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From House Flipping to $2.5M in Coastal Construction with Grant Smith | F&D Mastery Podcat # 42

📅 November 29, 2024 ⏱️ 45:36 🎤 Grant Smith, Alex Danner

Chapters

Click to jump to section

  • 0:00
    Intro & welcoming Grant Smith of Simple Side Construction
  • 2:11
    Grant's story: from house flipping to general contractor
  • 4:59
    Moving to the Outer Banks & building spec homes
  • 6:39
    The knowledge gap & battling a harsh coastal environment
  • 8:58
    Where the business is now: crews, office & showroom plans
  • 10:39
    Material longevity & 316 stainless in a corrosive climate
  • 12:51
    Decking choices: TimberTech, treated wood & rental wear
  • 15:02
    Steel & fiberglass framing alternatives on the coast
  • 18:20
    Building high on 8x8 pilings & piling embedment
  • 22:36
    Selling maintenance-free vs. treated to remote owners
  • 29:12
    Why the Outer Banks stays a short-term rental market
  • 31:20
    First marketing budget & the power of word of mouth
  • 34:00
    Networking, reviews & winning with older clients
  • 37:54
    Collecting reviews in person at final payment
  • 40:05
    Closing wisdom: niche down & track the small wins

Speakers

G
Grant Smith
Owner, Simple Side Construction
A
Alex Danner
Founder, Fence and Deck Marketers

Key Takeaways

✦

Grant Smith, a civil-engineering grad, quit his commercial construction job after realizing a single house flip could match his annual salary, then learned residential construction from the ground up before getting his general contractor's license and founding Simple Side Construction.

✦

Building on the Outer Banks — a barrier island less than a mile wide in spots with saltwater on all sides — demands materials most builders never consider: 316 stainless (not 304, which rusts) fasteners, joist tape, and careful vetting of warranties that often exclude anything within five miles of the coast.

✦

Homes there are built like docks on 8x8 pilings embedded up to 16 feet deep (jetted with high-pressure water or tamped through sand), because the sandy soil offers no bearing until roughly 40 feet down — code mandates an 8-foot blanket embedment.

✦

Despite the harsh coast, about 99.9% of Grant's framing is still treated wood because the area is a short-term-rental tourism economy; renters abuse the spaces, so owners often won't invest in composite even though treated decking realistically lasts only about eight years.

✦

Owens Corning WearDeck fiberglass composite framing is emerging as his most viable warrantied alternative to wood, installed much like lumber but still requiring correct 316 stainless fasteners.

✦

Selling maintenance-free versus treated comes down to understanding the client's plans for the home: turnover investment versus family heirloom, and their tolerance for painting and restaining — advise honestly and match the material to the goal.

✦

After a rough Q2, Grant launched his first real marketing budget (Google and Facebook ads) in June, but word of mouth through realtors and property managers — plus simply showing up on time and doing what he says — still puts him in the top 5% in a beach-mentality market.

✦

Five-star reviews are hard-won but invaluable: with an older clientele, the surest method is collecting the final 2% payment in person after a completed punch list, then walking the satisfied client through the review link right there.

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