Team Findleton

The unique approach taken by Team Findleton in managing construction projects has proven to be a game-changer in the real estate industry. The team operates as "owner builders," which results in significant cost savings as we bypass high-cost executive salaries, corporate office expenses, and exorbitant realtor commissions typically associated with traditional Real Estate Investment Trusts (REITs).

Analogous to a REIT operating in reverse, our investment model prioritizes paying back the initial investment capital. We then optimize our tax strategy by burdening the LLC, thereby benefiting our investors and their heirs over the long term.
As owner builders, we are essentially avoiding the 20-30% profit typically paid to contractors for construction management. Instead, we manage the process ourselves under the expert supervision of Keith Kelch, a veteran contractor with over 35 years of experience. This streamlined process reduces costs and ensures that all construction phases meet industry standards and are approved by Shasta County Building Inspectors.

The flexibility of our operation allows us to implement changes during the build process without having to deal with time-consuming "change orders" or extra fees. This flexibility is a significant advantage, particularly when adjustments need to be made on the fly.

Moreover, working consistently with the same subcontractors across multiple projects grants us considerable "economies of scale". As these teams move from one project to the next, their efficiency improves, they are less likely to make repeated mistakes, and our overall costs decrease.

By handling payments through an LLC that approves all invoices twice before settling them on the 20th of each month, we maintain clear and transparent accounting. Members can effortlessly track every financial transaction through a user-friendly smartphone app that allows for real-time reviews and commentary from our experts.

Importantly, we are able to keep property taxes low due to California's Proposition 13 tax benefits. As owner builders working on land purchased years ago by the LLC, the final property taxes are based on the lower land cost plus the cost of construction at the time of the final inspection, rather than on the current market value. The deed remains unchanged, and we avoid new tax rates and mark-ups in value.

In essence, Team Findleton's approach to real estate construction projects is smart, efficient, and beneficial for all investors involved. It's a model that turns conventional construction management on its head - offering impressive savings, enhanced profitability, and ultimately, greater generational wealth.