The Right Way to Manage Construction Bids with Ira Singer, Ep. 595

Ira Singer, the Founder & Chief Marketing and Communications Officer of Mosaic Construction, spearheads the innovative growth and strategic vision of the company alongside its affiliated brands, Design Construction Concepts (DCC) and Cannabis Facility Construction (CFC). With a firm foothold in Northbrook, Illinois, Ira channels his 30+ years of construction industry expertise into leading new business development, estimating, marketing, and fostering valuable trade partner relationships. Since co-founding Mosaic Construction in 2005, Ira has been instrumental in steering the firm's success, particularly in the commercial and multifamily sectors, where he collaborates closely with clients to enhance their properties to better serve tenants, residents, staff, and visitors. A respected figure in the industry, Ira is renowned for his insightful perspectives on multifamily, commercial, and residential design-build construction, often sought after as a speaker and featured guest on industry podcasts. Outside of his professional pursuits, Ira is deeply committed to philanthropy, notably contributing his time and efforts to the Center for Enriched Living, a non-profit organization dedicated to serving individuals with developmental and intellectual disabilities. Holding a Bachelor of Arts in Speech Communication & Rhetoric from the University of Illinois, Ira's dedication to excellence transcends his professional endeavors, embodying a holistic commitment to community enrichment and industry leadership.   In this episode, we talked to Ira about incorporating contractors and the types of business models they use, their best practices, Mosaic Construction’s community engagements and investments into non-profits, their approach to their projects, and much more.   Announcement: You can join the Apartment Investing Mastermind here.   Contractor Compass;   02:17 Ira's background; 05:11 Incorporating contractors further; 08:19 Types of business models contractors use; 11:13 An insight on the best practices of contractors; 21:13 A look into Mosaic's community engagements; 25:04 Mosaic's projects and their approach; 31:49 Round of insights   Announcement: Don’t miss the Best Ever Conference this year on April 10th to 12th. Use my code CASMON15 for 15% off!   Round of Insights   Apparent Failure: The failure of his first partnership taught Ira well to build another, that is more solid and successful. Digital Resource: Procore & Insightly. Most Recommended Book: The Goal. Daily Habit: Taking care of himself physically with morning exercises and a healthy diet. #1 Insight for hiring the right contractor: Doing the prep work correctly and due diligence in terms of budgeting, finding the right asset, deals, and so forth. Best Place to Grab a Bite in Chicago, IL: Bavette’s & Smyth and the Loyalist   Contact Ira: https://mosaicconstruction.net/    Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.