32 years ago a kinda relative and long time friend of my wife, and his wife, tried to borrow 150K to start an asbestos remediation business. They were turned down.. did it anyway, now making big bucks. Covid isn't hurting him, anyway. He normally runs a 15 man crew, has 18, needs 25 he told us. Can't get them because so many would rather sit home drawing "free money", than working. He starts them at $30/hour, with regular raises.
He told us that a job came up that he didn't want, so bid 3X his normal rate, and added 25% to that. He was the only bidder, so , as Cindy put it, they are working the "C crew" on that project That is her, him, and one of their sons, all of whom normally are not normally "working" crew, but admin and supervisors
Not too long ago that loan was approved at 1% interest because of Covid. 32 years. later.... They don'tt need it now, but took it. Knowing him, he's got it banked or invested, and making money off from "Covid" money he never asked for
And no, he is not a bullshitter.
100% believe that.
Bidding a job in a sheithole like DC, Baltimore etc. is always a 3x OR HIGHER PROPOSITION.
