Sandbagging 101: Project Fades and Gains
Description
jjIn this punchy episode of Nailed It: The Construction and Real Estate Finances Podcast, hosts Jeremy Bottlinger and Ian Grove dive into the contractor's world of project fades, gains, and sandbagging with a nod to Wedding Crashers. They define a fade as a job coming in under expected profit (e.g., 30% margin drops to 25%) and a gain as exceeding it (30% to 35%). Sandbagging? That's when savvy project managers hold back profits to avoid getting chewed out later. With their signature humor, they stress leaking gains gradually, not all at once, and tease part two on tax and financial impacts.
Disclaimer – played at 3x speed: This recording is strictly educational in nature and shall not be considered tax, investment, or legal advice. DO NOT attempt applying any of these ideas without consulting your tax, investment or legal professional.
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Hosted by Ian Grove and Jeremy Bollinger






