{"id":6744,"date":"2023-02-08T11:18:44","date_gmt":"2023-02-08T17:18:44","guid":{"rendered":"https:\/\/resource-center.blockadvisors.com\/?p=6744"},"modified":"2024-05-20T14:57:46","modified_gmt":"2024-05-20T20:57:46","slug":"r3-homes","status":"publish","type":"post","link":"https:\/\/hrbscaletest.hrblock.com\/resource-center\/motivation\/r3-homes\/","title":{"rendered":"Small town Oregon couple&#8217;s pandemic-era home renovation business blossoms into a million dollar venture"},"content":{"rendered":"\n<p class=\"has-text-align-left\">It&#8217;s early in the pandemic and Jim Erickson and Leanne Knapp are about to take their first leap into the world of entrepreneurship. The couple lives in Bend, Oregon, a picturesque city of just over a hundred thousand people nestled between the Cascade Mountains and the pine-treed banks of the Deschutes River. Hear about their experience founding <a href=\"https:\/\/r3homes.net\/\">R3 Homes<\/a> and Block Advisors&#8217; role in supporting them during their company&#8217;s rapid growth. <\/p>\n\n\n\n<p>Block Advisors Small Business Certified experts help entrepreneurs like Jim and Leanne keep their dreams on track \u2014 and we can help <strong>YOU <\/strong>too. If you are an entrepreneur looking for support with <a href=\"https:\/\/www.blockadvisors.com\/small-business-tax-preparation\/\">tax preparation<\/a>, <a href=\"https:\/\/www.blockadvisors.com\/small-business-bookkeeping-services\/\">bookkeeping<\/a>, <a href=\"https:\/\/www.blockadvisors.com\/small-business-payroll-services\/\">payroll<\/a>, or <a href=\"https:\/\/www.blockadvisors.com\/business-formation-incorporation-services\/\">business formation<\/a>, we&#8217;ve got you covered. Block Advisors has the expertise and tools to support your small business now and as you grow in the future. <\/p>\n\n\n\n<p>Don&#8217;t put progress on hold: <a href=\"https:\/\/www.blockadvisors.com\/find-a-pro\/\">connect with a Block Advisors expert<\/a> today! <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Block Advisors + R3 Homes | Business Insider\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/q5-sBLDmW2Q?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-video-transcript\">Video Transcript<\/h2>\n\n\n\n<p><em>[Opening: A road passes by a snowy field. Cows contentedly eat hay. Jim and Leanne sit in their office.]<\/em><\/p>\n\n\n\n<p><strong>Jim Erickson<\/strong>: Leanne has this idea that reality &#8211; what is that? So we have a joke between us that goes: Never let reality get in the way of your dreams. <\/p>\n\n\n\n<p><em>[A medium-tempo, optimistic country song plays on acoustic guitar in the background throughout. Footage of three men working on the interior of a home renovation project, with Jim and Leanne supervising work and looking over blueprints.]<\/em><\/p>\n\n\n\n<p>In three years, we&#8217;ve grown to a million-dollar business and we could not have done it without Block Advisors. <\/p>\n\n\n\n<p><em>[Video title screen appears: &#8220;Small But Mighty&#8221; followed by &#8220;Sponsored by Block Advisors by H&amp;R Block,&#8221; overlays footage of their snow-covered farm office. The scene shifts to Jim inspecting a work site, panning across various construction tools.]<\/em><\/p>\n\n\n\n<p>I think I&#8217;ve owned half a dozen homes. I&#8217;ve always renovated myself. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.blockadvisors.com\/resource-center\/wp-content\/uploads\/2023\/02\/image006-1024x576.png\" alt=\"Jim Erickson and Leanne Knapp lean over a set of blueprints at a worksite for their company, R3 Homes\" class=\"wp-image-6751\" style=\"width:256px;height:144px\" srcset=\"https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image006-1024x576.png 1024w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image006-300x169.png 300w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image006-768x432.png 768w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image006-1536x864.png 1536w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image006-1200x675.png 1200w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image006-1600x900.png 1600w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image006.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p><em>[Jim continues speaking in their office, sitting next to Leanne. Text appears on-screen, &#8220;Jim Erickson &amp; Leanne Knapp, Cofounders, R3 Homes LLC&#8221;.]<\/em><\/p>\n\n\n\n<p>While I had my other career, Leanne and I had a little bit of a debt that we wanted to address. <\/p>\n\n\n\n<p><em>[Footage of Jim and Leanne working in their office and driving to a work site.]<\/em><\/p>\n\n\n\n<p>So I was just gonna throw an ad up on Craigslist, be a handyman type guy. And of course Leanne, she said, &#8220;Oh no, you&#8217;ve gotta go get licensed and bonded and insured.&#8221; And so we did that. <\/p>\n\n\n\n<p><em>[Leanne, sitting next to Jim in the office, emphasizing her words with her hands. Then, footage of Jim and Leanne exiting a large white pickup truck as they arrive on a work site.]<\/em><\/p>\n\n\n\n<p><strong>Leanne Knapp<\/strong>: And his whole family was like, &#8220;What are you crazy? You have this great job with security and a pension to go off on your own?&#8221; <\/p>\n\n\n\n<p><strong>Jim<\/strong>: There&#8217;s so many different things that are tough about being a small-business owner. <\/p>\n\n\n\n<p><em>[Footage of Jim talking on his cell phone at the work site. The camera pans over a circular R3 Homes sign made of blonde stained wood, pausing on the company motto, &#8220;We turn your dreams into reality.&#8221;]<\/em><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"281\" src=\"https:\/\/www.blockadvisors.com\/resource-center\/wp-content\/uploads\/2024\/05\/Leanne-Jim-review-paperwork.png\" alt=\"Leanne and Jim review a stack of business paperwork in their small business office\n\" class=\"wp-image-7828\" style=\"width:256px;height:144px\" srcset=\"https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2024\/05\/Leanne-Jim-review-paperwork.png 500w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2024\/05\/Leanne-Jim-review-paperwork-300x169.png 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n<\/div>\n\n\n<p><strong>Leanne<\/strong>: Challenges that we faced were everything. Well, we need to get a website and we have to get a logo. <\/p>\n\n\n\n<p><em>[Footage of Jim and Leanne working in their office on the computer and discussing a scheduling calendar on the wall with names of their employees &#8220;Terry&#8221; and &#8220;Jacobson&#8221;.]<\/em><\/p>\n\n\n\n<p><strong>Jim<\/strong>: And then we thought, well, let&#8217;s start advertising. And it was just a matter of a few weeks and the phone was ringing off the hook, quite literally. And I know that sounds exaggerated, but it really was. Things took off from that point. <\/p>\n\n\n\n<p><em>[Footage of R3 Homes employees working. Jim and Leanne enter and greet their team amidst sawing and hammering.]<\/em><\/p>\n\n\n\n<p><strong>R3 Homes Employee<\/strong>: Hey, Leanne. <\/p>\n\n\n\n<p><strong>Leanne<\/strong>: Hey, good morning. How are ya? <\/p>\n\n\n\n<p><strong>R3 Homes Employee<\/strong>: I&#8217;m good! <\/p>\n\n\n\n<p><em>[Footage of Jim and Leanne meeting on-site with a client, shaking hands, smiling and inspecting progress on the project.]<\/em><\/p>\n\n\n\n<p><strong>Jim<\/strong>: We&#8217;ve invested heavily in our relationships. We&#8217;ve managed to surround ourselves with some really, really marvelous people. <\/p>\n\n\n\n<p><em>[Footage of Jim and Leanne scrolling through the Block Advisors website home page and talking on a remote video call with Amanda, their Block Advisors Accountant.] <\/em><\/p>\n\n\n\n<p><strong>Leanne<\/strong>: It&#8217;s important to have experts who actually are in your corner that actually want the best for you. And we love working with our Block Advisors accountant. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.blockadvisors.com\/resource-center\/wp-content\/uploads\/2023\/02\/image008-1024x576.png\" alt=\"Jim Erickson and Leanne Knapp discuss their small business taxes and bookeeping with a Block Advisors expert virtually on a video call from their office.\" class=\"wp-image-6754\" style=\"width:256px;height:144px\" srcset=\"https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image008-1024x576.png 1024w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image008-300x169.png 300w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image008-768x432.png 768w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image008-1536x864.png 1536w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image008-1200x675.png 1200w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image008-1600x900.png 1600w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2023\/02\/image008.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p><strong>Jim<\/strong> <strong>and Leanne<\/strong>: Hi, Amanda. <\/p>\n\n\n\n<p><em>[Text appears on the screen, &#8220;Amanda H., Block Advisors Accountant&#8221;.]<\/em><\/p>\n\n\n\n<p><strong>Amanda<\/strong>: Hi, Jim, hi, Leanne. How&#8217;s it going? <\/p>\n\n\n\n<p><em>[Jim and Leanne talking in their office interspersed with footage around the space.]<\/em><\/p>\n\n\n\n<p><strong>Leanne<\/strong>: It&#8217;s going good. Busy, very busy. She does the books. She knows our business better than I do half the time. She knows exactly what&#8217;s going on. She knows what transactions are going where. <\/p>\n\n\n\n<p><em>[Footage of Jim and Leanne scrolling through the Block Advisors website once more, pausing to focus on text saying &#8220;Find a Tax Pro Near You,&#8221; before shifting back to business paperwork, binders, and calendars around the office.]<\/em><\/p>\n\n\n\n<p>And we love working with Jessica, our Block Advisors tax pro because taxes can be scary. You always wanna make sure that you&#8217;re doing things right and she really knows tax law very well and always available to answer a quick question. <\/p>\n\n\n\n<p><em>[Footage of Jim and Leanne sitting at a table sorting through a stack of business paperwork.]<\/em><\/p>\n\n\n\n<p><strong>Jim<\/strong>: She helped us understand why an LLC, for instance, then how we can best minimize our tax liability and still be paying our responsibility. <\/p>\n\n\n\n<p><em>[Footage of Jim and Leanne meeting virtually with their Block Advisors experts, taking notes, smiling, and waving goodbye.]<\/em><\/p>\n\n\n\n<p><strong>Leanne<\/strong>: Accounting is really important. We&#8217;re very very fortunate to have that relationship with them, because of the expertise that they bring to the table that we could not have on our own. <\/p>\n\n\n\n<p><em>[Footage of &#8220;R3 Homes LLC&#8221; written in the concrete outside the office door. Then, detail highlights of a finished project: newly placed wood beams on a ceiling, a shining stainless steel stove set in a kitchen island, crisp grout lines on a section of fresh backsplash tile, and tidy newly laid flooring.]<\/em><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"281\" src=\"https:\/\/www.blockadvisors.com\/resource-center\/wp-content\/uploads\/2024\/05\/Leanne-Jim-outside-office.png\" alt=\"Leanne and Jim smiling and looking at each other while standing outside the R3 Homes office\" class=\"wp-image-7827\" style=\"width:256px;height:144px\" srcset=\"https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2024\/05\/Leanne-Jim-outside-office.png 500w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2024\/05\/Leanne-Jim-outside-office-300x169.png 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n<\/div>\n\n\n<p><strong>Jim<\/strong>: I tell our guys all the time, you can&#8217;t be perfect. There&#8217;s just no room for perfection. But we can pursue excellence. Because perfection is an impossibility, but excellence is always something within our grasp. <\/p>\n\n\n\n<p><em>[Footage of R3 Homes employees removing an exterior wall, constructing its replacement, and leaving for the day. The scene returns to Jim and Leanne sitting in their office.]<\/em><\/p>\n\n\n\n<p>Leanne&#8217;s father, every once in a while, he&#8217;ll give me a piece of wisdom and he says to me early on, &#8220;I will save you countless self-help conferences and books. Just follow these three pieces of advice.&#8221; He said, &#8220;Buy low, sell high, and love along the way.&#8221;<\/p>\n\n\n\n<p><em>[Closing credit screen appears: Jim and Leanne standing outside of their office near the &#8220;R3 Homes&#8221; sign. Text overlay appears: &#8220;Sponsored by Block Advisors by H&amp;R Block, Built for Your Small Business, www.BlockAdvisors.com,&#8221; then fades to black.]<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><em>Block Advisors, a part of H&amp;R Block, has&nbsp;<\/em><a href=\"https:\/\/www.blockadvisors.com\/find-a-pro\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>small-business-certified tax pros<\/em><\/a><em>&nbsp;available in-person and virtually to assist with your small business needs. With <a href=\"https:\/\/www.blockadvisors.com\/small-business-tax-preparation\/\">tax preparation<\/a>, <a href=\"https:\/\/www.blockadvisors.com\/small-business-payroll-services\/\">payroll<\/a>, and <a href=\"https:\/\/www.blockadvisors.com\/small-business-bookkeeping-services\/\">bookkeeping<\/a>, and <a href=\"https:\/\/www.blockadvisors.com\/business-formation-incorporation-services\/\">business formation <\/a>tools and services we can help you navigate life as a small business owner. Set up an appointment with a Block Advisors expert to find out how we can help your business thrive.<\/em><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"436\" src=\"https:\/\/www.blockadvisors.com\/resource-center\/wp-content\/uploads\/2022\/08\/HRB-Block-Advisors-Logo-1024x436.jpg\" alt=\"Block Advisors by H&amp;R Block logo\" class=\"wp-image-6406\" style=\"width:256px;height:109px\" srcset=\"https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2022\/08\/HRB-Block-Advisors-Logo-1024x436.jpg 1024w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2022\/08\/HRB-Block-Advisors-Logo-300x128.jpg 300w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2022\/08\/HRB-Block-Advisors-Logo-768x327.jpg 768w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2022\/08\/HRB-Block-Advisors-Logo-1600x682.jpg 1600w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2022\/08\/HRB-Block-Advisors-Logo-1536x655.jpg 1536w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2022\/08\/HRB-Block-Advisors-Logo-1200x511.jpg 1200w, https:\/\/hrbscaletest.hrblock.com\/resource-center\/wp-content\/uploads\/2022\/08\/HRB-Block-Advisors-Logo.jpg 1800w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>It&#8217;s early in the pandemic and Jim Erickson and Leanne Knapp are about to take their first leap into the\u2026<\/p>\n","protected":false},"author":1,"featured_media":6745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,1238],"tags":[],"class_list":["post-6744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-center","category-motivation"],"acf":[],"yoast_head":"<title>OR couple&#039;s business blossoms into a million dollar venture | Block Advisors<\/title>\n<meta name=\"description\" content=\"Hear how Jim and Leanne&#039;s Bend, OR home renovation company found small business success through the power of teamwork and collaboration.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hrbscaletest.hrblock.com\/resource-center\/motivation\/r3-homes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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