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JMK5 Holdings

JMK5 Holdings is typically a General Contractor who has worked on 24 jobs in the last 12 months according to available project information. Learn more about JMK5 Holdings's recent projects, reviews from other contractors, and general payment terms below.
Bottom
10%
0.5
Payment rating rank in the industry. These ratings are left by other contractors. Learn More.
Pay Score:
Low

Reviews and Ratings of JMK5 Holdings

Read the 1 review about JMK5 Holdings’s payment practices to learn more about how to work with them and get paid. There is 1 company that has rated JMK5 Holdings’s payment practices with an average payment speed of 0.5 out of 5. This is in the bottom 10% of all U.S. contractors.

6 months ago

We are over 90 days past due and have liens filed on Jerome's properties.

JMK5 Holdings Awards

What do you think about how JMK5 Holdings pays you? Anonymously review your recent payment experience

For Subs of JMK5 Holdings

Want to bid on a project with JMK5 Holdings or not sure what documents you should be exchanging? See the number of open bids, how to apply for work, and the documents you should be exchanging based on job progress.

What are you looking to do?

Apply to work with JMK5 Holdings

Start of Job

Send Preliminary Notice

178,033 others have recently sent preliminary notice.

Change of Job Items

Apply for payment

Send Pay Application

100 contractors have recently sent with Levelset.

Need Progress Pay for Completed work

Send Partial Conditional Lien Waiver

52,689 contractors have recently exchanged with Levelset.

Finished Job and Need Final Payment

Send Final Conditional Lien Waiver

52,689 contractors have recently exchanged with Levelset.

Waiting for payment from JMK5 Holdings

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Is your invoice taking long to get paid?
Send an Invoice Reminder. Other contractors send an invoice reminder 15 and 25 days after sending an invoice.
Have an overdue invoice?
Send a Notice of Intent to Lien to push for payment and avoid a mechanics lien. A notice of intent to lien results in payment on more than 95% of projects.

JMK5 Holdings Job History, Rankings, and Trends

Need Payment Help?

Based on the all-time 36 jobs publicly available, contractors working with JMK5 Holdings are paid on-time on 31% of jobs with 25 reported instances of slow payment. JMK5 Holdings ranks in the Bottom 10% of contractors in the United States. Relative to other contractors in the United States, JMK5 Holdings pays at a Slow payment speed.

Below you can find recent projects JMK5 Holdings worked on that had reports of slow payment. Subs and vendors reported slow payment on 63% of JMK5 Holdings’s jobs in the last 12 months. These subs sped up payment by exchanging 11 slow payment claims, sending no lien threats, and filing 13 mechanics liens.

Slow payment reported (90+ days) for Commercial project in League City, Texas

Work worth over $10,000 | 3 weeks ago

Slow payment reported (90+ days) for Commercial project in League City, Texas

Work worth over $10,000 | 3 weeks ago

Slow payment reported (90+ days) for Commercial project in League City, Texas

Work worth over $10,000 | 1 month ago

Slow payment reported (90+ days) for Commercial project in TEXAS CITY, Texas

Work worth over $5,000 | 7 months ago

Mechanics Lien filed on 10/18/2019 at 1888 Green Oaks Rd, Fort Worth, TX 76116

Active | Lien Value of $15,065.64

Job Details
Property Owner: Karam Jerome M
General Contractor: JMK5 Holdings

Slow payment reported (90+ days) for Commercial project in TEXAS CITY, Texas

Work worth over $10,000 | 8 months ago

Mechanics Lien filed on 10/15/2019 at 3316 Church, Galveston, TX 77550

Active | Lien Value of $21,078.94

Job Details
Property Owner: Jmk5 Falstaff Storage

Mechanics Lien filed on 10/15/2019 at 3316 Church, Galveston, TX 77550

Active | Lien Value of $226,464.63

Job Details
Property Owner: Jnks Falstaff Storage

Slow payment reported (90+ days) for Commercial project in Fort Worth, Texas

Work worth over $60,000 | 8 months ago

Slow payment reported (90+ days) for Commercial project in TEXAS CITY, Texas

Work worth over $10,000 | 8 months ago

Mechanics Lien filed on 10/15/2019 at 3316 Church, Galveston, TX 77550

Active | Lien Value of $226,464.63

Job Details
General Contractor: JMK5 Holdings

Slow payment reported (90+ days) for Commercial project in Galveston, Texas

Work worth over $60,000 | 9 months ago

Mechanics Lien filed on 09/12/2019 at 10000 Emmett F Lowry Expy, Texas City, TX 77591

Active | Lien Value of $17,554.58

Job Details
Property Owner: 2015 Shops The Mainland
General Contractor: JMK5 Holdings

Mechanics Lien filed on 09/12/2019 at 10000 Emmett F Lowry Expy, Texas City, TX 77591

Active | Lien Value of $17,554.58

Mechanics Lien filed on 09/12/2019 at 10000 Emmett F Lowry Expy, Texas City, TX 77591

Active | Lien Value of $17,554.58

Job Details
Property Owner: 2015 Shops The Mainland

Mechanics Lien filed on 09/09/2019 at 3316 Church, Galveston, TX 77550

Active | Lien Value of $114,305.37

Job Details
Property Owner: JMK5 Holdings

Mechanics Lien filed on 09/09/2019 at 3316 Church, Galveston, TX 77550

Active | Lien Value of $114,305.37

Mechanics Lien filed on 08/28/2019 at 3316 Church, Galveston, TX 77550

Active | Lien Value of $215,700.25

Job Details
Property Owner: JMK5 Holdings

Mechanics Lien filed on 08/28/2019 at 3316 Church, Galveston, TX 77550

Active | Lien Value of $215,700.25

Mechanics Lien filed on 08/19/2019 at 1888 Green Oaks Rd, Fort Worth, TX 76116

Active | Lien Value of $1,064,136.48

Job Details
Property Owner: Jmk4ridgmar

Mechanics Lien filed on 08/19/2019 at 1888 Green Oaks Rd, Fort Worth, TX 76116

Active | Lien Value of $1,064,136.48

Job Details
General Contractor: JMK5 Holdings

Slow payment reported (90+ days) for Commercial project in TEXAS CITY, Texas

Work worth over $10,000 | 10 months ago

Slow payment reported (90+ days) for Commercial project in TEXAS CITY, Texas

Work worth over $10,000 | 10 months ago

Slow payment reported (90+ days) for Commercial project in Fort Worth, Texas

Work worth over $60,000 | 11 months ago

About JMK5 Holdings

Website for Subs 
On their website, JMK5 Holdings describe themselves as:

“ Jerome M. Karam has become one of the most relevant Real Estate Developers in Southwestern Louisiana and Texas. For nearly 20 years, Karam has purchased, renovated and profitably sold, hundreds of millions of dollars in real estate. ” read more

2 

Office Locations:

308 W Parkwood Ave, Friendswood, TX 77546
 

Works in:

Texas, Tennessee

JMK5 Holdings is featured in these lists

JMK5 Holdings Project and Payment Info

Payment Score
Low

Compared to other contractors' pay history, JMK5 Holdings' payment Score is Low.

How Levelset computes this
Bottom
5% Small Companies

Recent Payment Performance

37% of projects in the last 12 months had no reported payment issues by other contractors.

Last 12 months - 37%

Payment Performance Over the Years

According to available information, 42% of projects in 2019 had no reported payment incidents.

2020 - 86%
2019 - 42%
2018 - 100%

Key Payment Steps and Software

Preliminary Notice

Always send

JMK5 Holdings uses Levelset for preliminary notices. Send Preliminary Notice

Lien Waivers

Always Exchange

JMK5 Holdings has not listed their lien waiver process. Send waivers with Levelset