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Home Construction

beastboy

New member
Do I contract it out myself or hire a builder. Not sure if the cost savings are worth the headaches. Anyone have any experience with this?
 
I do have an architecture background and have worked in construction in college, but I would still say my experience and knowledge is limited. I've heard to try to take a leave from work if possible, but then again I've heard it is a piece of cake.....I guess I should probably just go with a builder, but I'd hate to spend money I can save.
 
ZAKLEY my point. Do you know a blocklayer? Then its just co-ordinating the construction worker phases. Thats why I asked about the time you have. Get started in late April when they take the road resrtictions off and dig the hole and pour the footings. Have a dude do the leads if you can't, then drop block and buy wood. I plan on it in a few yrs myself
 
Get a calander and make sure everything is marked out and well planned ahead. Depending on the job every part depends on the other. Like you cant put the pummbing in until the framework is up or you cant sheetrock the walls until the wiring is in. If you have lots of time and there is no limit as to how long you want this to take then contract it all out yourself. If your in a hurry to get this project to finish then get a contractor. It can be a real pain to worry about scheduling things when something takes longer than expected espcially when your on a limited time frame. Plus tings get fucked up and orders come in wrong It all has to be accounted for. Some people would just rather not have all the extra stress and just let everything get handeled by someone else.
 
I would be the contractor but that is just me. I love doing that shit. It would help if you had more information and some good contacts on who is worth using for certain jobs. There are some real shitholes out there who are going to cut corners and take shortcuts. Make sure you know who you are dealing with if you plan on being the contractor. Good luck!
 
HumorMe said:
I would be the contractor but that is just me. I love doing that shit. It would help if you had more information and some good contacts on who is worth using for certain jobs. There are some real shitholes out there who are going to cut corners and take shortcuts. Make sure you know who you are dealing with if you plan on being the contractor. Good luck!

I know quite a few contractors, so that is good. I'm just kind of sketchy on the whole timeline and order of things. I might try to find a good boof for reference too. I like the idea of having control of everything and knowing exactly what is going on......
 
I'm going to school for building trades, then military construction afterwards. I say contract it yourself if you want to have fun, know-how, and time.

How much space do you have to work with?
How big are you planning on building the home sq ft wise?
How many stories?

I plan on building my own home when I leave the military, and am established a little. 2 stories high, with a dual basement. The bottom basement will be turned into a gym, and an office. The rest of the house is details. The backyard has to have fig and pear trees.

I hate foundation work though. So get someone to excavate, and if you don't like foundation work have someone do that. Rough, and finish carpentry is my love.
 
beastboy said:
Do I contract it out myself or hire a builder. Not sure if the cost savings are worth the headaches. Anyone have any experience with this?

Do you have any prior experience with construction?

Is this new construction or a renovation?

I've GCed a few projects - my fee was 15% of what all the trades charged.

hope that helps.

Good Luck.
 
beastboy said:
Do I contract it out myself or hire a builder. Not sure if the cost savings are worth the headaches. Anyone have any experience with this?

1. does your state allow you to contract yourself? example, in the state of texas, the homeowner, technically can not contract his own home. i say technically because, you can get someone to sign as your contractor and then you actually do the footwork. this person that signs can be someone like a brother-in-law. it helps though if you know a builder that would do it for you, but is not neccesary.

2. if you are gonna contract it, you need to check on the requirements about the land you'll build on. to get a construction loan, typically you must own the property out right. sometimes you can roll the remaining balance of the lot into your construction loan, but you will have to have a certain amount of equity. typically 5% of the total cost of the new home.

3. if you use a builder, sometimes you wont have to purchase the land first, the builder will just put that in with the construction loan. the advantage of this is that you avoid closing cost when you but the lot. the other way around that, is if you just buy the land with cash, there is no loan closing cost.

4.contracting it yourself will save you an average of 15% and maybe up to 25% if your willing to do some work yourself, which may include picking up debris from the jobsite or something more complicated like trim work inside if you know how. some counties allow you to do certain work. in one area you may be able to do the plumbing for example, not in another county. you have to check with your local county.

5. consider the time that you will be putting into this. construction usually last up to 6 months and maybe more, since you are inexperienced. people ive talked to say its a headache at times but they are glad they did it. your time is money. you must consider that.

6. so, with just sitting down and making phone calls you can save an average of 15%, no craft work on your part.

that would be,....150,000 home times 15% = 22,500$ in savings, so it would cost you 127,500 to build it.

look up self contracting on the net, and from hometime. they have how-to step by step guidlines to help you. good luck.
 
Rex said:

How much space do you have to work with?
How big are you planning on building the home sq ft wise?
How many stories?

About 1 acre.....
Around 2200 sq. feet
2 story cape cod w/ basement
 
Re: Re: Home Construction

spongebob said:


1. does your state allow you to contract yourself? example, in the state of texas, the homeowner, technically can not contract his own home. i say technically because, you can get someone to sign as your contractor and then you actually do the footwork. this person that signs can be someone like a brother-in-law. it helps though if you know a builder that would do it for you, but is not neccesary.

2. if you are gonna contract it, you need to check on the requirements about the land you'll build on. to get a construction loan, typically you must own the property out right. sometimes you can roll the remaining balance of the lot into your construction loan, but you will have to have a certain amount of equity. typically 5% of the total cost of the new home.

3. if you use a builder, sometimes you wont have to purchase the land first, the builder will just put that in with the construction loan. the advantage of this is that you avoid closing cost when you but the lot. the other way around that, is if you just buy the land with cash, there is no loan closing cost.

4.contracting it yourself will save you an average of 15% and maybe up to 25% if your willing to do some work yourself, which may include picking up debris from the jobsite or something more complicated like trim work inside if you know how. some counties allow you to do certain work. in one area you may be able to do the plumbing for example, not in another county. you have to check with your local county.

5. consider the time that you will be putting into this. construction usually last up to 6 months and maybe more, since you are inexperienced. people ive talked to say its a headache at times but they are glad they did it. your time is money. you must consider that.

6. so, with just sitting down and making phone calls you can save an average of 15%, no craft work on your part.

that would be,....150,000 home times 15% = 22,500$ in savings, so it would cost you 127,500 to build it.

look up self contracting on the net, and from hometime. they have how-to step by step guidlines to help you. good luck.

Actually my buddy built a house in the same area and GC'ed it himself....I am going to look to him for some help. He just gave me all of his reciepts for all the work and supplies it took to build his house so that should help me out allot. I'm just worried about the scheduling of contractors, becaue I can't offer them repeat business so they may say screw you....but whereas a builder can give them that repeat business and are more apt to hit start dates and deadlines. I may take the builders license class at the local community college....that way I can learn the whole law and code thing and take the test to actually get the license.....this way I can go to the bank and get my loan easier.

Wish me luck......and thanks for the info....
 
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