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Old 06-16-2013, 09:50 PM   #46
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Building my first house!


Yep, there's an old saying in construction, and it applies to life, too.

"Plan your work, then work your plan."

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Old 06-17-2013, 12:24 AM   #47
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one more thing. figure out how much everything will cost then tack on 40% more to the cost to cover overages, wastage, cost over runs, price increases. any time I do a spec home I always figure 40% above cost and I do alright.
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Old 06-17-2013, 08:02 AM   #48
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I have always found that without some serious planning and constant work on budget and scheduling, (and this takes an expert), things usually cost twice as much, and take three times as long as originally conceived they would require.
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Old 01-24-2014, 05:54 AM   #49
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I am really sorry guys but I been totally stupid for asking this question, I know I cant really live off a $9.35 and hour salary. So the best thing for me to do is start a business or find a better paying job.
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Old 01-24-2014, 07:20 AM   #50
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I can't imagine being able to buy a house for $85,000. That's just crazy, a $400 mortgage sounds amazing. That's less than most leases cost. Heck, my down payment was $220,000. I know wages are lower in some areas, but that's still seems nice.
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Old 01-24-2014, 09:56 AM   #51
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I can't imagine being able to buy a house for $85,000. That's just crazy, a $400 mortgage sounds amazing. That's less than most leases cost. Heck, my down payment was $220,000. I know wages are lower in some areas, but that's still seems nice.
Oh, it's certainly possible, depending mainly on where you live and what you're looking for. In the Midwest (Kansas, Nebraska, Oklahoma, etc.) you could likely get a new house in some areas for that much or less. When we lived in Kansas a few years ago, we were looking at modular homes (real houses on foundations, not trailers or double-wides). Yeah, most were on the small side (1200 sf or a bit more) but could be had new, move-in ready, for less than $50,000. If you wanted to build a house, at least one town (Ellsworth) would give you a lot to put it on for free. Of course, prairie living isn't for everybody, which is why we no longer live there.
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Old 01-27-2014, 12:09 PM   #52
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I can't imagine being able to buy a house for $85,000. That's just crazy, a $400 mortgage sounds amazing. That's less than most leases cost. Heck, my down payment was $220,000. I know wages are lower in some areas, but that's still seems nice.

A little late to the thread, but as others have said, it depends where you live. 85k will get you a decent existing 3 bedroom/ 1-1.5 bathroom house in a low crime Pittsburgh neighborhood, which is pretty much what my wife and I did. One would add 5-10k if they want the same house with fewer to no little projects that need done.

The phrase that people use around here is "Pittsburgh rich" for people like my wife and I. That doesn't mean that we're rich, but what it does mean is that there's not many other places that we could make the wages that we do and still have the lifestyle that we currently have in an urban area.

Although, as others have said, while prices for things around here are low, I've gotten into the habit of estimating costs for various projects, and then adding another half to doubling my estimate to account for the unforeseen expenses that will certainly occur.
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Old 01-28-2014, 05:54 AM   #53
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Some good advice here.

I want to repeat what's probably already been said.
If your needing advice from somewhere like here on how to build a home then you probably shouldn't be doing that, you need to hire an experienced builder or general contractor.
Being a carpenter is important.........but that only covers about 20% of the construction process.

That doesn't stop some people from doing it anyways and later they sell it to some poor unsuspecting homeowner and then someone like me is called in to fix it.
Or if the new owner is lucky he/she ends up on a DIY show or Holmes on Homes.........but that's like winning the lottery.
I would say less than 10% of new homes or major renovations/additions where the homeowner is trying to be his own general are done properly.

And these days I see it over and over........people are having to make big discounts on the home their selling because the home inspection turned up serious problems with their home.
Or the seller gets sued by the buyer because the seller withheld information about problems with the home.
Doing major work yourself that should have been done by professionals in the long run is not worth it..........especially not these days with home inspections and seller disclosure statements.

Last edited by Gary Evans; 01-28-2014 at 06:03 AM.
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Old 01-28-2014, 12:02 PM   #54
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I will only do the framing, trim work, and cabinetmaking.
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Old 01-28-2014, 01:39 PM   #55
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I am really sorry guys but I been totally stupid for asking this question, I know I cant really live off a $9.35 and hour salary. So the best thing for me to do is start a business or find a better paying job.
Sounds like a few months of contemplating has made you crunch some numbers. That's a good start...
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Old 01-28-2014, 02:22 PM   #56
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Another thing, probably the most important thing to keep in mind.

There can only be one boss.......one person in charge of a project taking responsibility.
Any confusion with that is not good.
And if the boss has less knowledge and experience about his job than the people working under him.............. then it's very easy for the project to be compromised.

It helps a lot if whomever is in charge is also the most knowledgeable person on that site

Last edited by Gary Evans; 01-28-2014 at 02:28 PM.
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Old 01-28-2014, 05:30 PM   #57
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Building my first house!


I am going to put and engine in my dad old s-10 chevy truck so I am going to use that start my carpentry business. So I am working on me a business plan.


1. Licenses
A. Alabama Homebuilders Licenses
B. City of Montgomery Contractors Licenses

2. A. Get and accountant
3. B.Workman Comp & General Liability Insurance

3. A. Set up a business checking account
B. Set up and 401K self-employed retirement plan


Last edited by CJIII; 01-28-2014 at 05:33 PM.
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