The amount of value that you provided in this video is INSANE! Honestly, the best video I have came across yet! This has been so great, thank you for this.
Having viewed this 2 years ago.. and having now been through 2 years of battling out costs, I would say you need to produce a whole segment on just how to arrive at the right budget! House plans, different contractors, material markup ALL DIFFER FOR THE SAME AREA. We did the online estimations for one house.. 2200 SF single story.. Online estimates came in at $490K for our area - using several different estimators. So, we then took those specs and went to contractors.. Over $700K? Yikes. IF we had put out for a bank note for that estimated online amount.. we would've been had! The big(est) reasons these were SO off.. 1.) subcontractors in our region were nearly TRIPLE in some cases.. from what online said was "worst case", 2.) Contractor material markup is a BIG deal.. don't ignore that.. you may have built your material budget based on "big box" product costs.. which will NOT work for contractors, 3.) Contractors will NOT build with what they consider sub quality materials.. and so they send you to a "design center".. where the least expensive options are 2 - 3X What you put in the budget!, 4.) Type of house plan you choose can really be MUCH, MUCH higher in cost to build.. and some contractors can't build certain types of houses proficiently or cheaply. (BTW, the architect we used for the initial budgeting process was also way off the high side.. and didn't explain to us accurately enough.. what to do to reduce cost (talk a $1K down the drain!)) So.. all that long winded to say: we finally went to a contractor that took one of their "custom homes" (where they knew the base cost).. used their cost plus models for the changes.. and even with that kind of work.. we still were 20% higher then we had initially planned on.. and we cut out 80% of our "wish list" to achieve this! SO.. While this video is somewhat helpful, you probably should advise people in more comprehensive video covering HOW TO PROPERLY BUDGET to avoid these kinds of pitfalls.. what to expect when working with contractors - especially! Thanks!
One thing some people do not take into account is how much the property taxes are going to be when the home is finished. I have heard of many stories of how the people could not afford that expense and had to sell their new home.
Wow!! So much information in this video! We have purchased our land, chosen our builder, and will be meeting with our architect (who is used by our builder) in a couple of weeks! This provided so much information on the process after the next step! Thank you for breaking it down and taking your time in explaining. Much appreciated!
Thank you for the awesome video! I am in the beginning stages of researching and putting together a plan. I wish you were in Florida:) Continued blessings and success!
I’m terrified of the process bc there is just so much to do and know it’s just so overwhelming. Don’t want to be taken advantage of. Anyways, thank you for the info!!
I haven’t closed on my land yet (just learned the land surveyor is booked for the next 6 weeks) but I’m getting a jump start on learning as much as I can. The goal is to start building in the next 2 years. I appreciate this video!!
Great tips! We are enjoying watching your videos. Question: In a fixed cost custom-built contract, with price increase clause, how do we access that the price increase is genuinely calculated by builder? In other words, how can expect transparency?
Thank you! There's so much valuable information in this video. Glad I came across it. There are so many things to think about when building and so much homework to do before.
I know this is video is a few years old, but this has really helped me with my process for buying a lot and building a custom home. Thanks a lot, I avoided a ton of pitfalls!
The best informative video by far. I am closing on a slightly slope land. My question if you dont mind is, do the builders hire a subcontractor for the foundation? or do they complete the foundation themself... plz advice
Typically builders will hire a contractor to "turnkey" the foundation. Turnkey means the builder would hire one subcontractor who would perform all of the tasks needed to complete the foundation. Most builders will handle it this way because 1) it's easier for them and 2) it shift the liability of any issues with the foundation to the subcontractor
Instead of physically driving to your prospective area, you can use Google Maps at the time of when you think you would leave home and adjust the starting point.
I’m in this process, and it has been frustrating than many Profesionista don’t follow a clear path like the one you propose. Some minutes of your video have summarized 2 years of personal experience. Thank you!!!!
What are the steps in bullet points to begin the house. Eg. in what order Build blueprint approval. Electric approval. plumbing approval. Land surveyed. start building??? foundation laid. Foundation checked upon by some building checker. I hope im showing what i am hoping to hear. Id like to know the steps that need to be taken.
Ive been watching videos regarding the topic for the past 2 weeks non stop- this is absolutely the best one yet, incredibly organised, no running off on tangents and "wait till the end for the main info" gimmicks. Saving this, congrats on the great job and thank you
We are building again, but this time we have to do every thing from scratch without our realtor. This is so helpful, and I subscribed immediately, never seen anyone gone so thoroughly to provide so much information. Thank you sir for such a great work you put together!!
yes, you can get a construction loan on a lot you still owe money on. They would roll the outstanding debt on the land into the overall construction loan so you would have only one payment - interest only.
We had Lowe’s do our remodel, what a mistake! The linoleum in the bathroom and laundry room was laid over the old stuff and gas made it rise. Their solution was to cut slits in it to release gas. We said no, come back and do it the right way. Our bamboo flooring was laid and the expansion trim was glued down, but we paid to have it nailed in place. The trim kept popping off. I finally called their contractor and said you were paid to nail it down, come back and do it right. The granite was fantastic. This was a home we were selling, it’s currently valued $875k
Joe, unfortunately I don't - but I have a really good builder friend who does work up there. Please send me more information about your project with your contact information and I'll have him reach out to you.
I would especially for a remodel. Partnering with a builder and an architect during the design phase is one of the only ways to be able to design your remodel to a budget. Finishing the design on the remodel and then bidding it out will typically end in a disappointment by being way over budget. Hope this helps!
Thank you for taking the time, i feel much better informed after watching this! I’m quite late to this video, and i think the links you have are expired or something, as i am unable to download the files. May you reply with updated ones please ?
I am so thankful I found your video. I am starting from scratch….buying land….builder built my current house….realtors helped me sell my family home and move to this current house……and I just want a white ranch style house with white brick and white-sparkling mortar…..like my family home had…..I will definitely support this channel in the future!
Do you all service DFW area or Cedar Hill, TX or cities surrounding Dallas? Or do you recommend a custom builder in these areas? I’m trying to figure out where to build. Thanks!
Very conservative engineers have probably done alot of failure mode and effect analysis in there past and are a bit paranoid by what they have seen. That's me... (I'm in manufacturing though not architecture)
I am going to hire a independent builder to custom build my house. This video helps me to get to know in this field a lot. I will need tons of details about hiring someone to build my custom made house.. please help.Thanks a bunch 🙏
We are planning to build our first custom home in SC. You videos are extremely informative and helpful. After listening to many of them, we even listened again and are feeling more comfortable with the process. You are obviously an excellent builder… and teacher! Thanks for taking the time to provide your knowledge on an accessible platform, to help others.
You can do that, but you'll need a local designer/architect to finish the drawings adding in all the items needed to get it up to local code. Will also need to hire an engineer for the structural drawings
Great video! This was so informative! Keep them coming! :-)
Thank you so much Rebekah! We have a lot of great content coming out in the coming weeks!
First time in my UA-cam history i did not just screenshot, i literally paused, rewind as necessary, and took NOTES! Detailed notes! Subscribed.
Me too!!
My Pinterest board is ready for me to win the lottery so I can build my mansion 😂
😂😂 Good luck idk about Pinterest for me but hoping for that same luck
The amount of value that you provided in this video is INSANE! Honestly, the best video I have came across yet! This has been so great, thank you for this.
Having viewed this 2 years ago.. and having now been through 2 years of battling out costs, I would say you need to produce a whole segment on just how to arrive at the right budget! House plans, different contractors, material markup ALL DIFFER FOR THE SAME AREA. We did the online estimations for one house.. 2200 SF single story.. Online estimates came in at $490K for our area - using several different estimators. So, we then took those specs and went to contractors.. Over $700K? Yikes. IF we had put out for a bank note for that estimated online amount.. we would've been had! The big(est) reasons these were SO off.. 1.) subcontractors in our region were nearly TRIPLE in some cases.. from what online said was "worst case", 2.) Contractor material markup is a BIG deal.. don't ignore that.. you may have built your material budget based on "big box" product costs.. which will NOT work for contractors, 3.) Contractors will NOT build with what they consider sub quality materials.. and so they send you to a "design center".. where the least expensive options are 2 - 3X What you put in the budget!, 4.) Type of house plan you choose can really be MUCH, MUCH higher in cost to build.. and some contractors can't build certain types of houses proficiently or cheaply. (BTW, the architect we used for the initial budgeting process was also way off the high side.. and didn't explain to us accurately enough.. what to do to reduce cost (talk a $1K down the drain!))
So.. all that long winded to say: we finally went to a contractor that took one of their "custom homes" (where they knew the base cost).. used their cost plus models for the changes.. and even with that kind of work.. we still were 20% higher then we had initially planned on.. and we cut out 80% of our "wish list" to achieve this! SO.. While this video is somewhat helpful, you probably should advise people in more comprehensive video covering HOW TO PROPERLY BUDGET to avoid these kinds of pitfalls.. what to expect when working with contractors - especially! Thanks!
One thing some people do not take into account is how much the property taxes are going to be when the home is finished. I have heard of many stories of how the people could not afford that expense and had to sell their new home.
Wow!! So much information in this video! We have purchased our land, chosen our builder, and will be meeting with our architect (who is used by our builder) in a couple of weeks! This provided so much information on the process after the next step! Thank you for breaking it down and taking your time in explaining. Much appreciated!
It's like I just went through a whole class. Thank you so much!
Thank you for the awesome video! I am in the beginning stages of researching and putting together a plan. I wish you were in Florida:) Continued blessings and success!
Thank you so much and good luck on your home building journey!
This is very informative. Do you build in the Dalla/Ft. Worth area?
Great video. It’s may dream to one day design my own custom home. It probably won’t happen for a long time, but I’m working on saving up.
Very helpful content. I really like how you organized it! Thank you
Thanks so much we’re starting to build our dream home and I like how you gave full details of everything!
This was very informative for us. This will help all people outside of Houston as well. One of the best
Very well done, so informal thanks for the knowledge. I wish you could do New England area.
Very useful video, specially now that we are in the early stages of building our dream home. Thank you!! Will keep watching ...👍
This was sooooo informative! Why they don’t teach this in schools!!!
Thank you, we are glad you found our video helpful!
I’m terrified of the process bc there is just so much to do and know it’s just so overwhelming. Don’t want to be taken advantage of. Anyways, thank you for the info!!
Wow! Lots of great information! Thank you!!
There are wealthy people who have enough money to pay for everything that they don’t need any financing when their new house is being constructed.
Don't have to be wealthy to build a house for cash
I haven’t closed on my land yet (just learned the land surveyor is booked for the next 6 weeks) but I’m getting a jump start on learning as much as I can. The goal is to start building in the next 2 years. I appreciate this video!!
Did you start building?
@@mk273Not yet! Still paying off the land on a single office manager income is taking me a while but I hope to get started next year!
Great tips! We are enjoying watching your videos. Question: In a fixed cost custom-built contract, with price increase clause, how do we access that the price increase is genuinely calculated by builder? In other words, how can expect transparency?
Thank you! We are so happy that you enjoy our videos.
Thank you! There's so much valuable information in this video. Glad I came across it. There are so many things to think about when building and so much homework to do before.
I’m from Sydney, Australia and there are so many helpful info on this video. Thank you!
Awesome, well hello from Texas! Glad to hear you liked our video.
I know this is video is a few years old, but this has really helped me with my process for buying a lot and building a custom home. Thanks a lot, I avoided a ton of pitfalls!
The best informative video by far. I am closing on a slightly slope land. My question if you dont mind is, do the builders hire a subcontractor for the foundation? or do they complete the foundation themself... plz advice
Typically builders will hire a contractor to "turnkey" the foundation. Turnkey means the builder would hire one subcontractor who would perform all of the tasks needed to complete the foundation. Most builders will handle it this way because 1) it's easier for them and 2) it shift the liability of any issues with the foundation to the subcontractor
Instead of physically driving to your prospective area, you can use Google Maps at the time of when you think you would leave home and adjust the starting point.
I’m in this process, and it has been frustrating than many Profesionista don’t follow a clear path like the one you propose. Some minutes of your video have summarized 2 years of personal experience. Thank you!!!!
WIth the supply chain shortages we're all seeing. Do you continue to use the fixed price model ?
We do, but have an escalation clause for any unstable materials like lumber
What are the steps in bullet points to begin the house.
Eg. in what order
Build blueprint approval.
Electric approval.
plumbing approval.
Land surveyed.
start building???
foundation laid.
Foundation checked upon by some building checker.
I hope im showing what i am hoping to hear.
Id like to know the steps that need to be taken.
foundation
framing
roof
electrical/plumbing/hvac
insulation
sheetrock
cabinetry/trim
paint
countertops/tile
flooring
fixtures
touch up
completion
Valuable information for potential clients and customers. Love it!
Thanks Jenny! We're glad you liked it!
Ive been watching videos regarding the topic for the past 2 weeks non stop- this is absolutely the best one yet, incredibly organised, no running off on tangents and "wait till the end for the main info" gimmicks. Saving this, congrats on the great job and thank you
Wonderful! I'm so glad they are helpful
Well done!
Great Video. Wish you were building in Florida! ~ Mister Walter
I miss the “Love’ button first time. This is just brilliant.
This is a very helpful and well-explained video. Thank you!
Thanks so much for the kind words! Glad you liked it!
We are building again, but this time we have to do every thing from scratch without our realtor. This is so helpful, and I subscribed immediately, never seen anyone gone so thoroughly to provide so much information. Thank you sir for such a great work you put together!!
What an informative and insightful video.
Can I get a construction loan on a land I am still paying for. Thank you
yes, you can get a construction loan on a lot you still owe money on. They would roll the outstanding debt on the land into the overall construction loan so you would have only one payment - interest only.
Awesome video just what every home builder/buyer needs to know great education
Thank you for sharing! A lot of info. What a scary process. A lot to think about!
We had Lowe’s do our remodel, what a mistake! The linoleum in the bathroom and laundry room was laid over the old stuff and gas made it rise. Their solution was to cut slits in it to release gas. We said no, come back and do it the right way. Our bamboo flooring was laid and the expansion trim was glued down, but we paid to have it nailed in place. The trim kept popping off. I finally called their contractor and said you were paid to nail it down, come back and do it right. The granite was fantastic. This was a home we were selling, it’s currently valued $875k
Excellent, thank you.
This is incredibly helpful. Thank you so much!
David this is an awesome video! We will be looking out for more!
Thank you for sharing your knowledge!
I wish I could hear you. Music is too loud and why have it at all
Very informative, thank you!
Links to the list doesn’t work, anyone else
Very helpful video👍 Thank you 🙏
Develop a team to help build a budget. Noted.
Super informative thanks heaps
Joe, unfortunately I don't - but I have a really good builder friend who does work up there. Please send me more information about your project with your contact information and I'll have him reach out to you.
Very nice, thoughtful explanation , making us to think our planning process in a new angle
Glad you liked it
Would you take this approach if you are doing a major remodel of existing home?
I would especially for a remodel. Partnering with a builder and an architect during the design phase is one of the only ways to be able to design your remodel to a budget. Finishing the design on the remodel and then bidding it out will typically end in a disappointment by being way over budget. Hope this helps!
Thank you for taking the time, i feel much better informed after watching this! I’m quite late to this video, and i think the links you have are expired or something, as i am unable to download the files. May you reply with updated ones please ?
This is amazing! Thank you for this!
Idea book: for me it’s been Pinterest…(just saw he mentioned it!) …and magazine cut outs from 30 years ago…
Very Informative
Very Helpful 👍🏻 Perfectly Explained 👌🏻
We are so glad to hear you found it helpful. Thank you so much for watching!
You said that you’re a Houston home builder. We have a lot in Montgomery County near Egypt. Do you work that far north?
You don’t need a interior designer. You can do it yourself. I’m also my own GC. Building right now in Southern Nevada.
I am so thankful I found your video. I am starting from scratch….buying land….builder built my current house….realtors helped me sell my family home and move to this current house……and I just want a white ranch style house with white brick and white-sparkling mortar…..like my family home had…..I will definitely support this channel in the future!
Thank you! I wish we was moving to Texas!! Great information, We are moving to Rocky Mount NC, do have anyone you can recommend us?
Most comprehensive educational video on home building process. Thank you. Thank you
Do you all service DFW area or Cedar Hill, TX or cities surrounding Dallas? Or do you recommend a custom builder in these areas? I’m trying to figure out where to build. Thanks!
Thank you so much for this in-depth video! I am preparing to build my custom home (my first and probably forever home), so this was most helpful ❤
Very conservative engineers have probably done alot of failure mode and effect analysis in there past and are a bit paranoid by what they have seen. That's me... (I'm in manufacturing though not architecture)
GREAT video! I learned so much!! Very to the point, and informative!
Historical Concepts architectural firm is $56/sqft.
Definitely helped. Thank you so much!
Thank you, we're glad you found our video helpful!
One of the best videos on the subject. Thank you for sharing your advice.
Great info - but the checklists are unusable. I need a way to d/l and print - can't do that. 😒
Wow!!! I've seen a lot of vids on this tpoic, and this one blows the others away!
Do you have relationships in San diego?
Unfortunately we don’t. We would love to build there!
@@AspireFineHomesHouston ok let's discuss
I am going to hire a independent builder to custom build my house. This video helps me to get to know in this field a lot. I will need tons of details about hiring someone to build my custom made house.. please help.Thanks a bunch 🙏
Do you have floor plans to look at? Do you recommend buying things yourself? Will you still need a build loan if not getting a loan?
We are planning to build our first custom home in SC. You videos are extremely informative and helpful. After listening to many of them, we even listened again and are feeling more comfortable with the process. You are obviously an excellent builder… and teacher! Thanks for taking the time to provide your knowledge on an accessible platform, to help others.
Well done! This was so informative and done in a very relatable manor. Thank you!!
David do you know anyone who’s doing a veterans construction to permanent loan in the state of Washington?
A fantastic video - Many thanks for all what you shared.
Great video!
Excellent. Top notch info not found videos by others.
Thank you for this valuable and clear information
Very helpful!!!!!
Can you make a video talking in detail about how to find a builder.
thank you
Thank you for the detailed breakdown, great video!
Do you know any good builder like you around seattle ?
what is the bidding process used for?
So helpful! Thank you, so much!
What about buying already engineered blue prints online for about $900-1100 ?
You can do that, but you'll need a local designer/architect to finish the drawings adding in all the items needed to get it up to local code. Will also need to hire an engineer for the structural drawings
Excellent presentation and information.
Great info. I learned a ton. Thank you.
This was great! I appreciate the transparency.
This video was very helpful!!! Thank you all the way from South Carolina!
SO glad it was helpful. Let us know if there's any other content that you'd like us to create!
Thanks alot very informative
I had been buying lemon home and car …!
Me: broke af looking at a video on the processes of building a house 😂😂😂😂
That's okay.. We walk by Faith & not by Sight! I pray god bless your finances to give you your dream home.
Thank you very much!!
You are very welcome, and thank you so much for watching. We have a lot of videos coming soon!