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Michael Sjogren
  • Investor
  • Beverly, MA
70
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103
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Newbie looking for new construction timeline & budget sample

Michael Sjogren
  • Investor
  • Beverly, MA
Posted

Hello everyone,

My wife and I are building a new home for ourselves and are totally new to the development world. We are building in a new development about 30 minutes north of Boston and the lot has been cleared. I have read @J Scott diary of a new construction project which was very insightful and I am currently reading his books on flipping houses and estimating rehab costs. I was wondering if anyone has a sample timeline that I can use as a guide for managing the build from the initial stages of pulling permits all the way through the final inspection. Ideally, I am looking to get an overview of the whole process, how long each item should take, sample budget spreadsheets and any additional tips would be greatly appreciated. 

Thank you!

Mike

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J Scott
  • Investor
  • Sarasota, FL
17,211
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied
Originally posted by @Gabriel Mabry:

In the state of nc, a general contractor is not required for a personal residence if you plan to live there for xx months. Don't quote me but I believe it's 12 months. Check your states regulations you can curb cost in this manner.

 Though if you're planning to get a construction loan, the bank *might* require it...

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