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Building your own home?
Building a small home with your own 2 hands. Wanted to know if anyone had any knowledge about this. DIY home building. Owner Building through contracting out the work yourself ie being the contractor. I have always wanted to give it a shot. I know this sounds daunting, but I have always wanted to try.
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- Rental Property Investor
- Brandon, SD
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Sounds ambitious. There's something to be said about building something yourself. Do you have any construction experience? The GC seems to take this big 10% cut just to manage subcontractors, but the GC actually does a lot of extra work. He or she still does plenty of construction. Their benefit comes from doing volume deals with suppliers to get a lower price and to have first pick when the shipments come in. You won't have that. You also won't have leverage with the subs to get the job done with the promise of more jobs in the future. If you plan to GC then make sure you have some solid agreements about timing and condition with the subs. Good luck!