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  • May 22, 2008 at 12:09 PM #12819
    ironman
    Participant

    Being lurking on the forum for a couple of years …
    My hat off to all the contributors for “staying ahead of the curve”. Many people I see here should run for congress 😉 then we won’t be in that mess!

    Anyway here is the thing : Why not build your own house???
    1. Buy big chunk of land (1 acre+) for some reasonable price (150-200K)
    2. Hire your own people to build (not contractors)- maybe family , of course they need to be profesional builders like the illegals that build those brand new houses 😉
    3. Get off the shelf plan – I would assume that even hiring an architect will not be very costly nowadays
    4. Buy high quality materials
    5. Build the house – should not be very hard considering in other parts of the world they build with bricks and cement

    The advantages
    – high quality
    – custom design
    – hugh land
    – no mello roos
    – instant equity – from saving builder profit

    I believe that builder profit margin is at least 30-40 maybe even 50%

    And how hard can it be to build a house – illiteral/illegals do it why not people of higher intelligence

    Any thoughts ???

    May 22, 2008 at 12:29 PM #209806
    surveyor
    Participant

    wishful thinking

    If you think building a house is this simple, you will be in for a rude awakening of biblical proportions when you start doing it.

    I have two words for you: “development fees”. If you think that the county or city will allow you to build a house without you paying them, you’re dreaming. Also, as part of your plans, you will probably be required to install and pay for certain things like

    a) Improved road
    b) Sidewalk
    c) Street lights
    d) Drainage fees
    e) Traffic fees
    f) the list goes on and on

    When you go through the process, you will then be fully educated on why houses cost so much here (pre-bubble).

    May 22, 2008 at 12:29 PM #209874
    surveyor
    Participant

    wishful thinking

    If you think building a house is this simple, you will be in for a rude awakening of biblical proportions when you start doing it.

    I have two words for you: “development fees”. If you think that the county or city will allow you to build a house without you paying them, you’re dreaming. Also, as part of your plans, you will probably be required to install and pay for certain things like

    a) Improved road
    b) Sidewalk
    c) Street lights
    d) Drainage fees
    e) Traffic fees
    f) the list goes on and on

    When you go through the process, you will then be fully educated on why houses cost so much here (pre-bubble).

    May 22, 2008 at 12:29 PM #209905
    surveyor
    Participant

    wishful thinking

    If you think building a house is this simple, you will be in for a rude awakening of biblical proportions when you start doing it.

    I have two words for you: “development fees”. If you think that the county or city will allow you to build a house without you paying them, you’re dreaming. Also, as part of your plans, you will probably be required to install and pay for certain things like

    a) Improved road
    b) Sidewalk
    c) Street lights
    d) Drainage fees
    e) Traffic fees
    f) the list goes on and on

    When you go through the process, you will then be fully educated on why houses cost so much here (pre-bubble).

    May 22, 2008 at 12:29 PM #209925
    surveyor
    Participant

    wishful thinking

    If you think building a house is this simple, you will be in for a rude awakening of biblical proportions when you start doing it.

    I have two words for you: “development fees”. If you think that the county or city will allow you to build a house without you paying them, you’re dreaming. Also, as part of your plans, you will probably be required to install and pay for certain things like

    a) Improved road
    b) Sidewalk
    c) Street lights
    d) Drainage fees
    e) Traffic fees
    f) the list goes on and on

    When you go through the process, you will then be fully educated on why houses cost so much here (pre-bubble).

    May 22, 2008 at 12:29 PM #209957
    surveyor
    Participant

    wishful thinking

    If you think building a house is this simple, you will be in for a rude awakening of biblical proportions when you start doing it.

    I have two words for you: “development fees”. If you think that the county or city will allow you to build a house without you paying them, you’re dreaming. Also, as part of your plans, you will probably be required to install and pay for certain things like

    a) Improved road
    b) Sidewalk
    c) Street lights
    d) Drainage fees
    e) Traffic fees
    f) the list goes on and on

    When you go through the process, you will then be fully educated on why houses cost so much here (pre-bubble).

    May 22, 2008 at 1:50 PM #209887
    NotCranky
    Participant

    I am illiteral. I have built my own house without the help of illegals. I don’t think you are “Ironman” enough to do it.

    May 22, 2008 at 1:50 PM #209953
    NotCranky
    Participant

    I am illiteral. I have built my own house without the help of illegals. I don’t think you are “Ironman” enough to do it.

    May 22, 2008 at 1:50 PM #209984
    NotCranky
    Participant

    I am illiteral. I have built my own house without the help of illegals. I don’t think you are “Ironman” enough to do it.

    May 22, 2008 at 1:50 PM #210003
    NotCranky
    Participant

    I am illiteral. I have built my own house without the help of illegals. I don’t think you are “Ironman” enough to do it.

    May 22, 2008 at 1:50 PM #210037
    NotCranky
    Participant

    I am illiteral. I have built my own house without the help of illegals. I don’t think you are “Ironman” enough to do it.

    May 22, 2008 at 2:04 PM #209912
    ironman
    Participant

    Good points!
    I figured there mist be something

    Still , if a builder puts custom design house for 1 mln and cover those expenses AND turn a profit , why should not a person do those same things and end up with a cheaper (20 -30%), higher quality houise ?

    I know people that have done it.

    What are we paying the builder for : knowhow ? knowledge how to navigate through county/city laws net, ready product that we are too lazy to put together ourselves?

    I am surprised that people that saw through the bubble and are waiting on the sidelines , are not willing to take a step further!

    I did not say it is simple , however it is closer to making a meal that say building a bycicle. On one you can make it yourself from raw ingredeints cheaper that the institution (much higher quality) while the other is cheaper to buy than to make.
    Dealing with the city is its own issue which has to be researched in details

    May 22, 2008 at 2:04 PM #209980
    ironman
    Participant

    Good points!
    I figured there mist be something

    Still , if a builder puts custom design house for 1 mln and cover those expenses AND turn a profit , why should not a person do those same things and end up with a cheaper (20 -30%), higher quality houise ?

    I know people that have done it.

    What are we paying the builder for : knowhow ? knowledge how to navigate through county/city laws net, ready product that we are too lazy to put together ourselves?

    I am surprised that people that saw through the bubble and are waiting on the sidelines , are not willing to take a step further!

    I did not say it is simple , however it is closer to making a meal that say building a bycicle. On one you can make it yourself from raw ingredeints cheaper that the institution (much higher quality) while the other is cheaper to buy than to make.
    Dealing with the city is its own issue which has to be researched in details

    May 22, 2008 at 2:04 PM #210009
    ironman
    Participant

    Good points!
    I figured there mist be something

    Still , if a builder puts custom design house for 1 mln and cover those expenses AND turn a profit , why should not a person do those same things and end up with a cheaper (20 -30%), higher quality houise ?

    I know people that have done it.

    What are we paying the builder for : knowhow ? knowledge how to navigate through county/city laws net, ready product that we are too lazy to put together ourselves?

    I am surprised that people that saw through the bubble and are waiting on the sidelines , are not willing to take a step further!

    I did not say it is simple , however it is closer to making a meal that say building a bycicle. On one you can make it yourself from raw ingredeints cheaper that the institution (much higher quality) while the other is cheaper to buy than to make.
    Dealing with the city is its own issue which has to be researched in details

    May 22, 2008 at 2:04 PM #210028
    ironman
    Participant

    Good points!
    I figured there mist be something

    Still , if a builder puts custom design house for 1 mln and cover those expenses AND turn a profit , why should not a person do those same things and end up with a cheaper (20 -30%), higher quality houise ?

    I know people that have done it.

    What are we paying the builder for : knowhow ? knowledge how to navigate through county/city laws net, ready product that we are too lazy to put together ourselves?

    I am surprised that people that saw through the bubble and are waiting on the sidelines , are not willing to take a step further!

    I did not say it is simple , however it is closer to making a meal that say building a bycicle. On one you can make it yourself from raw ingredeints cheaper that the institution (much higher quality) while the other is cheaper to buy than to make.
    Dealing with the city is its own issue which has to be researched in details

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