The Real Build

98. What To Do When Building A Custom Home Part 1 - Before The Build


Listen Later

In this episode of The Real Build, I wanted to discuss what a customer should do when building a custom home.  This will be a three-part series highlighting before, during, and after a build and what customers need to do.  In this episode, I cover before the build.  Some topics I cover are the following.

Financing - Must get this lined up - takes time - Plans - contract - Get initial paperwork done.

Lot selection - Get a builder's opinion - Finding a builder before purchasing a lot is excellent. I get customers lots all the time. I look at the dirt, seawalls, animals on the lot, set back restrictions.

Budget - Have this in mind - Starting with the lot and then home. How much do you have for both? Plan on having a little more to spend than what you initially think

Floorplans - Look at a variety of floorplans and pick elements you like from each. A custom builder can add all elements you want

Look at model homes, Builder portfolios, Pinterest, Houzz, parade of homes, Sand dollar awards.

Meet the team - Are the builder's team people you will be comfortable working with? How do they all work? What is there process of each person?

Timeline - Need to ask your builder for a rough timeline - 18 months to build a home need to know when selections need to be made. A rough idea of stages. The idea of payment structure. Selling a house have a plan.

Architecture/design - Is the builder involved in this process? Is there a designer? They should be engaged at the blueprint stage.

Know what you are getting - features list - ask a lot of questions - all about details. What is behind the walls? No blind spots do as much research as possible but ask ask ask. 

Review contract - hire a local attorney to review. Ask questions and state your concerns.

Know the permitting process and what to expect.

The series will be scattered a little, so the next part I will cover during the build.  That part will be launched in a few weeks

Host Info

CONNECT WITH ME ON SOCIAL MEDIA:

▶︎ YOUTUBE | https://www.youtube.com/channel/UCxAdSxHN0dIXZPhA-6p1HYA 

▶︎ INSTAGRAM | https://www.instagram.com/imbillreiman

▶︎FACEBOOK| https://www.facebook.com/billy.reiman 

▶︎ LINKEDIN | https://www.linkedin.com/in/bill-reim...

▶︎ TWITTER | https://twitter.com/ImBillReiman

▶︎ WEBSITE | https://www.rkreiman.com

...more
View all episodesView all episodes
Download on the App Store

The Real BuildBy Bill Reiman | @ImBillReiman

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

69 ratings


More shows like The Real Build

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,730 Listeners

REAL AF with Andy Frisella by Andy Frisella

REAL AF with Andy Frisella

391 Listeners

The Skinny Confidential Him And Her Show by Lauryn Bosstick and Michael Bosstick / Dear Media

The Skinny Confidential Him And Her Show

14,987 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,012 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

615 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,831 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,927 Listeners

10-Minute Food Truck Training by Bill Moore

10-Minute Food Truck Training

29 Listeners

The Economics of Everyday Things by Freakonomics Network & Zachary Crockett

The Economics of Everyday Things

1,654 Listeners

Life Beyond the Briefs by Brian Glass

Life Beyond the Briefs

41 Listeners