Dave Ramsey's Guide To Building Your Own Home

Wait, I thought I was the builder

How cool, I have a background in construction, have a small construction company, and just recently got my Realtor license. Definetly gonna take advantage of this. Lol

Wow, assuming all Architects “went to art class and don’t know how to build anything”. If that’s the kind of Architect you’ve hired, fire them and pay for a professional with relevant experience. They should be your advocate with selections too. You get what you pay for. Ironically, IME you should definitely ask yourself this same question about the builder (like he says at the end).

I'd love to hear Dave's thoughts on how Jefferson was indecisive with his building and the debt he ran up.

How about starting with the reports you need to build like the site map and topo. This is just gossip

Haha, love dave ramsey. We started buiding our own house but we plan on taking 5 years to do it. Due to cost, time and othe responsibilities. But we have the house plans, land, we are putting in the well soon. We are slowly designing and make sure it has what we want. Less changes or no changes thats my goal.

building your own home...1ST pay someone to do it...??? wtf??

This is just project management 101.

I just want a simple house, I want a roof over my head and stop paying rent that makes my money flushed in the toilet.

Currently 19 here. How much in terms of USD do you need to get a project like this rolling?

I’ve built two of my 4 properties for less than HALF of the market value, this is actually a great way to get things done affordable if your savvy and good at problem solving

Awesome video. I just secured some land and I’m starting my planning process. I’m wondering if there is a place to look at the blueprint, schedule, budget and so on.. I don’t know know to make a schedule when I don’t even know what I’m scheduling haha. Any help is appreciated!

I'm happy to say that even though I didn't pick out the exact materials ahead of time I never had to change anything, but I do wish I had made the builder adhere to a schedule, but in my case I'm not sure it actually would have helped much.

My project was one born out of no longer having the income to sustain the rental property we were living on due to the passing of the main breadwinner of the family, one of the very earliest casualties of Covid in Feburary of 2020. Used the small life insurance and big chunk of my inheritance to have a 550ft efficiency apartment built on the land of the house I was now living with my grandmother, which was only a 2 bedroom home built in the 40's which now three people were living in...

Because of the timing of the construction, however, schedules were completely out of the window because of availability of parts and materials. I had to wait 4 to 6 months just for glass because it was literally impossible to get in my area due to the pandemic and the amount of construction and window replacements that were already underway in my area. My builder, at the time of building my little house, was also working 14 other projects at once, and he's a damn good builder but he was in incredible high demand, which meant we got put on the back burned a bunch of times in addition to the issue of material availability.

Material shortage was so bad I was having to wait a significant amount of time on amazon for even just normal door handles and basic stuff like that, not to mention the lumber was not only in extremely short supply at the time but a single pylon of lumber was up 3x the price of what it would have normally been in other circumstances.

It took a year and a half to two years to have it built, inspected, and moved in on a project that probably should have been done in 6 to 8 months.

It was a nightmare, but I'm glad I'm here..

Budget blueprint schedule

I love when Dave rants " Make sure they ont do omething stupid because they went to ART Class" HAHHAHA

I don't like to over spend to sticking to the budget and NOT changing one single thing to possibly make me go over budget is not something I want to do. Also I love the idea of sitting down with the builder once a week.

If you're hiring a general contractor or builder, you are not "building your own home"

This is the best attitude advice to send to my dad, I hope he sees it when I send it

Lol get you dagum flooring budget back in line. Loved it.
Thank you for this step by step i appreciate it so much! Im bad at decisions so ill work on that for sure.

The problem with ramseys approach is he requires a BIG TIME building company. Probably charging you 50% mark up.

Make sure to use building practices to prevent mold and use non toxic materials.

So if not getting a loan and I have my lot will I still need a realtor? When we go pick and get everything will I get builders discount if I pay for things and not the builder? 😊

for u it is just a house......for some it is a dream

Where’s my daggum trim carpenter!

As a house designer I agree with most of this. I am not an Architect, just a guy with 16 years under my belt. I design to the budget.
Get good plans and don't make changes during the build.

Great advise Dave!

I’m so confused. If you are building a house aren’t you the builder? This entire video is about working with a builder…

Excellent!

why are you so angry

Both times I dealt with an ELP recommended agent (first was insurance, second was a real estate agent) I was incredibly disappointed about the service they provided. or rather didn't. This was a while ago but I'll never use an ELP recommended individual again.

trash

Smart builders are Spec builders.

Hi! Should we have a separate bank account to disburse funds to the builder?

This was so, so helpful.

I interpret building your own house as you buying your lumber, swinging a hammer and building the dang thing with your own two hands, not hiring someone to do all that for you. The video needs to be re-titled.

Failing to plan is planning to fail!

Great advice Dave.

This video is meant for a different crowd, not what I was looking for but thanks

Money. That’s what you need. Then it’s all about what you want.

Great!

I'm just going to say it, good advice but the way this man communicates kinda kills me. The amount of entitled customers who I've seen feel entitled to speak to me like this gives me a shiver up my spine.

What if I build everything myself and don't hire anyone?

"I mo killer" lol

What a blowhard.

I’m a production home builder and used to work in the custom home business. Now looking to build my own house and about to get my residential contracting license. Hearing Dave talk about change orders and how you the homebuyer should conduct yourself was so refreshing. Find a builder you trust, and trust them to handle the process. Starting to go grey at 27 but I’m still loving my career choice in building.

Prepare prepare prepare

Oh that hinges worked this way in this crazy season we are in.

Sure do miss Chris!