From $9.95


Statistics

Users
Total: 32,616
Visited Last 30 days: 157
Forum Messages
Total: 20,954
Last 30 days: 37
Forum Evaluations
Total: 24,160
Last 30 days: 0
Journal Entries
Total: 5,387
Last 30 days: 5
Connections
Total: 15,243
Last 30 days: 2
Downloads
Total: 86,786

Journals

Name
httpownerbuilderbook...
7 Visits | 1 Posts | 0 Pix | 0 Videos
Packers-and-Movers Delhi, AL
249 Visits | 2 Posts | 1 Pix | 0 Videos
Best-Access-Doors Jackson, AL
51 Visits | 1 Posts | 0 Pix | 0 Videos
Concrete-Contractors...
110 Visits | 2 Posts | 0 Pix | 0 Videos
bird Springfield, MO
65 Visits | 1 Posts | 0 Pix | 0 Videos
Tanglewood Colorado Springs, CO
119,655 Visits | 1,004 Posts | 2,581 Pix | 47 Videos
Drywall-Repair-Lehi
131 Visits | 1 Posts | 0 Pix | 0 Videos
Tenants-Right-When-S... Maryland, MD
456 Visits | 2 Posts | 2 Pix | 0 Videos
ianpundt
152 Visits | 1 Posts | 0 Pix | 0 Videos
Magic-Of-The-SideSto... San Carlos, CA
477 Visits | 2 Posts | 2 Pix | 0 Videos
httpswwwfaxitfastcom... salt lake city, AL
140 Visits | 1 Posts | 0 Pix | 0 Videos
Owning-My-First-Prop... Grand Rapids, MI
238 Visits | 1 Posts | 0 Pix | 0 Videos
movers-and-packers Hyderabad, AL
229 Visits | 1 Posts | 1 Pix | 0 Videos
Investment-Propertie... Rochester, MN
276 Visits | 1 Posts | 0 Pix | 0 Videos
The-Last-Rodeo Angel Fire, NM
26,957 Visits | 271 Posts | 435 Pix | 4 Videos
E2custom
871 Visits | 4 Posts | 10 Pix | 0 Videos
draingrepairsnj
834 Visits | 1 Posts | 1 Pix | 0 Videos
1860s-Texas-rehabnew... Boerne, TX
50,282 Visits | 44 Posts | 193 Pix | 0 Videos
medicareinsurance
880 Visits | 1 Posts | 1 Pix | 0 Videos
Whiteheads-Marsh-Dom
833 Visits | 1 Posts | 0 Pix | 0 Videos
See all journals...

Current Top-Rated Posters

RatingPosts
Lance in Buena Vista, CO0.002

The Owner-Builder Book has already saved me thousands!!
Mike in Marion, OH

Try one of our new Construction Bargain Strategies for free. Coupon code: CBS. One strategy could save you $1,000 or $10,000 or maybe $50,000 when you build or remodel.


    3-6. Don’t fall for a “package plan”. - Electronic Edition

    3-6. Don’t fall for a “package plan”. - Electronic Edition
List Price: $1.99
Our Price:
$0.99
You Save: $1.00 (50%)
Word Count: 11,928


Add to cart


     Elaine and I attended a package plan presentation a few years ago at a local hotel. The package or “owner-builder plan” was a format where you are called the contractor, and the service provides materials and offers you subs from an approved list.

     After listening for a few minutes we asked a few questions and soon found ourselves attended to by the owner of the franchise who dealt with us personally to prevent contamination of the rest of the group.

     We figured out that the service made money in several ways:

They bought land in bulk and sold small parcels to participants.
They charged a fee on your construction budget, which they estimated.
The bundled the land into the budget and you paid the same 10% fee on the land you just bought and paid for.
They sold you the materials.
They provided the subs via an “approved” list. This means they extracted a fee from them, which you absorb through higher prices.
They provided standard plans, which you change only with an upcharge. The standard plans cost very little to produce, and enhance the standardization of materials for greater profit.
They procure financing for you, and receive commissions from lenders, as well as interest for your funds on deposit.
They allowed you to choose your own outside subs, but they had to approve them, which means they extracted a fee from them to continue being “approved”.
They even charge you a fee on the work you may do yourself, because, this is part of the overall “scope of work”.

     They reluctantly specified savings for participants as being in the “15% range” versus contractor-built homes. Since we’ve learned that the average owner-builder saves 35%, there is 20% taken off the table by the package plan. On an average custom O-B project, more than $100,000 of the owner-builder’s equity. Owner-builder T.J. Cox came to his own conclusions about this:

     “It would be a decent program for someone who had absolutely no experience in building or project management. They provide lots of material requirements, budgeting, scheduling and so on. For a price of course; their fee was going to be $13K, which would be reasonable, I thought, for all the work they would be doing. I just decided that I could do everything they proposed just as well and would save the $13K.”

Other customers who purchased this also purchased:

nbspnbspnbspnbsp922-Invent-a-service-you-can-barter-out-Electronic-Edition
$0.99
    9-22. Invent a service you can barter out. - Electronic Edition
nbspnbspnbspnbsp739-Brick-smarts-Electronic-Edition
$0.99
    7-39. Brick smarts - Electronic Edition
Ten-Commandments-of-Owner-Builders-IV-How-to-Create-Your-Written-Schedule-on-MP4-for-portable-devices
$9.95
Ten Commandments of Owner-Builders IV. "How to Create Your Written Schedule" on MP4 for portable devices
nbspnbspnbspnbsp43-Hire-a-design-teacher-or-student-Electronic-Edition
$0.99
    4-3. Hire a design teacher – or student. - Electronic Edition
nbspnbspnbspnbsp251-Tile-or-hardwood-directly-over-concrete-Electronic-Edition
$0.99
    2-51. Tile or hardwood directly over concrete - Electronic Edition
nbspnbspnbspnbsp631-Recycle-your-demolition-Electronic-Edition
$0.99
    6-31. Recycle your demolition. - Electronic Edition
nbspnbspnbspnbsp542-Warehouse-sale-at-lighting-company-Electronic-Edition
$0.99
    5-42. Warehouse sale at lighting company - Electronic Edition
nbspnbspnbspnbsp134-Build-twice-Electronic-Edition
$0.99
    13-4. Build twice. - Electronic Edition
nbspnbspnbspnbsp1214-Geothermal-from-a-pond-or-well-Electronic-Edition
$0.99
    12-14. Geothermal from a pond or well - Electronic Edition
nbspnbspnbspnbsp15-Buy-land-for-back-taxes-or-at-auction-Electronic-Edition
$0.99
    1-5. Buy land for back taxes or at auction. - Electronic Edition
Copyright 1997-2020 Consensus Group Inc.