A modern-home-plan of a home-built4u, was begun in 2006 when we began building our own home. I have not changed the figures and costs herein stated to reflect the costs of today (2010).

Your own home can generally be paid for completely in just 3 house-builds, with you acting as the owner builder (general contractor).

By being the GC yourself and doing the work of a GC you can pocket around 33% per house-build on a modern-home-plan . In just 5 years, and 3 homes, you can profit sufficient to own your house free and clear of any mortgage.

This website will give you some of our experiences that we encountered while building our first home. Hopefully you can benefit by not making some of the somewhat costly mistakes that we made in building our first house. Perhaps you can avoid some of the pitfalls that often happen, by being more informed.

By you being the owner builder, you live in your new home for 2 years, and begin your second home the second year. By selling the first home, you profit around 30-40% or more, which reduces the amount to finance on your 2nd home. You live in your second home again for 2 years, or whatever your states' law requires, and repeat the process for a total of 3 homes - built for you.

A home-built4u to own is something most people would like, but many people think they can't do it because they aren't qualified, or don't know enough to build their own modern-home-plan, and worst of all don't have any money.

Being the General Contractor

By this time, I expect you may be thinking, “but I don't know anything about building a home” or being GC You may say “I don't know anything about even framing a home.”

This isn't about YOU DOING THE WORK. It's about you being the general contractor. The subcontractors know their job. From excavator to cement contractors, then plumber in all it's phases, to framer and electrician, and drywall contractors. This site will help you know the basics of building your own home. If you get good subs, you just follow them through to completion and make sure they follow the plans, and right before your eyes, your modern-home-plan becomes a reality.

The “General Contractor” often never picks up a hammer. He is the brains of the operation. He organizes, makes appointments, hires, fires, orders materials, manages the subs and pays them. He makes it all happen.

You can do that too

Wow, when I realized this I said, “I can do that too.” I am a mother of 9 children, crazy as it sounds, with no building experience (and that's even crazier), but my husband has had some experience building a garage, an apartment in the basement, installing doors, etc.

We decided to jump in with both feet and get more than our feet wet. Our kids thought we were going to drown cause we were in “way over our heads.” I think they thought we were going to lose all that money we didn't have.

This is the house that we built

Suffice it to say, we successfully built our wonderful 1800 sq ft rambler. My husband, RL, says “This is the modern-home-plan that Linda built.” Of course, I say it's the house that RL built, but truly I did orchestrate the entire show.

Did you realize that most General Contractors net about 58% profit? Granted, they have overhead, and other business expenses. The 58% profit is after paying all the subcontractors their wages, and after paying for the materials, but it is before rental of their vehicles, insurance, bonds, workman's comp, advertising, and other fees. Hence, the General Contractor will claim he only makes 12-18% profit on building a home. The rest stays in his business.

YOU Be the General Contractor on your own home and earn up to 42% per home.

For you and me, as owner/builder, acting as our own general contractor in building a modern-home-plan, we can build our own home and in many cases, by following the guidelines mentioned herein, generate at least 42% profit on each home. In just 3 housebuilds, and approximately 5 years, you can own your own home and only have to worry about taxes and insurance from then on. No house payment each month!

NOTE: It may take 4 housebuilds, if you are paying off debt with the first build and of course, the length of time before you own your home-built4u depends upon the price of materials and land prices plus how the real estate market is in your area.

I have recently added a special section to my website on recipes using vegetables and fruits grown in your own home garden. You may enjoy trying some of our favorites. www.home-built4u.com/garden-vegetables-recipes.html or click near the "vegetable recipes" near the bottom of the Nav Bar on the side.