Triangle Construction Management Co., Inc.
Call us at: 919-228-8482
The Experts the Experts Call
Owner-Builder
Thinking of building a new custom dream home or maybe renovating your existing home? We have a proven way to build a better quality home for less money by having you as the general contractor. With you being in total control and our proven tools and methods you can build that dream home you have always wanted.
Worry about financing in these times? We are in the process of teaming up with one of the leading banks to offer financing. True, recently financing is not as easy to get for owner-builders, but with a proven schedule, accurate estimates and a proven method the banks are still lending. Let us show you how.
For a brief Presentation of our method click on the link above.
Building your own dream home can be an awarding experiences and one you will be proud of for the rest of your life.
For an interesting article of what you could save read the article below.
R.S. Means Company, Inc., a leader in estimating books and software, says that general contractors charge an average between 10% to 15% profit on each project they build. Our own survey of general contractors found a 14% average stated profit.
This would constitute a real opportunity for savings. If you could build for 20% off on a $300,000 house, you could save $60,000. Not bad tax-free money just for eliminating the middleman. But it could be much more. When you eliminate the general contractor, you eliminate his profit AND his overhead. Together overhead and profit are called margin. In the retail world, it's called markup. Usually the overhead is a far bigger piece than the profit.
So how much is a builder's overhead? R.S. Means Company, Inc. reports an average of 32%. In our survey, general contractors reported an average of 28% overhead. This covers all the costs of doing business from equipment and taxes to salaries and insurance, etc. This, too is eliminated when you act as the contractor. At 15% for profit, and 25% for overhead, you now have 40% or $120,000 on a $300,000 house. Now you're talking some serious money! But you must consider that you will have some "overhead" too, when you build, like some insurance costs. And you may be unable to match the direct costs for subcontractors and materials that contractors pay.
But we think you can come close. If you buy smart and take advantage of unique bargains, you have a chance of spending even less on direct costs than an experienced general contractor. And what you save you get to keep.
The Big question is how to manage the construction efficiently. That is where we come in. We can show you how to manage the building of your new home.
Give us a call at 919-228-8482 or email us today for a free review of your project.
