How to Start a Home Building Business ($840K/Year)

Описание: There is a MASSIVE NEED for Custom Home Builders because there is a shortage of houses. People have money and they want to build the home of their dreams. Here is how you can take advantage.

How much does it Cost:
Website and formation: $500
Marketing: $20K
Home Blueprints: $10K
Insurance: $5k
START UP COST: $35,500

HOW MUCH CAN WE MAKE/CASHFLOW
Gross Profit: 20% - Net Income 10%
Average Custom House: $700,000
Average Profit: $140,000 – Net Income: $70,000
Average Home Construction Time: 10-12 months
LONG TIMELINE FOR MONEY.
6 Houses a Year: Profit: $840,000 – Net Income: $420,000

Positives of this business:
SUB out 100% of building. Manage job site.
Minimal employees.
profitable business.

Think of ways it will fail:
Sales/ Marketing/Networking – Not getting contracts to build houses
Quality: Having great looking houses.
Managing Job/Subcontractors – Find good subs.

Legal Up
LLC
Insurance
Subcontractor agreement.

Commit to Starting

#homebuilder #contractor #construction #constructionlife #building #businessideas #businessidea #entrepreneur #entrepreneurship