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There are some people that build their own home and act as their own General Contractor, but this is not for the weak of heart. In fact, there are quite a few duties involved as a General Contractor besides just lining up the cheapest sub-contractors to build your home. Many people that have had experience in the construction industry might not have as difficult time as the average person.

Not only is control of labor and material costs important, but timing of the sub-contractors and building inspections, payment of vendors and release of mechanics liens, along with construction loan requirements can be mind-boggling for many people that try this.

If you plan to be your own General Contractor, when building your home, you first have to consider subdivision by-laws and building codes and ordinances. Licensed plumbers, electricians and foundation companies are only part of the work force you will need to get bids on. Many experienced General Contractors have worked out volume discounts with these sub-contractors and they have a schedule that gets your home built quicker and in accordance with local ordinances, which they already know.

When you consider all there is to know about building a home, this might be worth the extra cost and you might actually save money when you consider material discounts that might be passed on to you. Many homeowners that decide to tackle the General Contractor role have not thought the entire process through. In fact, if you don’t know what you are doing and pick the cheapest contractors, it could actually cost you more money in the long run, if you have to re-do crucial systems to pass building inspections. In addition, the delays could cost you additional interest on constructions loans, additional payments on rental housing and other costs you haven’t thought of.

Being a General Contractor takes somebody that has the time to keep an eye on the workers, bid the jobs, collect invoices, and keep track of materials, line up deliveries and many other things. Unless you have plenty of vacation time, your lost wages would pay for a General Contractor to do the job correctly and save you a lot of headaches. Some homeowners think that it will help them have the home built exactly the way they want, but you can still closely monitor the progress. Some contractors will let you do some of the work yourself, if you want, such as painting or landscaping to save money.

The important thing to think about if you want to be your own General Contractor on your new construction home is that you understand what you are getting into. Once you get started, it can be difficult to turn this job over to somebody. It is important that you do some research and check references on a reputable and reliable General Contractor and get everything in writing. You can still monitor the progress, even if you hire a General Contractor, but it will save you a lot of headaches, time and money in the long run.

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