Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Rogers Smith

Rogers Smith has started 17 posts and replied 223 times.

Post: Spec House Picture Diary

Rogers SmithPosted
  • Developer
  • Covington, LA
  • Posts 224
  • Votes 124

Cost summary through framing phase $43,149:

  • Framing lumber $18,376
  • Framing contractor $15,010
  • Other costs $9,763: Builder's risk insurance, shingles, fireplace, water tap-in, misc.

Post: Spec House Picture Diary

Rogers SmithPosted
  • Developer
  • Covington, LA
  • Posts 224
  • Votes 124

Framing complete.

Post: Spec House Picture Diary

Rogers SmithPosted
  • Developer
  • Covington, LA
  • Posts 224
  • Votes 124

Post: Spec House Picture Diary

Rogers SmithPosted
  • Developer
  • Covington, LA
  • Posts 224
  • Votes 124

On to framing. Once the slab has set, we begin framing the walls and roof of the house. I use traditional wood framing now, but I am exploring steel framing for future houses.

Post: Frigidaire appliances = junk

Rogers SmithPosted
  • Developer
  • Covington, LA
  • Posts 224
  • Votes 124

@Drew Denham I have had the same type of experience with Fridgidaire. I've moved to Kitchenaid on +$400k specs and GE or Whirlpool on smaller specs. Whirlpool and Kitchenaid are made by the same manufacturer, with the former marketed to the lower market segment and the later targeted to the higher end.

Post: Spec House Picture Diary

Rogers SmithPosted
  • Developer
  • Covington, LA
  • Posts 224
  • Votes 124

To summarize the construction costs thus far:

  • Planning & Lot $57,763: Lot purchase, plans, survey, permit, closing
  • Dirtwork, undergrounds & Slab $39,896: Dirtwork, fill, forms, culvert, plumbing, diggers, termite spray, cables, concrete.

In addition, I ordered the exterior doors and windows because these items have a 2-week lead time.

Post: Spec House Picture Diary

Rogers SmithPosted
  • Developer
  • Covington, LA
  • Posts 224
  • Votes 124

@Ryan Monier thanks for the kind words. The house is in Autumn Creek. I'm not comfortable sharing the address because folks are living in the house.

Post: Spec House Picture Diary

Rogers SmithPosted
  • Developer
  • Covington, LA
  • Posts 224
  • Votes 124

@Account Closed I use a spreadsheet I developed with SmartSheet.com. I uploaded a copy of it in Excel to the FilePlace area of BiggerPockets. Feel free to check it out. The formulas don't work since converting it to Excel, buy it's pretty intuitive.

Post: Spec House Picture Diary

Rogers SmithPosted
  • Developer
  • Covington, LA
  • Posts 224
  • Votes 124

That's it for now. When time permits I will begin the framing stage.

Post: Spec House Picture Diary

Rogers SmithPosted
  • Developer
  • Covington, LA
  • Posts 224
  • Votes 124

Finally, the last step for the slab is pouring the concrete. We had to use a pump truck, which takes the concrete from the delivery trucks and pumps it throughout the forms. In some cases we will have enough room for the delivery trucks to drop the concrete directly into the forms, but not in this case.