a business partner and i would like to build a spec home in a new development going in soon outside of town. right now we are talking through the idea, but having never done this it would help to here from someone who has. thanks jsr
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Well, ya know I can't leave this one alone. Read the Spec House from Hell thread.
Also - Search on the word "spec" and you'll come up with all sorts of threads on the subject.
Gentlemen, I am now your Commanding Officer. Those who support me I will look after. Those who go against me I will break. Good afternoon, gentlemen [Winston Churchill]
you cannot make money on a single spec home, profit margin is so low. More than one needs to be build so labor and material will overlap. For profit on single home, custom be a better choice.
i will check out the info, bosshogg and thanks for the lead.
brownbagg, starting more than could be a tough sell at the bank w/ this being our first try.
thanks fellows jsr