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  1. #1

    Default Who's willing to share their experiences with 'self-managing' a new build rental?

    .

    Who's willing to share their experiences with 'self-managing' a new build rental?

    I want to download your hard won wisdom.

    I have a resource consent, lots of free time during the day, enough cash, and lots of energy to build a rental in my backyard. I am about to send out 'working drawings' to get prices for materials. I am looking for a 'labour only' builder (and can see that this will be a key relationship for the projects success).

    I think, on this PT forum I am also looking for a few 'success stories' so that I can keep my motivation even when the ride gets scary!

  2. #2
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    12,937

    Default

    Have a read in another PT thread, from about here.
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  3. #3

    Default

    Quote Originally Posted by Perry View Post
    Have a read in another PT thread, from about here.
    Thanks Perry, I did see that thread. I am hoping to meet up with someone (either in person, or just on the PT forum) someone who has 'been there and done that' and has a willingness to share some of their golden nuggets with me. I imagine there would be learnings for me to gain even if the person sharing had not done a build very recently. I am willing to travel anywhere in NZ to catch up with anyone who is willing to 'pay it forward'.

    I think the main thing I need is to run my plan to someone who can spot the obvious flaws in it, and can also affirm some of the not so obvious progress I have made so far. I am seriously also in need of hearing some 'success stories' to keep me focused and energised!

  4. #4
    Join Date
    Jan 2010
    Location
    Hibiscus Coast
    Posts
    1,507

    Default

    Labour only builder with LBP?

  5. #5

    Default

    Quote Originally Posted by Meehole View Post
    Labour only builder with LBP?
    Is that like hens teeth?

  6. #6

    Default

    Rarer.............

  7. #7
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    7,337

    Default

    I don't like labour only contracts.

    The reason is you end up spending more on and wasting more materials. Because the builder(s) doing the work have zero incentive to try and save anything. If they cut a bit of gib wrong, oh well, just throw it in the skip and get a new one, doesn't cost anything.

    Or damaged a door, or cut a beam wrong, or anything else, same thing.

    And so it's the waste I hate - more than the extra expense actually.
    Last edited by Davo36; 18-02-2017 at 12:45 PM.

  8. #8
    Join Date
    Jun 2004
    Posts
    9,502

    Default

    Quote Originally Posted by Meehole View Post
    Labour only builder with LBP?
    They exist.

  9. #9
    Join Date
    Jun 2004
    Posts
    9,502

    Default

    Quote Originally Posted by Davo36 View Post
    I don't like labour only contracts.

    The reason is you end up spending more on and wasting more materials. Because the builder(s) doing the work have zero incentive to try and save anything. If they cut a bit of gib wrong, oh well, just throw it in the skip and get a new one, doesn't cost anything.

    Or damaged a door, or cut a beam wrong, or anything else, same thing.

    And so it's the waste I hate - more than the extra expense actually.
    I suppose there will always be people who lack integrity but the lobour only guys I use are great.
    When you find good people hang onto them and treat them with respect - works for me.

  10. #10
    Join Date
    Jan 2010
    Location
    Hibiscus Coast
    Posts
    1,507

    Default

    Quote Originally Posted by Wayne View Post
    They exist.
    Yes they do.
    But I read there is an expectation that the builder (with LBP) will end up project managing the build as Happi lacks this expertise. With the added responsibility comes a higher price and most labour only builders I know just want to get in and do their bit and onto the next job.


 

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