@@stephenlloyd7864 I unlocked the secret to get more people to comment on my videos

@@brandon-built People love correcting typos lol touché

Not in the U.S. unless it's a very small home or you do 100% of the work yourself. Gotta consider the land and soft costs as well.

Not much besides a concrete patio in the backyard. The natural forest landscape is already pretty perfect, so there wasn't much to do.

We would have loved that but our budget didn't allow

@@robertgonzalez8419 not a chance in this neighborhood. The average existing home is well over $1.5M

Yea it can't go on like this. We need more homes

Choosing between a well and a local water utility supply for your water needs depends on several factors. Here’s a comparison. ### **Well Water** **Pros:** 1. **Cost-Effective:** Once the well is drilled and operational, you typically only pay for maintenance and electricity to pump the water. 2. **Quality Control:** You have direct control over water treatment and can address issues specific to your well. 3. **Independence:** You are not dependent on the municipal water supply, which can be beneficial in areas with frequent water restrictions or supply issues. 4. **Natural Taste:** Well water often has a natural taste that some people prefer over treated municipal water. **Cons:** 1. **Initial Cost:** Drilling a well can be expensive. Costs vary widely based on depth and location. 2. **Maintenance:** Wells require regular testing and maintenance to ensure water quality and system functionality. 3. **Risk of Contamination:** Potential for contamination from surface pollutants, septic systems, or agricultural runoff. 4. **Variable Supply:** Water availability can be affected by drought or seasonal changes. ### **Local Water Utility Supply** **Pros:** 1. **Reliability:** Generally provides a consistent and reliable water supply. 2. **Regulation:** Subject to stringent quality controls and regular testing to meet safety standards. 3. **Convenience:** No need to worry about maintenance or potential issues with water levels. 4. **Infrastructure:** Often comes with established infrastructure, making it easier to connect to existing plumbing. **Cons:** 1. **Cost:** Monthly bills can add up, and rates may increase over time. 2. **Quality Concerns:** Depending on the area, there may be concerns about the quality or taste of municipal water. 3. **Dependence:** You rely on the municipality for your water supply, which can be problematic during water shortages or infrastructure failures. 4. **Restrictions:** Subject to local water usage restrictions, especially in drought-prone areas. ### Decision Factors: 1. **Location:** If you live in a rural area, a well might be more practical. In urban or suburban areas, connecting to the local water utility might be easier and more reliable. 2. **Cost:** Consider the initial and ongoing costs associated with both options. 3. **Water Quality:** Research the quality of both well water and municipal water in your area. Some regions have excellent municipal water, while others may have issues. 4. **Regulations:** Check local regulations regarding well drilling and water usage. 5. **Personal Preference:** Consider your preferences for water taste, control over water treatment, and independence from municipal services.

@@milesdyson5211 assuming your lender allows it...your loan would be for 300k and you wouldn't have to put any money as a down payment

@@lassewestvanghougaard4856 I didn't have 1.1M in cash that's for sure. I got a construction to permanent loan with zero down payment.

I’m wondering how the GC stays in business. It makes no sense to me

@@josegimenezroca4220 volume

The general answer is Yes if you live in California, but it still depends on your local regulations. It could be harder to finance if you aren't paying cash.

🙏

Umpqua

"used to" 🤔

Not because of KZbin, but I may be able to accelerate depreciation on a portion of the cost because it's a short term rental that I manage

@@brandon-built@brandon built Beautiful house! Unfortunately, I can relate to the high costs because I live in San Diego.

Thanks 😁

Maybe Los Angeles is cheaper than Las Angeles

@@brandon-built could be! LOL!

I could sell it in a pinch if I needed to. It's our lake house that other people are paying off for us. But to your point.. now that we have a vacation house, I wouldn't build a second one. I would invest in something more passive with a better return.

Indeed, talking to a construction financing specialist is always the best first step to figure out your available options.

Thanks 🙏

5k for mirrors goddamn

Tahoe is just different. IYKYK

That's a good argument. But the state run insurers are even more expensive than the for profit companies

😁

Are you buying a load of it?

@@brandon-built yes

@@SigmaGamingLLC I just sold a fat wad of mine. It's a great way to open your friends circle.

I hope you can make it a reality!

Tahoe is just different. Saved $500k by building new.

Yes! My contact info is on my channel page, thanks!

You're telling me!

I should misspell stuff in all my videos. It really gets people to comment

Thank you! 🙏

Same. Prices are a lagging indicator. We'll see how prices respond in the June, July, and August reports.

Thank you! Cheers!

You're living the dream! Have you acquired any new properties in the last year?

@@brandon-built Nah, I’m just sticking with this one for now.

Supply and demand. China went opposite California and overbuilt. I've spent a decent amount of time in China and seen 10 entire concrete apartment buildings just empty in one city.

I figured most people wouldn't be in a position to be able to pay all cash, but I'm not against it by any means

They still do for multi-family homes, but not single-family

Pretty much.