So You Want To Build A BARNDO? - Part 2 - BUDGET
HTML-код
- Опубликовано: 20 фев 2020
- Let's sit down and talk a little bit about how we went about our budget and some costs that were associated with it. Leave a question or comment down below!
Like a copy of the Excel Sheet? Get it here: docs.google.com/spreadsheets/...
Tha is for leaving a copy of that spreadsheet. Solid of you.
Glad to help! Crazy to see how much numbers have gone up.
Wow! I’m so glad I stumbled on your video! We’re getting ready start the process of buying land and building a barndo.... I’m embarrassed to say that I haven’t thought about all the planning.. thanks for the eye opener! God Bless y’all!
Great video with lots of good advice. My wife and I are doing a lot of research into building vs. buying an existing home and this was very helpful. I realized that we're not quite ready to take that step after watching this.
Finally a video that explains it all! Thank you so much brother
Thank you so much for the info. Also is awesome that you designed the house with the intent to foster or adopt children!
Thanks man! This has been the most helpful barndo planning video I've found. Cool that you are in OK too! Hopefully you guys got yours done before inflation / supply shortages. I'll be checking the rest of your videos to find out 👍
Thank you. EXTREMELY helpful!
So helpful! Thank you so much for making this video!
Thank you so much for sharing the spreadsheet template. Thanks for the explanation.
Great video!! Well done and thank you
Great job describing the budget process. I want to get that google budget planner.
I wish you the best on the build. That's awesome you want to fill your home with kids. I can't wait to see the building begin.
Thank you, so much great information I do realize now that I am not quite in the position that I need to be into to start this project that I have almost started.
Awesome information! Thank you
Thank you so much for sharing just opens my eyes to what to do and where to start be blessed 0:) we got this YES!
Thank you for this video!! Your budget is incredibly helpful!
You’re welcome glad to help!
THIS WAS SO HELPFUL
We use excel that is also shared Like google sheets. Ill figure it out later, great advice to avoid this! Budget on the low side, crazy talk. For a young dude, you are very sensible, well spoken. Pay somebody to do it, if you are not ready to do it yourself. 20% overage sounds like a reasonable amount. Wow, dream to foster or adopt a bunch of kids, didnt see that coming. Don’t spend your money until you are ready. Fortunately, i have a buddy who is doing a private finance mortgage for me. I downloaded the spreadsheet, but would love to see one with the actual numbers. Larrry
Hey Larry - it was a few years back and we came in under budget and was great! But then it burnt down and we had to rebuild it for almost double the cost…..
Thanks for sharing!
Cool! Teach them (the people building) how to budget. So few know how. My hubby knows accounting inside and out and makes our buildings.We budget it! He gets prices from all we need and gets it when we have the money! We have 2 small buildings going up this spring.
Hello hey wow now thats was very helpful and I wish you the best on your new 🏡
Great video!
Hey man this is the first video I’ve looked at. Been thinking about it for a while and ready to start planning. I’m in OKC 🤙🏼
fellow okies always welcome here!
Part 2 was even better than part 1👍👍
Excel is shareable where everyone can work and view on same document at the same time.
I Posted this video to a barndominium group on Facebook hope it helps build the channel keep up the good content and congratulations on the new baby.
Thank you!
I too live in Oklahoma and was thinking of going the barndominium route but now I'm not so sure lol.
What your talking about makes sense. I know just to gut a bathroom was a pain. It’s done and I’m loving it. One other thing I would add is find a trustworthy contractor, painter ect. There are so many dishonest people out there. They take your money and never finish the job.
Agree! Got to have people you trust!
Budget is SOOO important! Make sure you get all your questions answered before you start building.
We just made a *Barndominium FAQ page* to try to help answer the most common questions, Please check it out and let me know what you think.
Also, if you have any questions we didn't address, please ask them, and I'll find the answer for you! payne-acres.com/barndominium/barndominium-faq/
Always be careful taking the lowest bid as well, I am a project manager for a large civil construction company and I have seen it in residential construction as well. Sometimes companies don’t understand how to bid work and bud something low. Then they get the job and get halfway through it and realize they will lose money. The next thing you know they either don’t want to finish or give you a lower quality. I lived this nightmare when I hired a contractor to side my house. I was too busy to do it and I picked the lowest company and spent 40-50 hours fixing their mistakes.
Oh we lived it with our painters unfortunately! Live and learn - cheapest bid is not always the best bid!!!
Enjoy the videos thanks. Wondering if you could share your completed worksheet. You can remove the companies just curious of your cost estimates.
You gave a lot of really great information that I think anyone can use for wanting to do a barndo build! Where or how did you guys find the floor plan you wanted? Did you use your own designer or did your builders have a plan you picked?
We designed it in sketch up!
Hey it gets better on the stress pay what you can’t do
I'm a project manager and an electrician, so I'm hopeful I can pull this off.
You can do it! If I can anyone can
I love this video. I've fallen in love with Barndominiums. I'm on on disability, and and wanted to know if there is a help from the government to provide services to people like me. I don't want a massive barn, just a regular size barn to build out. And live in. I would love to speak with you in a more detailed conversation.
This was such a helpful video! Now have y’all already bought the property or do you have that worked into you loan?
We already had our property but it is possible to work into a loan.
Love your video! Would you consider sharing you Google sheet so my husband and I can use? We are in the beginning phases of this process and it would be a huge help!
You can go to the link in the description and “make a copy” and there you go!
Oh. I want one, but the land cost alone on my budget---scary!
Great information on building. I’m retired now and wish I would have known what I do now back 50 years ago. Another option is build 1/2 the size and pay cash. In 5 years you could have enough to pay cash for double the size of home....... Looks like your doing great, what ever way you go!
I agree - we hate debt!
I have spoken briefly with the kind folks at New Century bank about plans to buy land and build a house. They had indicated that they had no problem with owners acting as General Contractors but do not do "DIY" builds. This was a preliminary discussion so i did not press the issue. In your experience, is New Century open to the idea of allowing DIY on certain aspects (for me, this would be electrical, HVAC, Plumbing, cabinetry and other finishing, so long as the major and time consuming aspects such as building erection, drywall, concrete work etc. are completed by a contractor?
In my experience I have found that going as the general contractor allows you a lot of freedom’s. It also depends on code in your area if you are required to use license contractors or not. In our area we do not have any code restrictions that would harm us from doing any of the work ourselves. Most banks including new century are easily able to work around a lot of these aspects. Most of the time banks are not super concerned with who is doing the work but just that the work is being done.
@@hearlyfilms Indeed, we are also in a relaxed code (actually no code) area. Thanks for the input, that is basically how i was reading between the lines. He only commented they do not typically lend for a person actively completing every aspect. I expect so long as reasonable progress is being made, there will be few questions.
Awesome Job! I am you from a year ago. Very naïve about the process. I am looking to build a barndo on family land. Could you share who you are using/used to purchase your metal barn? Also do you mind sharing a template of your budget sheet? Thank you in advance!
Yeah, I was thinking of this but the land cost is some what insane for what u get plus.... u will have to drill for the wells and power on most of them. Kinda sucks
It’s all apart of the build! It stacks up quick!
Need to locate contractor for a metal frame barndo, not wood frame. Location in south Mississippi
Great job on the spreadsheet. Please share your template
Great spreadsheet. Could you provide a link to share your template?
This video is great. So do you have to come up with that very detailed budget spread sheet before you even get a construction loan or something? Working on getting into this project and just trying to get the steps figured out. Also I’m planning on doing a 40x60 barndo with a 40x25 2 story living space, so a decent bit less than yours. You’re at 300k, so would it be okay to assume about 200k is closer to what I’d be spending?
Yes you have to prove all your expected expenses or the bank won’t even take you seriously. Prices vary so much by area and lumber prices are 20-30% higher today than they were when I bought supplies. It’s just crazyz
Would you be willing to release your lists of things to include for the bank?
Is your floor plan available? I was shocked when you described your house and rooms as that's exactly what I had in mind. Thanks :)
We do - but unfortunately they were lost in the fire!
Hello, Is there a way to get your temple of how to budget? I am in the process of getting land and building and really love the template
Hi all can anyone suggest a finance company or insurance company that will do a barndo? Thanx
Hey brother. Just ran across your videos yesterday and I showed my wife. For the last month we have been been on the same track that you guys are on. I was just going to keep watching your videos but then you said that you guys are looking to adopt or foster... I said out loud, “you got to be kidding me!” Lol. We are followers of a Jesus, and feel called to do the same. Our life has been one of living from place to place but never in our own home. We have a chance to get land from family, and have begun the process of wanting to build out in the country. We also want to be our own contractors and are looking to do some work ourselves. This might be weird, but I was wondering if we might be able to have a conversation about a couple things.
If not that’s okay. Thanks man.
Wow! What similarities! Would love to have a convo. Shoot me a message on FB!
I shot you a message through Facebook messenger.
Hey, just found your video as we finished our phase 1 garage apartment so we can build our phase 2 forever barn dominium. We are north of OKC and have found the pandemic has increased some of the construction costs. Do you think it’s still worth it to build a steel structure with metal siding? The guy who welded our beams said that the production of supplies has really changed this year.
So we were in the process of building a barndo then switched to traditional build because of the increase in cost of materials. Secondarily, it just didn’t make sense for us to do the barndo anymore because we were actually using the entire space for living instead of some shop/some house. For our build the framing budget doubled... yes... doubled. So needless to say it has been more expensive than we thought... but I switched my shop building to a post frame because the steel went up so much. We used Gober Post Frame out of Seminole and they were great to work with and the cheapest I found.
@@hearlyfilms Thanks so much for the info. I hadn’t seen your video where it changed to traditional build, but saw progress on cabinets, etc. Yep - we got our two story garage done just as the pandemic started, so we didn’t have any effect there, but this phase 2 house situation is going to be tricky. We want the open concept, vaulted ceilings, so maybe just do the steel frame perimeter and traditional exterior.... huge hugs to y’all & we may contact the Seminole company and see if they want to come out this far. We are 1.5 hours from Shawnee, now. Used to live in Choctaw.
It’s crazy! We still managed to build for under $80/ft but ended up doing a LOT of the work!
Like we've previously spoke about, I'm about 2 years behind you in this process, can i get a copy of this Google Sheet? (I love google sheets) obviously it can be void of your homie hookup people but if you shared some of your research stuff that would be awesome as well. If not no worries, but It'd save me mucho time and help my organization OCD.
What if you end up having a pipe crack under the concrete?
Nice video but I have a question: On your spreadsheet it says a few times 'Scheduled DOL'. What does 'DOL' stand for?
Date of labor- when they’re coming to do the work
I’d be really interested and it could be very very helpful for us. We are wanting to do a 40X60 1.5 story home with 4 bedrooms in Nebraska. I’ve done a lot of research but it could definitely help to see what all you need to present to the bank and other things I may have forgotten on my own list. If you are not willing to release that information that’s okay thank you in advance!
That’s a great idea - maybe I can do a video on that soon. The bottom line is you will inevitably forget something 😂 I even did!
@@hearlyfilms haha I presume yes. Anything would be so helpful :) thanks for considering
Do exactly this process and think of everything, and I mean EVERYTHING...and then double it...and you'll be closer to your actual finished cost
were your plans always to go stick build, or did you consider a metal building as well? If so, what were the deciding factors for you?
Yes the plan at first was to build a Barndo - however pricing of materials and practicality and pricing and cost and money... those factors are what led us to make a different choice. The pandemic altered a lot of our plans during the build.
Literally planning a follow up video soon.
@@hearlyfilms I have priced both as well and agree, not much difference for me between stick, steel and pole barn final cost. Will probably go stick build to make financing with any bank easier, but have been in touch with new century.
Did anyone get the spreadsheet?
There's a very nice explanation of everything I just wish I could have actually seen the numbers on the screen
Are you blind?
@@tilyajo nope not at all
So from the looks of it you decided against the barndo build? Just curious why?
Got a video planned to explain this once we get moved in and the insanity begins to subside a bit
But in a nutshell... price.
Love the budget spreadsheet. Can you send to me or post it for template? Don’t need your numbers in it but would be a tremendous help not to overlook stuff and not have to type it all. Thanks
here is a link to download the excel sheet template: docs.google.com/spreadsheets/d/e/2PACX-1vRViG34YGY6c5VNB7CzB0gKZNoXDx_dG2PK8Z7nAch-jqjoL60splMNv6raRS6skrykJH88hMEu73VW/pub?output=xlsx
Enjoy!
Would you share your spreadsheet? Thanks.
In the description
Doing a good job am going to build q barndo 3500 sq ft
Awesome that’s the one we were looking st
Just bought land , now I have to get my budget together asap . Budget is only about 50k
How big of a barndo you looking at?
@@hearlyfilms 30x60x14 3 bedroom2bath
Do know the name of a good Barndominium builder in Oklahoma ?
I know of a few good places where you can get the building from
@@hearlyfilms Thank you that would be great.
Not sure if mentioned already... and I hate to be that guy but..... it's "plumbing" with a "b." Just saying.
👍🏻
Great video. Just decided we want to build one
Woukd u be willing to share your spreadsheet to us ? You can take out any info you want or leave it it doesn’t matter
I think your either in Tx or Ok and we are moving to east Tx so maybe some of those contractors might work for us if you would recommend them. Your spread sheet would be VERY helpful just to see all the diff things that need a budget as I’m new at this
Thanks
Great video
You can DM / PM me