4 Tips to Consider Before You Build a House
Being a home builder in the Philippines isn’t just the responsibility of a construction company but building a home is also greatly contributed to by the people who are going to live in it. Before you start building your house, here are four tips to remember and mindsets to keep to help you see it through.
Whether you are single or have a family, one mindset you can’t let yourself have is to be half-hearted in buying a house. To illustrate, when a house is built in the Philippines, you either are having it build yourself or are buying it from a developer—either way, you’re going to have to live with the rules set forth by who developed the housing or are going to have to commit to making constant trips to the house that’s being constructed. And it’s not as if halfway through, you can just back out and get a refund. Purchasing a house doesn’t work that way. Speaking of purchasing…
You also have to be very smart with your money as a home builder in the Philippines. Not only must you have saved to build a house, you also should be thrifty with any other future purchases—clothing, groceries, toiletries, gadgets, travel—because bad spending habits will not only lose you money, it can lose you a property.
It is very important to stick to a plan. In the first place, a good solid, concrete plan is how you get your money in order. It is also how you keep your future money in check. Planning means that you take into account things other people might overlook like emergency funds, medical & health insurance, calamity funds and many more. “Where do you see yourself in 5 years?” means more than just saying “being successful” in this case—financial independence is what you’re after to know that you can capably invest in a home.
You aren’t perfect—you’re human. So is your contractor, your engineer, and your architect. Even the earth and the weather won’t always be on your side. As a home builder in the Philippines, you have to stick to a plan but you also have to learn to be flexible. Things might not always go your way but you can still make the detours worth it in the end by having plans B to Z or just asking around for sound advice from good people.
Commitment
Whether you are single or have a family, one mindset you can’t let yourself have is to be half-hearted in buying a house. To illustrate, when a house is built in the Philippines, you either are having it build yourself or are buying it from a developer—either way, you’re going to have to live with the rules set forth by who developed the housing or are going to have to commit to making constant trips to the house that’s being constructed. And it’s not as if halfway through, you can just back out and get a refund. Purchasing a house doesn’t work that way. Speaking of purchasing…
Money Smarts
You also have to be very smart with your money as a home builder in the Philippines. Not only must you have saved to build a house, you also should be thrifty with any other future purchases—clothing, groceries, toiletries, gadgets, travel—because bad spending habits will not only lose you money, it can lose you a property.
Planning
It is very important to stick to a plan. In the first place, a good solid, concrete plan is how you get your money in order. It is also how you keep your future money in check. Planning means that you take into account things other people might overlook like emergency funds, medical & health insurance, calamity funds and many more. “Where do you see yourself in 5 years?” means more than just saying “being successful” in this case—financial independence is what you’re after to know that you can capably invest in a home.
Flexibility
You aren’t perfect—you’re human. So is your contractor, your engineer, and your architect. Even the earth and the weather won’t always be on your side. As a home builder in the Philippines, you have to stick to a plan but you also have to learn to be flexible. Things might not always go your way but you can still make the detours worth it in the end by having plans B to Z or just asking around for sound advice from good people.
Leave a Comment