6 New Construction Mistakes To Avoid

#Business
"Thank you for watching!

About this episode:
In this informative episode, Thach Nguyen and Chris delve into the common pitfalls encountered during real estate rehabs and new construction projects, offering actionable advice to avoid these mistakes. They highlight the importance of good design, proper budgeting, and accounting for hidden costs that can derail a project if not managed properly.

The discussion begins with the crucial aspect of **design**, where Thach and Chris emphasize hiring architects who specialize in specific home styles and neighborhood aesthetics. They then transition into the topic of **budgeting**, explaining how inadequate budgets and overlooked line items such as sales tax can lead to unforeseen expenditures. Utility and street improvement work, often neglected in the budgeting phase, is another key area they review, providing real-life examples of associated costs.

Lastly, Thach and Chris cover the significance of selecting *qualified contractors* over cheaper alternatives. "