{"podcast":{"title":"Your Home Building Coach with Bill Reid","slug":"your-home-building-coach-with-bill-reid-7294250","podcast_index_feed_id":7294250,"rss_url":"https://feeds.captivate.fm/the-awakened-homeowner/","website_url":"https://www.theawakenedhomeowner.com/home-design-and-construction-podcast/","image_url":"https://artwork.captivate.fm/b602755f-cdb3-46bc-9625-b9e28d25f99e/Podcast-Cover-jpg.jpg","author":"William W. Reid","episode_count":67,"summary":"I'm Bill Reid and I will be along your side as Your Home Building Coach. Brought to you by The Awakened Homeowner Mission— your go-to podcast for real talk about designing, remodeling, and building your dream home! Hosted by Bill Reid, who's helped coordinate the design and construction of hundreds of new homes and remodels, this show is packed with insider secrets and smart strategies to help you crush your home goals. Building or remodeling can feel like a wild ride — but it doesn't have to be a nightmare. Here, you’ll get expert home remodeling advice, practical new home construction tips, and a full scoop on building a custom home without losing your mind (or your budget). We’ll walk you through renovation planning, share step-by-step home remodeling guides for homeowners, and spill the tea on common home building mistakes and how to avoid them. Thinking about diving into a remodel or new build? Find out exactly what to know before starting a home renovation and how to navigate the home building process like a pro. This podcast pairs perfectly with Bill's new book, The Awakened Homeowner — a must-read if you’re serious about creating a space that feels like home and makes smar…","last_synced_at":"2026-07-18T18:17:17.552267+00:00","page_url":"https://stenobird.com/podcast/your-home-building-coach-with-bill-reid-7294250"},"episode":{"title":"Cost Plus Contract Explained: 3 Types + California Law","slug":"cost-plus-contract-explained-3-types-california-law","published_at":"2026-05-09T16:00:00+00:00","page_url":"https://stenobird.com/podcast/your-home-building-coach-with-bill-reid-7294250/cost-plus-contract-explained-3-types-california-law","show_page_url":"https://stenobird.com/podcast/your-home-building-coach-with-bill-reid-7294250","url":"https://www.theawakenedhomeowner.com/captivate-podcast/cost-plus-contract-explained-types-california-law","audio_url":"https://episodes.captivate.fm/episode/1ab06c31-ebc2-4673-bd4a-90131a604d51.mp3","summary":"A cost plus contract means your contractor gets reimbursed for every project cost plus a profit margin — but it comes in three flavors, and the structural differences determine who carries the financial risk. Download Your Free Cost-Plus Reality Check Tool Bill Reid explains cost plus percentage (most dangerous for homeowners), cost plus fixed fee (better protection), and cost plus with guaranteed maximum price (safest hybrid). You'll discover why California banned pure cost plus contracts for residential remodels under Business and Professions Code 7159.5, the industry-standard markup range (15-25%, or $75K-$125K on a $500K project), and the five drift triggers that push projects into cost plus territory. Bill shares seven critical questions to ask yourself before signing, the narrow band of homeowners for whom cost plus genuinely works, and why disaster rebuilds almost always require this structure. This is part one of a two-part series — the decide episode. Episode 57 next week covers tactical execution. Related: Episodes 50, 53. Section 3.202 of The Awakened Homeowner book. Free download: Tale of Two Homeowners story + Fixed Price vs Cost Plus micro-tool. BuildQuest beta at buildquest.co Understanding time and materials contracts, markup percentages, legal restrictions, and when to walk away from cost plus deals A cost plus contract reimburses your contractor for every project cost plus a profit margin — but it comes in three distinct flavors, and the difference between them determines who carries the financial risk. In this episode, Bill Reid breaks down cost plus percentage (the most dangerous for homeowners), cost plus fixed fee (better protection), and cost plus with a guaranteed maximum price (the safest hybrid). You'll learn why California banned pure cost pl…","meta_description":"A cost plus contract means your contractor gets reimbursed for every project cost plus a profit margin — but it comes in three flavors, and the structural…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2447,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/your-home-building-coach-with-bill-reid-7294250/episodes/cost-plus-contract-explained-3-types-california-law/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/your-home-building-coach-with-bill-reid-7294250/cost-plus-contract-explained-3-types-california-law.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}