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Updated almost 7 years ago, 02/01/2018
Questions on architects and designers when flipping?
When I get a bit deeper into my investing career I will be diving into the niche of buying destroyed "zombie houses" (term courtesy of BP Podcast 201) and completely renovating them into beautiful, modern, and trendy homes available for homebuyers to purchase. I know that an architect and a designer will be vital members of my team when tackling these types of projects, but I'm curious on the workflow involved when using them! I'm hoping some experienced house flippers can enlighten me a bit on this process!
Some of the major questions I have are:
Will an architect and designer work in conjunction with each other? Will they be able to work together and implement both visions they have and formulate a solid plan?
Will these two team members handle the scope of work? Since they will be designing basically the entirety of these projects, to what extent will they create a scope of work and budget?
In relation to the above question, will these two team members project manage the rehab? Since it is their vision going into the house, will the architect and designer oversee all of the components involved to ensure proper completion?
Again, in relation to the question above, how will hiring contractors and purchasing materials work when working with an architect and a designer? Will they have contractors they prefer to work with or will I have to assemble everyone and get the entire team on the same page? How will the purchasing of materials work now that the layout and design of the house is up to my two new team members?
Also, feel free to dive deeper into this, beyond the questions I've asked. I am trying to draw up a system to implement into my business regarding an architect and designer and as much clarification as possible on this subject would be massively beneficial.
Thanks BP!