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Updated over 3 years ago,
Is a competent architect hard to come by ? Do they add value?
I am getting out if the Marine Corps this summer. As a result of my service, I have the ability to use the Post 9/11 G.I. bill to go to school for free. I love things that are free, so I decided to apply to a Masters of Architecture program. I am a new investor with one SFR, and my ultimate goal in RE is to buy and hold multifamily apartments.
I plan to use an architecture degree in my business, using the BRRRR strategy or fliping houses if the opportunity presents itself. Having a real estate and architecture license can save me a lot of money in the beginning. I know it is hard to find competent and efficient property managers and contractors, and these individuals can make or break an investor and an individual deal. I am curious to know how hard (or easy) it is to find a competent and efficient architect? And is the value of a good architect equivalent to a good property manager or contractor (if that makes sense)?
I assume this question is more relevant to flippers and developers. But I would appreciate anyone's thoughts or input.