The numbers then were (approximately):520K purchase5K Acquisition (legal, cash for keys) 80K soft costs (permits, architecture, structural)900K construction costs (750K contract, change orders, fixtures)50K financing10K insurance 85K closing costs (66K to other agent, staging etc.)$1,650,000 all in costs$2,640,000 Sale price$990,000 Profit A good portion of my profit relates to the rally in home prices during the time my project was in process.

I will also have the owner sign that I am in control of the architectural committee.And thanks Bill, your a great asset to this site.

Detritus aside, it’s absolutely beautiful locationally and architecturally.  

The roof was just replaced and it's architectural shingles, wonder if that's the reason it looked patterned on your monitor.I know i can get a tenant if i bring it to $900 or get a section 8, but I do not want these types of tenants.

As far as the GC goes I want to go to school for architecture(building/landscape), interior design, and plan on becoming a licensed GC in the future.

I have had a lifelong passion for real property and I studied architecture as an undergraduate.

I am working with an Owner to sell 3 properties in Schuylerville NY (Zip code 12871) The owner completed an architectural design and land survey to convert one single family and two mobile home lots into "the largest and finest home in the Village".

That does not include the cost of buying the land or any of the soft costs like engendering and architecture.

Dear BP's,I just had a meeting with an owner of this 1925 House in a Hippie Area of LA.Musicians, actors, artists, love the vibe of this house.It's a 2/1 with a backyard, pool, unpermitted guest house/studio/garage with bathroom.I'm thinking about making an offer for about $700k.With a $50k rehab to basically update plumbing, kitchen, bathroom, and landscaping, the ARV would be around $850k to $900k.But, once it's a desirable architecture, and area, kind of a 'historic', and getting a $6,600 rent, should my ARV to be higher?

The home itself is VERY charming with architecture typical to the area.The house will very likely need significant work on plumbing, foundation, electrical, etc., but per several agents is unlikely to be torn down.