EXCEPT we are a very lean operation (minimal overhead costs), we pay cash for everything (no loan fees), we do the house designs ourselves (minimal architect fees), and we GC the projects ourselves (no GC fees).

My wife is an architect so she could try to come up with something similar to what you did.

I am a Colorado native and my brother lives up there and works as the VP of a Architect/Development firm so I am up there a lot.Would love to connect with you about your goals in real estate and see if I can help provide any new nuggets you may not have picked up from the books or podcasts yet.We bought our first house and rented to traveling nurses as a duplex disguised as a SFH in the Denver area and then moving on to do it again in the Arvada area.

The property was originally built in 1970 and renovated in 2021 by a renowned architect, George Pappageorge, who re-designed it as a master’s thesis project.

I had to come out of pocket to pay the architect and the city people.

I'm an architect in highland park and hoping to someday do my own fix and flips in my home town :) Keep up the amazing work!

I am a licensed commercial general contractor in AZ, and have been for the last 8+ years.I have been doing retail TI work since 1993, and worked with clients, architects, engineers, city review and inspectors, subcontractors and other generals.

For me, as an architect, I'm trying to build something to fulfill a personal career goal and have a place for my family to enjoy but the investor side of me will want to make sure the property is going to sustain itself (plus some) in the meantime...

I always have the fix and the solution, often with attorneys, architects, engineers, and CPAs needing to be brought in and that plus my hourly rate quickly erodes the years of hypothetical “savings” in professional management fees.

Then build in a healthy margin for the unanticipated.That would just give you a ballpark estimate and you'd only know better estimates once you hired an architect and figured out specific plans.But long before that, the questions I would have in your shoes, in order, would be:1) What does the zoning permit?