Purchase price: $145,000 Cash invested: $90,000 Sale price: $328,000 The house was in desperate conditions, but I loved the original architecture of the house, I could see that it was not a cookie cutter type of house for the area.

There's potentially to create some really interesting architecture, provide affordable housing, and create a great cash flow asset.Does anyone have any experience with this kind of development?

I worked at an architecture firm in Southern California and this client was a developer who flipped million dollar homes.

I'm in landscape architecture so this is right up my alley.

This is a project with Irina Costea and Adriel Liwag, members in LA. Super exciting and we're still in escrow but wanted to share some inspirational pictures for everyone out there! We received 19 offers on this beaut...

I don't care about their architecture or floorplans.

Thanks for the comment, @Greg Dickerson.I haven't hired yet an architect for producing a complete set of architectural drawings, but I am targeting something like this nearby property in terms of type, style, and finish.I will reach out to a few local contractors for getting a more detailed construction cost estimate.Is there there a rule of thumb for estimating operating expenses?

Have several large buildings of architectural integrity needing an MAI's help for a municipality.

A lot of developers have degrees in civil engineering, construction management, architecture etc but several universites now offer programs for real estate and real estate development.

European architecture is so rich!