![]() | |
![]() | |
![]() |
Real Estate Information |
|
![]() |
Do You Know What Design/Construct (or Design/Build ) Means? I Think You Should!
These real questions on 'How To' build are answered by a US Master Builder and myself from the development viewpoint, after I received them from readers of my e-book, "Residential Development Made Easy." Question 1. 'Design / Construct' is a development processwhere the contractor engages and instructs all the design consultants for the project and submits a price for the design and construction of the project to the developer,hopefully meeting the developer's requirements as far as aesthetics and space requirements. The contractor, if awarded the project, proceeds with the engagement and briefing of the design consultants, obtains authority approval and constructs the project without the developer having to deal with any consultant. This generally saves the developer the hassle of going through various tender exercises. Can you explain a bit more about this process? Master Builder & Developer's Reply: Essentially what you have said above is correct, however as with most things in life, there is a "BUT" involved. And before I talk about the "BUT," I should say"D & C" is usually reserved for commercial development like office, industrial and standard retail shopping buildings. Commercial developments are essentially concerned with "creating space" that can be easily specified on a plan and specifications. The buildings, on completion, look different because of shape and how they are 'dressed-up." It is non-personal - it's business. The design of residential accommodation is all about "personal." Now back to the "But" - not all contractors can provide 'Design / Construct services. Not all builders have anyability at determining 'good design.' Just because a contractor can construct a house, does not mean he can design one or supervise a consultant to design of one. Contractor are concerned with 'cost' and getting the job done. Remember, in the pecking order of seniority in the industry, the designer architect usually 'tells' the builder what to do. 'Design / Construct reverse this role. Contractor are usually practical people and like to complain about the fancy ideas of designers. However it is the fancy ideas that distinguish your house for the one next door and makes it work better and sell better. As a developer of residential accommodation I would never use this process, because it is the designers who interpret your design ideas - things you definitely want in your projects of say six or ten or moreunits. In my e-book I tell you how to go about your own market research. Well at the end of that you will have reached some firm ideas of what you want in your project. It is the designer who will put those in place for you on a plan, not a contractor. Now let's go up a few rungs on the contractor expertise ladder to the Master Builders level and I'll let Leonard answer from his perspective. As with all human endeavors, there are different levels service and expertise within the his fraternity. Design / Construct is basically what I do at USA Master Builders.comexcept we have taken the process several steps further. But before I get to that I will advise you We call our Design / Construct teams, "Residential Development Teams." Where we go further than other Master Builders is as follows: * We do the basic market research for you. * We create demand for the properties. * We locate the buyers. * We provide financing and insurance. * We locate a developer who develops properties in a specific price range we've specified. Question 2. Will the contractor be able to work out a package with me, where I provide the initial concept and schematic design whist the contractor provides all the working details and specifications to come to an agreed fixed price plus agreed profit? Master Builders & Developer's Reply: Depending upon the contractor you choose they should be able to do this for you. Let me walk you through how USA Master Builders.com work with developers. Let's say that you've done your home work. Know what property you want to build. Know how much you want to budget for each property. (If not, we can assist) I want you to tell me: 1) Fair Market Value $X 2) Appraised Value $X 3) Cost of each lot $X 4) How much you have budget for each property. 5) If you have floor plan that would be good. If not, we would help you with that. You would tell us what you have budgeted for each unit and ask us if we can construct for that? We review the information, discuss details with you and give you a quote. When we provide you with a final quote it is all inclusive. It includes everything we can control. Included are the certified architect blueprints, structural engineering reports, cost for building the property, providing financing for those who will be purchasing the property, insurance for those purchasing the property, Realtors trained to sell and create a demand for your properties. In addition, to the above we would provide you with a 100% Money Back Guarantee which simply stated, "If you don't like the property once it is completed you don't have to buy it." We insist that you hire the property inspector of your choice to inspect the property BEFORE you take possession of it. We also provide you with daily video updates on the project so you have video documentation of the progress of your property. Unlike a lot of builders we think "long term" not short term. We understand that we make our money building and you make your money selling at retail. If we want more business from you it's important to help to ensure your profitability as much as possible. Question 3. What kind of warranties do Master builders offer? Master Builders & Developer's Reply: Depends upon the property and place. Some areas require warranty on plumbing, gas lines, etc? We provide all standard warranties in each area. In addition our structural warranty is 20 years instead of five or ten that local builders offer. Our roofs are 20 years. And, we have a 100% Money Back Guarantee to ensure you're not stuck with a lemon. Oh yes, one last point that does not really come under warranties, but it does give peace of mind to out clients. Every part of the house we build for you is computerized for you. So What? Well let's say, in 4 years or 10 years, you have a window badly damaged, a door, a kitchen bench - whatever - think about what you would have to do to get it fixed. Well with us, you just phone or email - tell us which part you want replaced, it's exact location, and we'll have the exact part, in the right size, in the right material sent to you, after you have approvedthe pricing. So you see that the "BUT" I mentioned above covers a lot that is within the term 'Design / Construct.' **************************** Author & $1.2 Billion Developer, Colm Dillon, Has Written The Best Selling 'How-To' E-book, "Residential Development Made Easy," With Readers In All States Of The USA, Canada, Australia, New Zealand, UK, Ireland and 79 Other Countries. His Independent Web Site is: http://www.realestatedevelopmentcoach.com
MORE RESOURCES: Judge cites handwritten will and awards real estate to Aretha Franklin's sons - The Associated Press Real estate scams on the rise: What are some red flags Yahoo Finance Invesco Real Estate Buys Minority Stake in Faropoint Commercial Observer Hack at major title company scrambles real estate closings Crain's Chicago Business The resilience of Philly's real estate market is 'impressive.' Test your knowledge of consumer trends in the industry. The Philadelphia Inquirer Longmont real estate broker donates profits to improve environment The Longmont Leader SoCal Real Estate Jobs Grow Despite Economic Uncertainty Commercial Observer Commercial+real+estate+deals+stifled+by+rising+interest+rates Rochester Business Journal Markets in a Minute: Real Estate Pulse Check AdvisorHub People and Property: Real Estate and Construction News From ... New Hampshire Business Review Real Estate in the Know: 179 ways - Realtors are worth every penny Ridgecrest Daily Independent Local real estate market showing positive trend | News ... Theredstonerocket The 9 Best Israel Real Estate Sites for 2023 The Jerusalem Post Keppel inks deal to acquire European real estate manager Aermont Pensions & Investments Real Estate Transactions: Nov. 20 - 24, 2023 Martha's Vineyard Times North Central Mass. chamber to launch low-cost fund for real estate ... - Worcester Business Journal North Central Mass. chamber to launch low-cost fund for real estate ... Worcester Business Journal Cyberattack affecting Las Vegas real estate deals, brokerage says Las Vegas Review-Journal Spokane real estate mogul Harlan Douglass dies Spokane Journal of Business Real Estate Board of New York unveils its own monthly office ... Crain's New York Business Auburn Institute for Real Estate Development announces executive ... Auburn University Location, Location, Location - The Best Places to Invest In Real ... Passive Income MD Real estate market updates Seeley Swan Pathfinder Debra Kamin Joins Real Estate The New York Times Company Get more real estate buyer leads in 2024 HousingWire Dominion takes downtown real estate holdings off the market RichmondBizSense Charles Munger's Best Quotes About Real Estate The Real Deal Real Estate Fresh Finds: November 29 PoPville Cleveland real estate Spectrum News 1 Gibson Island Corporation Real Estate – Waterfront Open Houses ... Baltimore Fishbowl Real Estate Notes: Green Hills CVS site list price reduced Nashville Post The Underestimated Value of Security in Selecting Corporate Real Estate Security Boulevard Real Estate Transfers - Sent-trib Sentinel-Tribune Pet Food Drive to christen new real estate office NBC Right Now The+Counselors+of+Real+Estate+reveals+annual+top+ten+issues+ ... The Mecklenburg Times Why Is Wheeler Real Estate IT (WHLR) Stock Up 37% Today? InvestorPlace The 'wait and see' approach: Why Nashville banks are cautious on commercial lending The Business Journals Renters, home buyers attracted to southwest Las Vegas, real estate ... KTNV 13 Action News Las Vegas Employee Spotlight: Scott Loper, Real Estate Project Manager Tampa International Airport REAL ESTATE | Charming home at 447 S. Eighth Avenue in West ... washingtoncountyinsider.com Inside Emma Stone's Stylish Real Estate Portfolio Architectural Digest Sally Jessy Raphael mansion: Hudson Valley real estate on the ... The Journal News Headwaters Highlights: How the real estate office powers Pittsburgh ... lrp.usace.army.mil Worcester County real estate transfers, Sunday, Nov. 26 Worcester Telegram Real Estate Sales Include Funeral Home, $1.26M Lakewood ... Jamestown Post Journal Berks County real estate transactions for Nov. 26 Reading Eagle Wood County real estate transfers | News, Sports, Jobs Parkersburg News Canada's Real-Estate Market Stumbles as Rate Hikes Bite The Wall Street Journal 3 Real Estate Stocks That Could Make You a Millionaire The Motley Fool What the Landmark Real Estate Lawsuit Verdict Means for Realtors The New York Times Real estate markets in an environment of high financing costs European Central Bank October 2023's Median Price of Wake County Real Estate increased ... Wake County Government (.gov) |
![]() |
![]() |
![]() |
RELATED ARTICLES
OPM - The Art of Leveraging Equity lender, hard money lender, private investor or what ever term one uses can be a great source of funds to do real estate transactions and the question of how to find them comes up often!There are numerous ways to do this, and no two investors are exactly alike, so it's important to be innovative and customize your proposal to the specific "hot buttons" for each funding source.One of the greatest advantages of real estate investing is the power of leveraging other people's money. Selling Your Home Quickly, Even if You Have No Money For Repairs Do you need to sell your home quickly? If so, don't be tempted by the ads you see that say "We Buy Houses" or "Sell Your Ugly House in 9 days for Cash." Those types of ads are placed by real estate investors who are looking for sellers under duress, and they'll only pay up to 70% of the low end market value for your home. An Investors 1st and Most Important Lesson Are you ready for the lesson that will put you ahead of 99% of all real estate investors?Here it is in a nutshell ?USE AS LITTLE CASH AS POSSIBLE!The days of mortgage burning parties are long over. But you will still meet people who believe that it is good idea to pay off the mortgage on a property so that they can have big cash flow. Real Estate, Real Property and Leased Land; Definitions, Discussion and Explanations Delaware, and the rest of the original British Colonies, has some land that is leased rather than owned by the residents of that land. Much of it is not evident to the casual observer. A Difference Between Appraisal, Assessment, Home Inspection Every one should have a home inspection before purchasing any property, including new construction. You may think that's rediculous but there are too many cases that prove otherwise. How Home Buyer Rebates Work In today's tight housing market, many buyers are looking for ways to stretch their dollars far enough to make that dream home a reality. One little-known strategy that's gaining popularity with consumers is the home buyer rebate. New or Old House? A lot of buyers think that a new house is the way to go but it's important to have some knowledge of quality and of the builder. New paint, carpet, doors, windows and cabinets are a quick and easy sell. Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced Properties Are Available... Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced properties are available if you know how to buy them. By Jody Hudson - Realtor since 1972. How To Go About Selling Your Home On Your Own In days of booming real estate, you would think that selling a home shouldn't be too much of a task. And if it's going to be that easy then why not do it on your own and save yourself on thousands of dollars in commissions. Look Past the Bottom Line for a Propertys Potential It's unfortunate that many real estate investors tend to look at the bottom line when deliberating about a property, rather than the big picture. The real moneymakers in real estate investments are the people with vision, who think creatively, and are willing to assume some level of risk. Real Estate Investing with Bad Credit! By being creative, you can play the game of real estate investing by using what is called Option's investing.This is just one technique of the Option's strategy of investing but can be a power tool in your investors toolbox to help you control more real estate and build wealth. Transforming Doghouses into Dollhouses Successful real estate investing depends largely on a correct assessment of a property's profit potential, but it also depends on your ability to transform a doghouse into a dollhouse. The renovation process involves physical work and choosing the best supplies, in order to create maximum positive emotional effect and profits, but if you make wise choices in your choice of colors, textures, and building materials, you'll assure yourself a fast and cost-effective sale. Understanding Real Estate Terminology Purchasing a home can be a complicated and confusing process, especially for first-time buyers. Throughout the process, first-time home buyers will encounter a variety of unfamiliar real state terms. Are You Profiting From O.P.P.? Are you profiting from O.P. Find the Right Apartment Quickly and Easily Using an Apartment Locator Service You've probably seen the ads or heard about apartment locators. But what do they really do and why should you choose an apartment locator to help you find an apartment area?One of the biggest reasons to use an apartment locator is the fact that there are hundreds of apartments to choose from. Choosing a Reputable Real Estate Appraiser When you are considering purchasing a property; either for investment or personal use you will need to hire a real estate appraiser. If you are financing the purchase through your credit union or another financial institution will most likely be required to hire a real estate appraiser to perform an appraisal on the property. Refinance Rental Property - Dont Sell It You own a rental property for years, and never see the "big pay-off." Is it time to cash in on your investment, now that you've paid down the mortgage, and values are up? Maybe not. Want A $10,000 House? How do you find a house for ten or twenty thousand dollars? In three steps:1. Find towns that are affordable. Las Vegas Real Estate - Luxury Properties Las Vegas is known for it's over the top hotels and casinos, larger than life celebrities and jaw dropping shows.Over the past couple of years the Real Estate Market has taken center stage breaking national sales records in 2003 and 2004 with record appreciation rates as high as 52%. Horses In My Back Yard Horses In My Back Yard by Jody Hudson, with Extensive Collaboration From Chris Hudson HORSE LOVERS: During my thirty years of selling rural land, I have frequently found that folks want some acreage so that they can own and ride horses. They LOVE horses in their own mind but have little if any of the real knowledge or experience necessary to raise one or more horses. ![]() |
home | site map |
© 2006 TIGER MEDIA |