Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Home Improvement, Design, and Decorating
Reply to "Cost for this addition"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]If you go to one of the big design build firms it will undoubtedly run 200-300k but they’re adding 10-20% on top of all bills plus a (often) 5 figure monthly management fee. I’ve done numerous projects and got bids from them sometimes. They’re definitely the preference for the well compensated DCUM set. But the way I’ve found that has the most value for me is to find a small shop led by 1 person who has their own crew for most of the general work and subs out to trades only when absolutely necessary. They work on a time and material basis when not subbing out and the top guy isn’t expecting to take a cut for just existing. When you go to a big D/B firm what amounts to a project management fee adds up to 1/2 of the project sometimes. The method I laid out is somewhere between GC’ing it yourself and going to a 1-stop shop. You may need to get in the weeds on order doors and windows - but you order what you want directly from distributors and they don’t get marked up. If you get a good contractor, he’ll let you order under his name and you get the trade discount too. I’ve done around 1M in renovations this way spread across 5-6 major projects. I’ve helped friends do this for another 3-4 projects and we’ve all had very good results at a much lower price point. You have to get away from the profit expectations of the bigger guys… they have (at least) 4-5 execs internally to pay and all of them are multi-millionaires. Plus a health sg&a spend for biz development and marketing.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics