Build-to-Rent with Civil Engineering Degree
I am new to rental properties but my goal is to begin building-to-rent both commercial and residential properties 5+ years in. I've heard stories about how much of a hassle it can be getting different permits and dealing with zoning laws depending on the area your in. Would a Civil Engineering Degree help attain those permits and would it also help from a cost controlling standpoint?
Most Popular Reply
I'm a civil engineer and I agree with the good insight from Robert.
If you're wanting to save on a cost, then yes, you can be the one to stamp the plans. However, it should be something you're competent in. For example, I've been licensed for 7 years but I've never worked on houses, so I personally would not draw up plans for a house or "stamp" plans that someone else provided.
I have lots of experience on projects that involve rezoning, platting, understanding City approvals/permitting, but that aspect you will not learn in any college courses, and nor does a Civil Engineering degree help with. Navigating these processes can be learned through experience and just by digging into the details. There is a part of the entitlement process that will include review by lawyers also.
Civil engineering becomes larger part of the project as the projects grow in size. With a engineering license, yes you can be the one be the developer and civil engineer if you wish to wear both hats. Alternatively, the education & experience can give you better footing to manage/understand the civil engineers if you choose to hire out that work.