Rental Property Investor · Fargo, ND · Member since 2016 · 136 posts · 112 votes
Is it just me or are about 25% of all real estate investors, also engineers? As an Engineer myself I could be biased but curious if anyone has insight. I know folks usually have professional background like IT, accounting, dr but would be going out on a limb to say engineers cover the majority of all real estate investors?
I did the eng gig until REI proved to be way more profitable. It's paid off in so many ways allowing me to do 'permitted' electrical (took that minor in elect.), opening & replacing walls with LVL beams, HVAC installs, on-demand HW (elect & NG) etc etc. It's a discipline that opened so many cost saving opportunities & you don't get snowed by contractors, home or building inspectors. Biggest job 'permitted' by my town was the complete design, install & wiring/flow rate monitoring of complete fire sprinkler system for a 6 unit. They allowed me 6 months & did it all myself.
But then again I remember our final exams forbade the use of calculators, slide rules were the only device allowed as were card punched software solutions in our lab finals.
I am a software engineer and started investing in real estate a few years ago. I started with single family rentals, but have moved into multifamily syndication.
Stationary Engineer (as referred to in the U.S.) or Power Engineer here in Canada specializing in Grade A Commercial High Rise buildings in Calgary, Alberta, Canada
A former Structural enginee: designed airports, casinos, 1M+ sf industrial buildings. Did my own schematic layouts for buildings back when I did commercisl development.
My biggest takeaway from being an engineer was problem solving and becoming proficient at Excel for use in my current business.
Software Engineer here investing in Texas. Finishing up my first SFR BRRRR. I never noticed that so many engineers were into REI but it makes total sense.
I started in software and now work on general product leadership (web, AR/VR, etc). I'm just getting into REI but the creativity and tangibility of the process has been fun so far. I've also enjoyed learning more about physical locations instead of mostly virtual ones =]
Former professional materials engineer in Edmonton, Alberta, Canada. Now full time REI and mom of 2. Focusing on multifamily in Alberta and helping other busy professionals (like engineers!) invest in real estate.
Engineering consultant working in San Diego for Mechanical and Systems Engineering. I was doing live in remodels but now transitioning to collecting rentals in Indianapolis.
@Adam Zach seems like i am similar to more than a few people’s responses.........My undergrad degree is in Civil Engineering and I work for a large GC in Chicago. Seems like the skill set works well for REI1