All Forum Posts by: Kyle Michael

So from what I am getting, this would probably only be cost effective on a larger building if the property is existing but on new construction it is a good idea to integrate a cost seg analysis?

Thanks for all of the input from everyone a greenhorn like me really appreciates it.

So is it possible to recapture past renovations done to the building? Is it more effective to implement cost seg on new construction vs. existing? This sounds like it may not be for me just yet.

Property in question is a 20 tenant office building--I will get back to you with exact sq footage.

I have read it is a good idea to have a cost segregation done I have found a few companies but what should I be looking for in a cost seg firm?

Just to give an update to anyone who cares, going through with the office property but I am wondering about cost segregation? No cost seg studies have been done on the property and some recent additions have been added as well as renovations 3 years ago. Any advice for having a cost seg study done?

Any advice or warnings going into commerical real estate vs. say purchasing and flipping a house?

I am working with family friends so I am also a little worried that friends and business don't always mix

Thanks for the input. I am looking at an office building with a partner. Potential for 20 tenants but I am still very "green" in the real estate game so I am taking step by step with the investment partner who knows a great deal more about investments. I am learning a lot from him and I think it will be a great long term investment. We are still in the initial stages.

I am interested in finding a commerical property to invest in. I am looking for advice as to what is a typical starter investment property.