7 August 2022 | 6 replies
If I own an LLC that sells engineering consulting services for, say, $20,000 in a year, can I use that $20,000 to make a downpayment on an investment property, and then tell the IRS the LLC had $0 profit?
8 August 2022 | 14 replies
I would avoid all of the algorithms simply because they are just 'guessing; in a sense.For most properties, you can just go on your preferred website like Zillow/Redfin/Realtor.com and just look around for properties that are extremely similar to yours.
16 August 2022 | 19 replies
I wanted to reverse engineer this a bit, granted I don’t have tax or insurance numbers.
7 August 2022 | 2 replies
So I can't seem to find a search engine that will allow me save my interested properties into categories either by location or amenities or by investment goals (LTR vs STR or duplex vs SF).
11 August 2022 | 9 replies
There are a lot more bodies and much more humidity from occupants due to the high levels of occupant activity.Assumptions200 SQFT/tonRequired cooling would be 200 tonsAssuming $2500 per ton installed, cost is $500,000.Again, these are very high level back of the envelope, but it is based on engineering rules of thumb for sizing and current pricing that I am seeing for commercial work.
9 August 2022 | 4 replies
Say grading, roads, electric, water, sewer, engineering,etc
15 August 2022 | 1 reply
One investment in a rural area from an auto parts manufacturer or aerospace supplier can be a powerful economic engine that transforms the employment and income levels of area residents.
19 August 2022 | 2 replies
Note - you can also use higher education (e.g. a construction management degree, Civil engineering degree, etc.) to count for 2 out of your 4 years of required experience.6) Provide professional references who can attest to your experience and character 7) Get bonded $8) Pay licensing fees $9) Wait for the ROC to review and approve your application Oh, you'll also want to set up an LLC before you start any of this.
26 July 2022 | 6 replies
Once you confirm this I would then proceed to talk to a civil planner/engineer and the local utilities company.
4 August 2022 | 11 replies
If you're trying to sell a billionaire on lending you nearly $70 million dollars for some speculative waterfront deals, you need to go in prepared to talk about:LOCATION - Access to property, comparable properties, demographics, schools, etcLAND - Lot size, zoning requirements, entitlements, surveys, plot plan, utilities, etcBUILDING - Isometric plan, unit count, amenities, how it conforms to zoning, what you will do if variance required, etcTEAM - Who will be the architect, builder, structural engineer, mechanical engineer, electrical engineer, civil engineer, etc?