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Updated over 2 years ago on . Most recent reply

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Phong Bui
  • Rental Property Investor
20
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26
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When have you needed an engineer?

Phong Bui
  • Rental Property Investor
Posted

I'm an engineer and investor. I want to see what kind of part time work/services I can provide as an engineer to intersect with real estate. Whether it be subconsultations to someone else or direct services, I'd like to hear everyone's experiences.

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User Stats

26
Posts
20
Votes
Phong Bui
  • Rental Property Investor
20
Votes |
26
Posts
Phong Bui
  • Rental Property Investor
Replied
Quote from @Ryan Normand:

@Phong Bui When you said engineer my first thought was structural, too. For a contractor, that's the most valuable type of engineer, but it's not the only engineering-related service you could provide. You could build analysis tools, design websites, etc. 

Back to structural engineering... Yes, plans/drawings are a much needed service. Architects/engineers charge a pretty penny for drawings and some won't even bother looking at minor additions/remodels because they're not worth their time. I don't think you'll be able to provide "stamped" drawings as these typically need to be done by a licensed architect or PE in the relevant field. However, you might be able to find a niche doing drawings for very light remodels and minor additions, which some cities have less stringent requirements for (i.e. they don't require a full set of plans and they don't need to be done by a licensed architect). Check with your local building department to see what you're allowed to do drawings for, if you want to go that route. You'll still need a strong understanding of building codes even for the simplest of projects, so keep that in mind. You'll also be competing with design/build contractors who do the entire job in-house.

 Thank you for your insight Ryan! I plan to have my PE soon (<1yr) and my state allows me to practice within my scope. I do not intend to practice outside of anything I'm absolutely comfortable being liable for, which in my case would be minor alterations as I do have academic exposure to it. I've been reviewing my city permitting requirements and building codes, but do plan to increase my knowledge much more before attempting to offer any services to anyone. Your answer helps me refine more thoughts and intentions. I'm also fully prepared to admit that it is outside of my capabilities if that is the case.

Your last comment is what has been on my mind. As a small, one person operation, I would not be able to offer the type of service a larger firm would as a one-stop shop. But you also mentioned how some won't bother with minor additions and alterations because it's not worth their time. I figured this might be the case as well and maybe an opportunity for me to fill in this gap.

My thought would be to offer services to investors and general contractors who are flipping or remodeling a home and could use some permitted alterations that require plans to be submitted to improve floor plan or usable space. Volume of work would not be critical either as this would only be a side job and one person operation.

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