Technological advancements are reshaping the real estate industry for investors in various ways:Data Analytics: Advanced tools offer insights into market trends and investment opportunities, aiding informed decision-making and risk assessment.Virtual Reality (VR) and Augmented Reality (AR): Remote property exploration with virtual tours saves time and resources, attracting potential buyers or tenants and expediting transactions.Blockchain: Secure transactions via smart contracts reduce intermediaries, costs, and fraud risks in property dealings.Online Platforms and Marketplaces: Digital platforms broaden access to properties, investment options, and real-time market data, enhancing efficiency and transparency.Artificial Intelligence (AI): AI algorithms predict market trends, identify investment opportunities, and personalize recommendations based on investor preferences.Internet of Things (IoT): IoT devices provide real-time data on property performance, enabling cost reduction, efficiency improvements, and better tenant satisfaction.Crowdfunding Platforms: Real estate crowdfunding democratizes investment access, allowing smaller investors to participate in projects previously out of reach.In summary, embracing these innovations enhances efficiency, transparency, and accessibility in real estate investment, enabling investors to capitalize on emerging opportunities and stay competitive in the market.Thanks!

Most of the time it's a scenario where they take a photo (And mark it with a red box in the actual report) of a quarter sized hole on the siding of the house and make a request like "Structural engineer needed for further inspection" lol.

A study published by the CCIM institute looked at 50 years of history and reverse-engineered the interest costs of 5-year fixed and floating loans over 562 starting points and found that floating rate borrowers “won” 72% of the time.

Training is nice, but very often the real world proves that it only goes so far.I have hired dozens of interns in my previous W2 engineering job and each and every one of them was surprised at how much they didn't know.

Have a wholesale and flipping process more firmly established (albeit still low-key) in order to keep a cash-generating engine in place.

Disclaimer - I am not an CPA or attorney but I became financially free doing this for myself after 10 years working as a w2 engineer :( and I am sick and tired of seeing highly educated and hard working professionals getting stuck in the rat race because we deserve financial freedom and the option to do more with it.If you are able to implement a real estate professional status tax strategy (REP) you can use passive losses from syndication deals to lower your ordinary W2 income.

@Grant GibsonGo through BP by doing the reverse engineering.

I recall a case where a court held that the act of having engineering plans drawn up was the first act of visible construction.A quick review of DC's lien provisions appears to show that a sub's lien rights relate back to the date of first work and the sub has up to 90 days after completion of the project to file so someone who close on a purchase of the improvement 60 days after completion may wake up to find a lien has been recorded the next day so it's not gap matter, it's a post-closing matter.

Hi I'm currently a student in college studying Mechanical Engineering and a friend and I are looking to invest in Real Estate once we graduate in May.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.