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23 February 2024 | 3 replies
This rental property will be designed with a keen focus on generating a healthy cash flow.Project Blueprint:Budget: Allocated at $200,000, covering construction and all related expenses.Focus: To merge energy efficiency, durability, and tenant comfort with cost-effective construction strategies, making the rentals both affordable and sustainable.Location: Currently scouting – I'm open to suggestions and insights on ideal locations supporting this vision.Strategic Planning:Efficient Design & Planning: I'm considering compact, multi-functional layouts to optimize space usage and incorporate cost-saving construction methods without compromising quality.Sustainability & Efficiency: The plan includes investing in top-notch insulation, air sealing, energy-efficient systems, and sustainable materials to reduce the building's carbon footprint and operational costs.Budget Management & Cost-Saving Initiatives: Careful budgeting and exploring value engineering options are crucial, alongside seeking out grants or incentives for energy-efficient building projects.Community & Sustainability Goals: To create shared amenities to foster a community feel and implement systems encouraging tenants to monitor and reduce their energy consumption.Seeking Community Insights on:Cost-Effective Building Strategies: How can I ensure the project remains within budget while achieving high sustainability and efficiency standards?
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22 February 2024 | 12 replies
next one of this age the thing to do is hire the structural engineer on top of the home inspector if your worried about it.
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23 February 2024 | 6 replies
Auction- with engineered development plan. 4.
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24 February 2024 | 7 replies
Also recognize that if there are more defaults in the association, again your buyer pool will be very low as investors typically do not like condos and most owner occupied borrowers do not have cash.IF I was buying that many units I would also have a third party engineering study done or ask the HOA when the last one was done.
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24 February 2024 | 1 reply
Your city's planning department will have a form to fill out or other method to communicate with AT&T's Engineering Department.
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22 February 2024 | 6 replies
Borrower currently goes with LENDER A, but LENDER A ends up with very high interest rate and fee.To do price match, I would like to ask whether I need to show LENDER A the lower rate & better fee from LENDER B's rate engine on their portal?
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25 February 2024 | 28 replies
@Alex KosleyI agree with the above comments to pay off 401k loans and the car loan and your $850,000 home being a large expense and obstacle.What other investors have told me is to reverse engineer and figure out when I want to quit/retire early from my W2 job (with an option to work on a contract part time basis) then determine what I need to do to as far increasing rental income, buying rental properties, decreasing expenses, etc.
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24 February 2024 | 9 replies
About 10 years ago Rochester, NY stopped performing these inspections and now requires the owners to hire a licensed architect or professional engineer to make the inspections.
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23 February 2024 | 387 replies
I also happen to be a front-end engineer, but in SF.
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1 September 2016 | 4 replies
I feel with my Engineering and MBA background, this is something that really suits my skill-set and something I can sink my teeth into.