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30 August 2016 | 12 replies
I'm an engineer with a background in finance.Would be great to meet a mentor that could lead me in the right direction so I can get started on the right foot.My goal is buy and hold for rental income--build a portfolio.
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4 December 2016 | 47 replies
On a typical project, here are the contractors I'll probably use:- Demo- Roofer- Painter- Carpenter- Plumber- Electrician- HVAC- Window Company- Tile Guy- Carpet Guy- Hardwood Guy- Cabinets/Countertops Company- Termite Inspection- Landscaping- Garage Door Company- House CleanerIn addition, on many projects I'll also use:- Drywall Guys- Insulation- Surveyor- Structural Engineer- Inspectors- Concrete Company- Driveway/Paving Company- Grading- Tree Trimming- Shower Glass CompanyFor big projects, new construction:- Architect- Civil Engineer- Foundation- Asbestos Removal- Sediment Control- Excavation, Dirt Hauling- Interior Sprinklers- Stone WorkEach of those contractors will typically get between 1-4 draws, depending on the scope of the work they have for the project.Then there are materials and other non-labor costs:- Permits (0-3 transactions per project)- Porta Pottys (0-3 transactions per project)- Home Depot Materials (3-5 transactions per project)- Dumpsters (1-3 transactions per project)- Paint Purchase- Cabinets/Countertops Purchase (2-4 transactions per project)- Flooring Material Purchase (1-2 transactions per project)- Specialty Material Suppliers (0-10 transactions per project)- Utility/Service Installation (0-5 transactions per project)- Private Inspections (0-5 transactions per project)- Insulation/Airtightness Tests- AppliancesOn top of that, I will potentially write several checks to:- Title Company- Property Inspector- Appraiser- General Contractor or Project Manager- Interest Payments- Utility Payments- Tax PaymentsOn top of that, I have my general business expenses:- Accounting- Legal- Interest Payments- Tax Payments- Brokerage Fees- E&O Fees- MLS Fees- Overhead/Office (Supplies, Equipment, Subscriptions, Software, etc)- Telephone/Fax/Internet- Income from Property SalesAll of these easily add up to a couple hundred transactions on a large project or new build, meaning many dozen per month.
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29 August 2016 | 6 replies
Find a structural engineer and a good foundation company...unfortunately, there's not enough information for anyone here to be able to tell you what to expect...
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8 September 2016 | 8 replies
As a software engineer, I highly advise this tactic but you're more than welcome to try it but be aware of its consequencs.
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30 August 2016 | 2 replies
Upon inspection, the house passed with flying colors, I had a structural and Mechanical engineer's letter deeming the home safe.
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6 September 2016 | 8 replies
My real-world experience is in the realm of leadership and engineering.
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7 September 2016 | 9 replies
I graduated from UW with a degree in Engineering and an MHA from WSU.
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1 September 2016 | 3 replies
I work full time in an office doing CADD / AutoCad drafting design work on Civil Engineering projects for the past 15 years.
5 September 2016 | 17 replies
Essentially you need to reverse engineer this thing, and you need more inputs in order to figure out how to do it.
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8 September 2016 | 10 replies
Wordpress websites can range from poor to decent based on the quality of the template but the problem is twofold: Wordpress needs to be updated constantly to address bugs and security fixes (which is a pain to do), and Wordpress is primarily a blog engine and doesn't look great for bonafide websites.From my critical eye, I can tell when a website is made on Wix or Wordpress and not in a good way.