Jamie Hora
10-Acre Subdivision - Project Completion- DFW Area
13 November 2024 | 8 replies
Once we have platted lots all engineering details are done .
Jeff Sitti
$100k Inheritance - What would you do?
19 November 2024 | 19 replies
A college student getting an engineering degree should consider different approaches, even if he decides to deploy some/all of the inheritance in real estate, than a high school dropout working a minimum wage job.
Jamie Parker
Reinvesting in the business (How to structure paying self)
15 November 2024 | 17 replies
In my first stint in real estate, I thought reinvesting in the business was keeping the marketing engine running.
Phil Capron
Subdivision Development Questions...
12 November 2024 | 6 replies
if the timber is merch you should get a mill in there to bid on the timber.. hire a logger.. profit you use to knock the stumps out.your civil engineer should be giving you a preliminary cost to do infrastructure normally they will do these for free since they will be designing it all.. they would be the best bet anyone on line is simply a WAG
David Contreras
Re-subdividing land divsion
13 November 2024 | 5 replies
Probably requires surveyor, and engineer.
Melanie Baldridge
Understanding your depreciable basis:
13 November 2024 | 2 replies
Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.
Williams Herrera
Newbie on Real Estate Investing
14 November 2024 | 8 replies
Hi There very excited to be part of this community, This is Williams Herrera a IT Engineer looking for the financial freedom, hungry to learn how to become a REI, I have saved 40k for my first deal but before that I would like to learn the most to minimize the risks and be able to get my first big deal.If you read this post please, share with me some advices and tips to get immersed in this RE world.
Grayson Grzybowski
Getting Advice with buying Real Estate
11 November 2024 | 16 replies
Currently I am an Engineer, so I do make good money.
John Herold
Best Practices for LVP Floor Installation
13 November 2024 | 3 replies
Hey John, I used be a construction engineer and installed LVP in own house.