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17 November 2024 | 5 replies
I'm a full-time active real estate investor (former engineer) in Edmonton with 32 doors, and another 24 under contract.
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5 December 2024 | 554 replies
Because just like everything else - computers, cell phones, gasoline engines, they are becoming smaller, more powerful, and more efficient.
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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.
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16 November 2024 | 3 replies
Condos are starting to get condemned, which means people are having to vacate units.I'm telling you right now, I'm a JD (not a practicing attorney) in Florida whose business is being an insurance expert for carriers, working with engineers.
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13 November 2024 | 8 replies
Once we have platted lots all engineering details are done .
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15 November 2024 | 17 replies
In my first stint in real estate, I thought reinvesting in the business was keeping the marketing engine running.
13 November 2024 | 5 replies
Probably requires surveyor, and engineer.
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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
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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.