I’ve personally just closed on my 4th in 3 years and even just the two I bought last year have netted me a starting engineer salary 👀!  

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

But when you are really ready to get going, you would engage a civil engineer and/or an architec, and eventually a general contractor/builder.

.- Robust investor portal -> portal not actively used.- Direct investment in the deals -> one of the deals turned out to be a fund of funds investment.- Prompt & transparent communications -> very poor, e.g. in Apr 2024 I was informed the property had been foreclosed in Dec 2023. - Lead operator in the deals -> well not really. 

Pair these steps with robust tax planning to manage profits and losses effectively while aligning your portfolio with long-term goals.This post does not create a CPA-Client relationship.

Benefit from Continued Appreciation: Real estate in Austin and San Antonio has shown robust appreciation over the years.

Now I am in the early stages of development.I am working with a consulting firm to help with a concept plan, engineering, and to get the city to sign off on everything.

Established over 40 years ago, NCREIF serves the institutional real estate investmentcommunity as its Data Central, representing the largest, most robust and diverse database of country-specific real estate assetsin the world.

Based on the value of a property you can likely get away with a inexpensive desk top study such as condos and you will require a more comprehensive engineering study for larger properties like a 4plex.Desktop / modeling options are sometimes good for smaller residential like you mention. 

I'm a full-time active real estate investor (former engineer) in Edmonton with 32 doors, and another 24 under contract.