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11 February 2025 | 0 replies
The previous owner who was planning to make a pet hospital had some of the drawings and plan done on this old building.The previous owner also had no plans for addition or extension of the existing building since it requires zoning of a plot which is more time consuming process based on the feedback I received from county and a couple of civil engineering firms that I reached out to.I was provided the following list for civil engineering work.Pre-construction phase1.
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7 February 2025 | 6 replies
I am now working as an engineer in the Twin Cities, but have plans of moving to Austin, TX with my wife to house-hack and work in the more plentiful tech market over there.
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14 February 2025 | 3 replies
It looks likely I'll need a civil engineer which I am looking at now.
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6 February 2025 | 0 replies
Wanted to inquire if anyone has a contact for a structural engineer (on a residential property) in the Las Vegas area (Henderson specifically).Need to get an inspection done on a carport.
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17 February 2025 | 1 reply
Hi there, looking at a commerical solar build out and wondering if anyone has used an SREC platform like Currents or SRECTrade to generate and sell SRECs to improve system ROI.If you're not familiar, SRECs are a market incentive for going solar and pretty robust market in places like PA, MD, DC, VA.Curious what others have done when looking at the math.
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11 February 2025 | 11 replies
Ask me privately.Financial Highlights- Gross Potential Rent: $98,061 per month ($1,176,732 annually)- Total Income (5/1/2023-4/30/2024): $1,357,459.80- Net Operating Income: $896,896.09- Existing assumable loan: $6.7M at 5.38% fixed rate until 2029Value-Add Opportunity- Partially renovated property with potential for further upgrades- Current loss-to-lease suggests room for rent growth- Opportunity to implement operational efficienciesMarket Dynamics- Huntsville's population grew 9.4% between 2020 and 2023- Strong job growth, particularly in aerospace and defense sectors- Significant multifamily supply growth (15.9% inventory expansion in past year)Investment Strategy- Assume existing favorable financing- Implement value-add renovations to drive rent growth- Capitalize on Huntsville's robust economic expansion- Target hold period: 3-5 years to align with loan maturityRisks and Considerations- High market-wide vacancy rate (17%) due to recent supply growth- Potential for market softening due to rapid inventory expansion- Property age may require significant capital expendituresThis opportunity offers a blend of stable cash flow from the existing operations and upside potential through strategic improvements, all underpinned by Huntsville’s strong economic fundamentals.ⓘ This is not an offer, solicitation of an offer, to buy or sell securities.
18 February 2025 | 5 replies
My experience with clients utilizing the large firms is high priced packages that are often more robust than the client's needs at that point.
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17 February 2025 | 5 replies
I can do the parade of horribles for a personally owned rental property but suffice it to say that it is a long and robust parade and the horribles are horrible.
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6 February 2025 | 5 replies
This wasn't the most robust but the price point and them being sort of local (in Oregon) won the review.
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14 February 2025 | 1 reply
You can purchase leads, have a robust CRM, VAs etc.