On this episode of the Best Ever CRE Show, host Joe Cornwell interviews Stanley Stoll, CEO and principal engineer of Knott Laboratories, about the critical role of engineering in real estate investment. Stoll, who leads a forensic engineering firm specializing in aging infrastructure assessment, shares valuable insights on evaluating existing buildings before purchase and throughout their lifecycle. He emphasizes that 99% of structural problems stem from water-related issues and explains how early detection can save investors substantial money through the "rule of fives" - where $5 spent now prevents $25-50 in costs later. The conversation covers how building codes have evolved, the challenges of repurposing historical buildings, and why moisture management should be real estate investors' top priority when evaluating potential acquisitions.
Sponsors:
Vintage Capital
Capital Gains Tax Solutions
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