Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply
electric panels - Cleveland Duplex
I purchased a duplex, built in 1950s. It has old electric panels. I am not certain that I should update them. Appreciate any input as far as to when should the panel be updated. thanks.
Most Popular Reply
James Wise
#5 All Forums Contributor
#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
- 19,325
- Votes |
- 28,308
- Posts
James Wise#5 All Forums Contributor
#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Originally posted by @Alana Nevares:
I purchased a duplex, built in 1950s. It has old electric panels. I am not certain that I should update them. Appreciate any input as far as to when should the panel be updated. thanks.
Yes you should upgrade them. Not saying you need to do it tomorrow but it's a good thing to plan to do in the near future. Note that a lot of insurance companies are moving towards forcing home owners to upgrade their panels to get coverage.