All Forum Posts by: Charles Campbell

Good question.  I just handled this with another situation where a customer did not get her electric changed over on time.  I used the daily kwh usage x the average loaded cost per kwh (with all fees and surcharges included).   Invoiced her through cozy with all the math included.  I did not get non-payment/late payment repercussions in the lease for added fees, but will in the future.  

Have not but I will be once I get them ordered and installed I will just add an additional payment through Cozy.    In addition I have some other buildings that currently draw off the tenants meter and I plan to sub meter them to reimburse them for the power.  The tenant and I will both read the meter for transparency purposes.  

Thanks for all the valuable input.  I appreciate all the replies and plan to contact @Andrew Postell for more information.  

In this market I am having trouble finding loans for investment properties that are long enough to make the properties cash flow.  Best I have found with limited research is 20 yr fixed or a 25 yr variable that resets every 3 yrs.  I am looking to invest in Ellis County TX, but I would be willing to work with any DFW lender or even remotely if required.   Any leads are appreciated

Thanks Mike.  I will keep that in mind.  

My name is Chuck Campbell.  I live in Ellis County Texas and I have been following these forums lately and found them very helpful. I thought I would just jump right in and join to increase the benefit.  A little about me and my goals albeit most a lazy copy and paste from the profile page.  

Just retired and I am currently interested in SFH, small multifamily investment properties, or smaller track of land in the county that could be built out. My past experience includes rehabbing my current home 33 years ago, and then a SFH we rehabbed and rented for a few years, selling for a profit. Owned a car wash for a few years as well. My 40 year career was in industrial management, sales, and sales management. I would now like to focus on trying to provide reasonably price rentals property. I would like to perhaps manage one longer term flip (12months to secure LTG) and one longer term rental. Perhaps some raw land in Ellis county I could place a few well built modulars on...or stick build when I find a dependable builder who is willing to build lower cost homes. I am open to other options. Not really looking to become a big time investor, but keep myself engaged, perhaps improve my cash flow a bit on a tax advantage basis, and build net worth over the long haul. Currently have some cash, loan pre-approvals from two local banks and a Heloc, so I think I am ready to get started.

Ok, that's pretty much the boiler plate.  Hope I didn't bore you.  I Hope to lean more every day on this site.  Thanks for listening.