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All Forum Posts by: Timothy Chi

Timothy Chi has started 14 posts and replied 88 times.

Post: Anchorage 49th State Meetup!

Timothy Chi
Posted
  • New to Real Estate
  • Anchorage, AK
  • Posts 88
  • Votes 44

I may try and swing by as well! 

Post: Wireless Security Camera Options ?

Timothy Chi
Posted
  • New to Real Estate
  • Anchorage, AK
  • Posts 88
  • Votes 44

I just recently purchased the Lorex Floodlight (wired) and the Wyze Outdoor cam.  I plan to add a small solar panel to the Wyze cameras so I don't have to recharge it. The Lorex floodlight was $180 and the Wyze was about $50-60. Lorex provides a much better video however it's hard to beat the Wyze price

Post: Alaska Specific Lease Agreements

Timothy Chi
Posted
  • New to Real Estate
  • Anchorage, AK
  • Posts 88
  • Votes 44

Post: Looking for tax accountant in anchorage

Timothy Chi
Posted
  • New to Real Estate
  • Anchorage, AK
  • Posts 88
  • Votes 44
Originally posted by @Chris S.:

I use Sramek-Hightower. I was with Cathleen Hahn but she merged with them. She owns some rental properties herself and I have had a food experience with them the last couple of years. Worth checking out 

Thanks. I reached out to them but looks like Cathleen retired. They put me in touch with Rebecca

Post: Looking for tax accountant in anchorage

Timothy Chi
Posted
  • New to Real Estate
  • Anchorage, AK
  • Posts 88
  • Votes 44

Going to purchase my first investment property in Anchorage. I am thinking about reaching out to a tax accountant to help me with my finances. I hope to be as prepared as possible come tax time. Any recommendations?

Post: Cash out 401k to buy 4plex?

Timothy Chi
Posted
  • New to Real Estate
  • Anchorage, AK
  • Posts 88
  • Votes 44

I'm currently under contract on a 4 plex in Anchorage. Living in it for the first year will allow me to use an FHA loan on it and thus I'm only putting 3.5% down. We also negotiated with the seller to pay for most of closing costs. At closing I should be paying for only the 3.5% down plus a little bit in closing, which was quite affordable for me and allows me to scale next year. Just another idea for you!

Post: Apartment Security System

Timothy Chi
Posted
  • New to Real Estate
  • Anchorage, AK
  • Posts 88
  • Votes 44

I was just researching this as well. I was on Consumer Reports seeing reviews of different systems. Arlo seems to have good reviews and doesn't require a monthly subscription, though it certainly offers one.  I believe you can keep the data for up to 7 days as well. Personally don't have it but am strongly considering it.

Post: Advice for Inspection

Timothy Chi
Posted
  • New to Real Estate
  • Anchorage, AK
  • Posts 88
  • Votes 44

Thanks everyone! Our inspection is on Tuesday. I'll post with some updates. Appreciate you all.

Post: Advice for Inspection

Timothy Chi
Posted
  • New to Real Estate
  • Anchorage, AK
  • Posts 88
  • Votes 44

Hi all! Went under contract on my potential first investment property. It's a 4plex. I will be having the inspection on Tuesday and am wondering if anyone has any advice for me - things to look for, ask in the inspector etc.

Appreciate the help!

Post: ISO Lender Anchorage

Timothy Chi
Posted
  • New to Real Estate
  • Anchorage, AK
  • Posts 88
  • Votes 44
Originally posted by @Valerie Buss:

Hi Timothy, will this be a commercial property that you will be living in one of the units, or will it be a SFH? If if it is commercial, I highly recommend Ken Hanley @ First National Bank Alaska. He is great for commercial lending!

Sorry, should have been more specific. A small MFR or a SFH.