All Forum Posts by: Justin Tahilramani

I'm interested in buying an investment property with a storefront about 1000 sqft and a 4br residential dwelling attached to it. There's a LT tenant currently living in the residential apartment but the commercial space has never been rented out for the past 2 years. I'm not sure if the owner even tried to rent it out. Area demographics: half is Spanish speaking, median income is about 38-40k, 40% white, 22% black, 21% latino. I need to find a way to utilize the storefront since I doubt I'd be able to rent it out in this COVID market. I was thinking about converting the storefront into a small storage facility but I'm not sure how that would work yet. Anyone has any idea on how I can rent out the small commercial space?

This would be my very first investment property! Id really appreciate it. Thank you.

@Justin Tahilramani Great system.  Is your land a mobile home park? Do you keep adding pads and septic for each unit? Are you zoned for a certain amount of homes? 

Hi everyone, I am looking for electrical advice. I am on the HOA board for a resort in Mexico that was built in 2000. There is a small electrical service in each condo, that I would guess has less than 100 Amps. Wiring is original, and to Mexico standards, not US standards. I.e. not the best.

A couple of condo owners have decided that they are not happy with the temperature or reliability of the "hot" water supply and are looking at installing electric tankless water heaters in their condos.  There is no gas service, so it would have to be electric.

One owner is considering an EcoSmart 18.  The web site says it's for condos/apartments; it is listed at 1800 watts.  The specs say 75 A draw; 2 x 40A breakers; and 2 x 8 AG wires.  

What do you think?  To be determined, but let's assume there is enough space in the electrical service box for the 2 x 40A breakers.  How safe is this from an electrical perspective?  Is there a risk of fire?  Is there a risk of affecting other condos' electrical supply?

Thanks!