All Forum Posts by: Kirk Zacharda

Hi Michael, I am a licensed electrical contractor in San Diego and have been for 20 years. We have a lot of aluminum wiring through out SD and I do sometimes get called to pig tail all plugs out with copper in order to pass a home inspection. The only unsafe part of the wire is where the connections are made to plugs and the breakers. I cant speak to your area of the country but I have yet to hear that homes are not insurable with aluminum wiring in my area.

Good luck. By the way how big is the house.

Hi Karen, yes I want to build a rehab business. I am exploring re habing Multi family vs Single family. Wow spec houses. Havent heard much of that going on in a while. Are you buying infill lots and building. What are the sizes of the Specs.

Thanks William I will for sure go with the later. Are you flipping Luxury

Homes in OC. Is the competition just as fierce in that niche.

Thanks for the feedback.

Thank you Joel. Funny I listened to the Luxery home

Pod cast and William was the guest. I will

Contact him.

Hi my name is Kirk Zacharda and I am absolutely thrilled to be a new member of this community. I have lived in San Diego area for 25 years and have owned and operated an electrical contracting business for 20. I have a lot of experience in the residential markets and my business has risen and fallen with the tides of the housing markets here in SD. Its now back on the rise as most everyones is. I have some realestate experience that comes from the school of hard knocks. My wife and I purchased a home in 97 and proceeded to use the equity to finance a business and then to purchase 3 additional homes. We were part of the subprime problem and got caught up in the frenzy. We purchased 1.2 million worth of property without any income disclosure. Needless to say we purchased in 05 and lost all of them by mid 07. I have to say that was the best thing that could have happened to us. We have been on the sidelines for some time due to the really bad taste we had from our experience but have made the decision to get back on in the game. Wiser and more grounded in our life makes it a bit easier.

My goal/our goal is to build a rehab business which will then allow us to purchase cash flowing small multi family. I am not opposed to working outside my San Diego market and I am exploring some of the markets and strategies that do not have so much competition in them. I am fearless when it comes to risk and a sponge for knowledge.

Newbie in San Diego. I have the JV partner to invest in the deals but seeing the challenges of the market. Seems to be alot of investors going after deals under 400k. and looks like they are not using the 70% rule.