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All Forum Posts by: Michael McCartney

Michael McCartney has started 7 posts and replied 88 times.

Post: Duplex Opportunity in San Antonio

Michael McCartneyPosted
  • Investor
  • San Antonio, TX
  • Posts 89
  • Votes 17

Also I could be wrong but I feel the price you estimated for foundation work and water heater replacements are a little high. If you're over estimating then that's great. I have a house that is getting foundation work done now. They are replacing 30 piers and all the beams that run front to back and total cost is way below $15k. It's actually under $10k. Just a heads up. You might/probably have more experience with that stuff I just thought I should share.

Post: Duplex Opportunity in San Antonio

Michael McCartneyPosted
  • Investor
  • San Antonio, TX
  • Posts 89
  • Votes 17

I have a house in Beacon Hill which is pretty close to LA Heights. I know the neighborhood association is working with the city and Union Pacific on making all the railroad crossings in my neighborhood "no horn" crossings which helps with the sound a lot.

The neighborhood association in LA Heights might be doing the same thing. But since you passed on it, it probably doesn't matter. Maybe if something else comes up near a railroad track?

Post: Mike Wolf Mastery

Michael McCartneyPosted
  • Investor
  • San Antonio, TX
  • Posts 89
  • Votes 17

I would second what @Rick Pozos said. Don't waste your money. There are countless posts on here about how these type of "classes" are a complete waste of money and time. I don't know much about that specific class but if they are anything like the other guru classes then I would turn and run.

You would be much better off using the money you would have spent on the classes on an actual deal.

Post: San Antonio Electrician DIY

Michael McCartneyPosted
  • Investor
  • San Antonio, TX
  • Posts 89
  • Votes 17

@Barbara G. I did not realize that rule about the homestead. The house is a duplex and I will be living there but I plan on doing work on one side and living on the other but they have separate addresses so I wonder if I can pull a permit for the property or would it be a separate permit for each unit.

Post: San Antonio Electrician DIY

Michael McCartneyPosted
  • Investor
  • San Antonio, TX
  • Posts 89
  • Votes 17

@Chad Clanton Yea that's what I need the electrician for, to tell me which wire goes where based on the wire diagram we draw up. I will let you know if I run into any problems.

Post: San Antonio Electrician DIY

Michael McCartneyPosted
  • Investor
  • San Antonio, TX
  • Posts 89
  • Votes 17

@Chad Clanton You're right. It is dangerous to do all by yourself. All the appropriate permits will be pulled I am just looking for a way to cut down on my costs. I think the most time consuming part of the process is getting the wire from point A to point B. I can have the electrician hook up the wires to the breaker box and I find a way to get it to the room or outlet it needs to go to.

Post: San Antonio Electrician DIY

Michael McCartneyPosted
  • Investor
  • San Antonio, TX
  • Posts 89
  • Votes 17

I have a rental property and the electrical works fine but is very old. I believe the house needs to be rewired but the price for an entire house rewire is very expensive. I was wondering if anyone knew an electrician that would work with me to get the job done. I am small and young and can do all the difficult stuff like running wires through walls and all the other physically demanding and time consuming tasks that comes with the house rewire. What I am looking for is an electrician to help me and charge me for

1. Set up a plan and diagram

2. Tell me the best way to do it and allows me to do most of the work.

3. Inspect my work and make sure everything is up to code

4. Minimal help on certain areas here and there.

There will not be a tenant in the property at the time of the rewire and I am aware of the drywall patching that will need to take place after. All appropriate permits will be pulled and electricity will be cut while I am working. A few of the electricians I have used in the past are usually pretty busy. Ideally I would like to have a semi retired electrician that does jobs here and there. Any input or recommendations would be greatly appreciated.

Post: Pier & beam levelers in San Antoinio

Michael McCartneyPosted
  • Investor
  • San Antonio, TX
  • Posts 89
  • Votes 17

@Seth Teel do you know what kind of warranty these guys provide? Also can you send the contact info of the engineer you use? 

I love seeing your posts because they are always on point and very insightful. 

Post: Replacement Window Measurement

Michael McCartneyPosted
  • Investor
  • San Antonio, TX
  • Posts 89
  • Votes 17

@John Warren

Do you mind sharing your costs for the windows and the cost of labor to replace them? I am thinking about getting all new windows in my house and was just curious of the prices involved.

I agree with Rocky. Your mortgage is probably at a low rate meaning its cheap debt. It might be better to use that money to purchase another property, something that will give you a higher rate than your mortgage loan.