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All Forum Posts by: Nai Chao

Nai Chao has started 2 posts and replied 2 times.

Post: Family vacation home

Nai ChaoPosted
  • Posts 2
  • Votes 0

Investment Info:

Mobile home buy & hold investment.

Purchase price: $85,000
Cash invested: $120,000

Bought this property after it was burned and we did a full renovation on it and planning to keep it as a forever home for our family.

What made you interested in investing in this type of deal?

Family Vacation home

How did you find this deal and how did you negotiate it?

Mom

How did you finance this deal?

Paid Cash

How did you add value to the deal?

$300,000k

Post: PG&E Panel upgrade

Nai ChaoPosted
  • Posts 2
  • Votes 0

Hello Everyone,

Im having a problem with PG&E. I upgraded my main electric panel from a 100Amp to a 200Amp due to the new appliances that was added to the property. What was added was 

2 ton Mini split AC, Washer/ Dryer/ Dish washer, 220 EV charger & of course the new 200Amp panel with all new AFCI breakers.

what i was told from PG&E was that they needed to do a calculations to see if the transformers would be able to carry that load or if they needed to upgrade the transformers aswell. My electrical wires are over hang not underground. I've read that it cost more if it's underground. but as of right now i've already got permit from the city of Oakland and the panel was approved and green tagged. Just need the reconnect.

has anyone gone thru the same process and pls explain. they said they would get back to me but if they needed to upgrade the transformers it would take months which i don't have.