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All Forum Posts by: Paul M.

Paul M. has started 35 posts and replied 160 times.

Post: Installing EV Charger for Tenant

Paul M.Posted
  • Medford, MA
  • Posts 161
  • Votes 35
Quote from @Carroll Lee:

Install a Chargepoint home flex, split the costs with the tennet and you can get an accurate accounting of just how much energy is used and how much it cost based on rates and time of day. 


ChargePoint Home Flex | ChargePoint


 Tell me more about the chargepoint Home Flex.   My research up to now says that if I install a J1722 outlet that that is a level 2 outlet that will work for all electric cars.   Is the Chargepoint Home Flex a type of J1722 outlet that has monitoring too?

Quote from @Chris Seveney:

@Paul M.

Not happening in todays world


 Elaborate?

Yes short sale happened in 2008, but the 70s activity was not for delinquent borrowers.    


That is an interesting perspective that lower rate loans might be more valuable to servicing companies.   Though that also would have been true back in the 70s.   And servicing companies not necessarily the same as owners of debt?   

In any case, this is an idle question, at least for now.   

I remember hearing stories from my finance professors about how when interest rates were high in 70s the banks would offer mortgage borrowers a chance to payoff their loan at a discount to the principal balance.   Presumably the discount offered was less than the delta between bank's cost of capital and the mortgage interest rate.   With all the consumers that have mortgages in the 2-3% rate, how high would mortgages need to be before mortgage companies want to get rid of them?    Purely theoretical fantasy at this point, though it did happen in my lifetime (I was a toddler at the time).

Post: Zillow new fee structure etc

Paul M.Posted
  • Medford, MA
  • Posts 161
  • Votes 35

Zillow used to cost $9.99 to post a rental, I was cool with that, good idea to weed out spam listings that would hide mine.  Now it seems to be either free or you can pay 29.95 for a premier listing.   I did it for free got tons of replies.   What would premier listing have gotten me, has anyone done that?   

Also with Zillow, a large chunk of the replies were generic "so and so would like to see this property" I think there is a button they can push to generate this with little effort.   I generally only want to do a showing to someone who writes me a personalized note so I know I'm not wasting my time, that they actually read the posting and matched up against their needs.   With craigslist I tend to get more actual emails from prospective tenants.   Just wondering what others' insights are on this.

Finally on the subject of that initial prospective tenant message I have been thinking about how buyer's letters that accompany offers on homes being sold are now discouraged/frowned upon (due to fair housing concerns) at least in my woke region and are those concerns coming for rentals too?   Where I will not be allowed any information whatsoever on the prospective renter they will do showing then it will turn out they are looking for a different start month or something.   I don't care at all any of the protected class characteristics of a tenant, I only want to gauge will they like the place can they afford it, so I can do fewer showings.

Post: My apartment is not renting, my agent says price is not the issue

Paul M.Posted
  • Medford, MA
  • Posts 161
  • Votes 35

Hardwood floors instead of carpet?   Gas (or induction) stove instead of electric?   I don't know your market those are the 2 things that come to mind watching video.   Provide the laundry machines instead of just hookup.   Also is this multiunit building?   Might want to specify what area of outside space is common.     I mean the posting looks good, is it on zillow too?     Or lower price.   If they say price isn't the issue, what do they say is the issue?  What is the economy/vacancy like in that area?

Post: 5G cell service implications

Paul M.Posted
  • Medford, MA
  • Posts 161
  • Votes 35

I am in a tech hub (Boston) and I'm trying to go for class A rentals.   I can run ethernet myself, cost is not really an issue, materials are next to nothing, I have a big spool of cat6 in my storage room the terminations in a box, it is just is there a chase to make it happen.   And with work from home even if I wasn't in a tech hub people everywhere are working from home and doing more and more with internet.

Post: 5G cell service implications

Paul M.Posted
  • Medford, MA
  • Posts 161
  • Votes 35

What does upcoming 5G service mean for landlords?   I gather cable companies will be displaced as internet service providers.   Currently cable comes into house, connects to modem than to router which sends out wifi signals and also through ports and ethernet cords.   I've been making efforts to wire my apartments for ethernet, because it is a faster more reliable connection than wi fi, though wifi is sexy it is just not as good besides the convenience factor of walking your labtop around the apartment.  But if the source signal is 5G wireless cell service does that make ethernet meaningless?

What other implications?   Tenants bills will go down?   Landlords will have cheap monitoring connections for systems?

Also why don't we have a construction/maintenance forum?   Real estate investing isn't all about finance strategies, at some point you have to manage the product.

Post: Cozy???

Paul M.Posted
  • Medford, MA
  • Posts 161
  • Votes 35

I see cozy is now merged with apartments.com.   I don't if that means it is the same service in the apartments.com umbrella or if cozy users have been moved to apartments.com version of the service.   How are people feeling about cozy these days?    I am in search of a web platform for applications/credit checks, tired of doing paper applications.   I already have an electronic payment service.   

Post: Package delivery security solution

Paul M.Posted
  • Medford, MA
  • Posts 161
  • Votes 35

Anyone have some sort of security system for package delivery for an apartment building?   Some sort of locker/box that somehow delivery people have a key to but thieves would not (or at least most of them would not or would be most likely to move on to someplace easier).   Considering as a tenant amenity, there is some porch space, tenants have only one reported 1 package theft over my 2 years of ownership though being in a city it is not rare to hear about.   I have no idea what the leading options are.   Or perhaps I could construct something myself.