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24 November 2015 | 6 replies
the socket outside is rated for 60amps...the panel is 100 amps..
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2 February 2016 | 5 replies
I had to get my circuit breaker panel replaced.
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25 November 2015 | 2 replies
Straight out of high school I served in the military and then spent the past 10 years working in IT.I have finally reached a point where I’m tired of working for the corporate industry on a limited salary while doing nothing for my retirement.For the past year I’ve been watching house flipping shows and decided I wanted to give it a try.Six months ago I bought my first house with a 203k loan that I’m currently living in so I could get some experience.I paid $167,500 for the house and took out $35,000 with the 203k.The house was a probate that had been abandoned for 5 years.Half the house was on a concrete slab that had sunk about 4” in the middle and it was completely outdated.We removed 2 load bearing walls to open up the kitchen, knocked out the back wall, built a new subfloor, and put up a 4 panel sliding glass door to let in some sun light.We installed porcelain tile in the kitchen, stainless steel appliances, new cabinets and quartz counters as well as recessed lighting.We fixed the foundation problems by mudjacking to raise the floors and carpeted the back 3 rooms that sat on top of the slab.As you can imagine we ran through the $35,000 quickly.The 2 bathrooms are still outdated and the house needs new siding.After the renovation we had it reappraised (per the 203k loan agreement) and they said it was worth $215,000.About 3 months after the renovation I attended a 3 day Fortune Builders seminar and come to a realization I probably could have saved about $20,000 if I had systems and processes to follow before I purchased the house.After listening to BP podcasts and hear other people’s experiences I’m quite fortunate I didn’t lose money.This sums up my real estate investing experience.
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16 December 2015 | 7 replies
If half is missing, look for a bad connection to the outlet, at the breaker panel, or maybe a bad breaker or fuse.Usually, there will be a wiring diagram folded up inside the control panel or pasted inside the back of the dryer.
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29 January 2016 | 18 replies
i want to control the whole structure (unless it is truly a steal) the area you are looking at is pretty good overall just be aware of construction issues in that part of town-sewer mains are a bit problem around there-old electrical panels-also the issue with number of owner occupied units can bite you and most likely has him when trying to sell them on the mls etc as fha financing would be out the window.
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2 January 2016 | 25 replies
Yeah, Jason, there's actually a panel in the floor where a floor furnace used to be and it's right where I need to get into the crawl space so relatively easy access.
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30 December 2015 | 6 replies
And Dude, if you pick it up for $40k, I'll give you a FREE ticket to my Self Storage Academy 3 day intensive so that you can learn more about the biz, and present your deal at our "panel of successful deals" session.
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30 December 2015 | 8 replies
The units I used were designed to install under a standard kitchen counter (24in deep), so the back of the unit was not just a flush panel, there was recesses to account for hoses & drains on the washer, and space to route the dryer vent.My units were not much more than I would have spent for comparable set of units, but I did have to order them.
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26 December 2015 | 9 replies
This is predominately aimed at our student tenants who go home to their families between autumn and winter terms (right now) and might think turning off the heat to be a good way to save money.In your case, if you are on the top floor, you would have to be keeping the unit quite cold - i.e. not causing the hydronic system to circulate - for water in a ceiling panel/line to freeze.
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16 September 2015 | 12 replies
@Tomer Ravid the previous landlord was charging $525/month in an area where market rent 5 years ago was $850/mnth for a similar apartment (2 bed 1 bath).What I did was put in over 100 hours of landscaping work, upgraded the appliances, upgraded the kitchens and baths (all as cheaply as possible, for example, I painted pink tile white, used thermoplastic panels and liquid nailed them over the old tile backsplash, laid down new vinyl floors over the old nasty vinyl, etc) and was able to take very nice pictures and market the property very well.I also allow dogs, so that is a huge competitive advantage in the area.