All Forum Posts by: Andrew S.
Andrew S. has started 51 posts and replied 1006 times.
Post: 60Amp Power generator cable -- where to buy?

- Investor
- Raleigh, NC
- Posts 1,048
- Votes 708
Originally posted by @Bob B.:
If Northern Tool doesn't have it you will probably need to make one.
Good Luck
I was afraid of that.... seems crazy that they sell a generator but not a cable to actually use the generator... well, there are other outlets but none of them higher than 30Amps
Post: 60Amp Power generator cable -- where to buy?

- Investor
- Raleigh, NC
- Posts 1,048
- Votes 708
Originally posted by @Bob B.:
It's a NorthStar dual fuel
Post: 60Amp Power generator cable -- where to buy?

- Investor
- Raleigh, NC
- Posts 1,048
- Votes 708
Originally posted by @Bob B.:
RV store.
Thanks Bob - I have scoured several of those online but no luck yet. 14-50 (50Amp is relatively available but the 14-60 (60Amp ones) seem extremely rare.
Post: 60Amp Power generator cable -- where to buy?

- Investor
- Raleigh, NC
- Posts 1,048
- Votes 708
I have a portable power generator that has a 60Amp NEMA 14-60 receptacle and I need to connect that to a transfer switch with a CS6364 type socket. Does anyone know where I might be able to buy such a cable? I'd love to have a 15-20 run, but can make do with a 10ft cable.
All I can find (and even that took some searching) is a 50Amp cable with 14-50 plug on one end and the desired CS6364 connection at the other.
Is there a supplier I have not come across yet, or is there an easy fix. The 14-60 plug has one u-shaped and 3 straight/flat terminals. The difference between the 14-50 and 14-60 is that the middle flat terminal is aligned with the other flat terminals for the 14-50, and it is turned 90 degrees for the 14-60
Any thoughts?
Post: Best products to insulate rigid metal AC ductwork

- Investor
- Raleigh, NC
- Posts 1,048
- Votes 708
Thanks @Adam Morgan@Bryan Williamson - I have also found "softR® Duct wrap frk" from Corning. Any experience with that?
http://insulation.owenscorning.com/assets/0/428/429/440/a90fc7ca-79da-4323-8f86-10ddb7ae1d0f.pdf
Post: Best products to insulate rigid metal AC ductwork

- Investor
- Raleigh, NC
- Posts 1,048
- Votes 708
I have a fairly long stretch of rigid metal ductwork in he crawl space of an mid-50-ies property. Just blank metal. I suspect I have substantial energy losses because of it, but even worse, humid Summer weather is closing in and I bet I'll get water condensate like crazy.
So, I'd like to insulate this ductwork. Are there any special products out there for this purpose or should I just try to wrap things like water heater blankets as best as I can? Does anyone have experience with this?
Post: I Want to Acquire Student Housing for My First Hold, But I Don't Know How

- Investor
- Raleigh, NC
- Posts 1,048
- Votes 708
While it may sound good to house two students per room for $1000 each, keep in mind that students usually share rooms in on-campus housing and one of the reasons why they want to move off campus is so they can have their own room. At those prices, I think I'd want my own room too - although you may be in a particularly expensive part of the country....
As far as allowing sub-leases, yes, you can prohibit them in the lease, but for most students that simply means you just jacked up the price by 25% because they have to pay for the whole year while they only use 9 months. So, as someone else said: depends on what your competition is. Someone also already mentioned that it will be pretty difficult to police sub-leasing and they will try it anyway, regardless of what the lease says.
Post: What is the point of hard money if you need a downpayment for it?

- Investor
- Raleigh, NC
- Posts 1,048
- Votes 708
Originally posted by @Account Closed:
@Andrew S. if you get a 14 day contract on a short sale there's no shot at a 203k loan to close it!
Exactly - and THAT is when you pay up for a hard money loan. Like I said, these products all have their place and use. If you need the speed or flexibility, you'll be willing to pay a premium for the HML.
Post: What is the point of hard money if you need a downpayment for it?

- Investor
- Raleigh, NC
- Posts 1,048
- Votes 708
Originally posted by @Thomas Quinn:
Hard money will loan on properties that the 203 would not touch. Most investment loans are going to require 20% plus down. Also hard money can close faster than conventional loans
I second that comment. If you have a real choice between a HML and a 203, you'll always take the 203 as it is MUCH cheaper. HML have a place for when other options are not available because of restrictions, qualifications, credit scores (HMLs tend to led based on the deal/collateral, less on the credit score), time constraints, etc. They are VERY expensive but they do have a place for the right circumstance.
Post: Crowdfunding

- Investor
- Raleigh, NC
- Posts 1,048
- Votes 708
Originally posted by @Lisa Henrich:
Has anyone ever used crowdfunding to finance real estate? If so, was it successful? I currently work full-time and have two rental properties. I would love to acquire more properties in a timely manner...without just having to save up the cash for the acquisition. Any insight would be great.
Thanks!
Lisa
There are many portals that specialize in crowdfunding real estate (search here for many examples and threads). However, these types of funding sources are much more short-term than you'd likely want to consider for a typical buy-and-hold, unless you are ready to refinance out after say a year or so. They are more akin to hard-money loans.