All Forum Posts by: Kyle Curtin

@Jonathan Bombaci

Hi again Jonathan! Thank you so much! I will definitely reach out and would love to chat!

Hi there! I am a full time HVAC Technician and part time agent who is learning real estate investing and has started going to REIA meetings! I would love to talk to anyone in my area that is a landlord/investor/financially free and give them any value that I can. I am planning on househacking my first house either next year or the year after depending on how things go! Thank you!

Congrats! Heres to many more properties!

Hi everybody! I am very carefully reading Craig Curelop's book "The Househacking Strategy" from Bigger pockets and am looking to own my first househack by 2 years from now. I would love to hear everyone's stories from their first househack!

@Anthony Wick

Thank you so much Anthony! I understand that there are many more questions to ask and get answers for and I like that much more that taking an educated guess. Thank you so much for the advice!

@Matt Vezina

Thank you so much Matt! That makes a lot of sense that I need another piece of the puzzle. Thank you so much for the advice!

Good morning everyone!

I am running all of the numbers on the first positive cashflowing duplex property I found on Zillow.

I got to the utilities, and found the town rates for sewer and electrical, but how does that factor into my expenses? How could I make an educated guess to ballpark how much they are using? Are these the right numbers that I am working with?

Sewer:

Minimum quarterly charge- $10.00/quarter

Sewer fee rate- $6.32/100 cubic feet for first 1000 cubic feet

Sewer fee rate- $7.12/100 cubic feet for all usage over 1000 cubic feet

Electrical:

Delivery services:

Customer charge- $5.60/month

Distribution charge- $2.97/ kWh

Transmission charge- $2.308/ kWh

Supply services:

Generation charge- $7.30/ kWh

Purchase power adjustment- $0.43/kWh

Hydro Credit- -0.66/kWh

All help is appreciated thank you!

@Lior Rozhansky

That is very true, that is a very good avenue that I could take. I love how creative one can be in this business and I may have to try something like that! Thank you lots for the advice!

@Whitney Hutten

That is a very good point, and I have not really thought about it like that! Counting on mostly just appreciation is definitely not something that I would be into, however if I could refinance with a 20% down loan from the equity in the property, then it could very well get the ball rolling 🤔

@Kiera Underwood

Thank you Kiera, I never really thought about it like that, I will have to look into those! Thank you lots!