All Forum Posts by: Nick Harrington

As long as you own it and pull the proper permits, you can pretty much do anything yourself, but a better answer would be to check your local/state laws and requirements as there may be a few specific things you must be licensed to do the work.

The only concern related to this would be an unlicensed contractor doing work on a property that he doesn't own. This doesn't apply to you as you are inquiring about doing work on something you own.

Honestly, if you consider Four by Four dangerous and you only have the budget to invest in similarly priced neighborhoods, I wouldn't consider investing in the City. I personally think Four by Four is a really good rental neighborhood with good proximity but if you don't feel comfortable going there then don't buy anything there.

I don't own anything yet in that neighborhood but when the right deal comes along, I will. I've walked around Four by Four looking at houses and never felt unsafe (during daytime, of course). 

Judging neighborhoods by crime stats is the wrong approach to investing in Baltimore.

Thanks, I will have to take another look at the lines and look into replacing it at the meter. If I end up not going down that route, can I reduce the diameter from current 3/4" galvanized pipes to the new 1/2" PEX or does the PEX have to be 3/4" too?

I noticed the link isn't working, I am trying again below:

http://www.homedepot.com/p/SharkBite-1-2-in-Brass-Push-to-Connect-x-3-4-in-Female-Pipe-Thread-Adapter-U068LFA/202270498

http://www.homedepot.com/p/SharkBite-1-2-in-Brass-Push-to-Connect-x-3-4-in-Male-Pipe-Thread-Adapter-U116LFA/202270503

Thanks, I assume I would use that compression fitting if I was to connect the new pipes to the galvanized where it has been cut off, but what if I connect it to where it is threaded, I would need to use something like this? Right?

http://www.homedepot.com/p/SharkBite-1-2-in-Brass-...

Also, if my current galvanized pipes are 3/4", do my new CVPC or PEX need to be 3/4" too or can I reduce it to 1/2"?

I want to tackle replacing the water lines to the kitchen sink myself and have a couple of questions, how do I connect the new CPVC lines to the old galvanized lines at the point where I will be cutting out the old galvanized line? I don't see any fittings made for this purpose ( I may have missed it ) and I cannot find any answers on google.

I might end up going with PEX pipes, if so, is it the same as far as how to connect to galvanized lines goes?

Get a job and start saving money. Real estate requires money regardless of what you have heard or read. Start building your credit too, get a credit card if you don't have one yet and make sure you pay your payments on time.

Regarding whether to become a CPA or take another different path, that's something you have to ask yourself as it is your future so you should be making those decisions for yourself.

If you want to work in the real estate industry then majoring in it would help you stand out from the rest of the applicants. If you simply want to learn more for personal knowledge, then I would just take some classes as an elective and get your feet wet by doing actual deals. You will learn a lot more by losing $10k on a deal than paying $10k for classes in real estate at your university (assuming you already have foundational knowledge).

If you feel weary, perhaps it is best to put any real estate investing ambitions on hold, go get a job, raise some capital, and build your credit and restart your investing ambitions once you are better prepared.

There is no way this is real, no lender would lend almost $1MM to someone who has no investing experience. I'm not familiar with this type of scams but I would assume once they have you hooked, they will start requesting personal information or funds from you.

May I ask how you found/met this "Bianca"?

I noticed in one of your earlier posts, you  mentioned using engineered hardwood, I have those in my home and I would never use it in a rental as from my experience they scratch and chip much easier as the wood is a lot thinner and you cannot refinish them when needed. I would go with a good thick hardwood or a high quality laminate, depending on what your comps are showing.