Quote from @Shuchi Gupta: Hi BP community,Looking for real-world experience from multifamily owners or investors who’ve done a panel upgrade.I have an 8-unit building in Santa Clara, CA, and I’ve received 3 quotes to replace the main service panel & meter bank (9 meters total, including common laundry).What differs across the bids:600A Eaton meter bank Square D panel but amp size not specifiedOne bid includes the laundry subpanelSome bids don't include permit/engineering/stucco patchingPrices range from $19K to $38K some not including permit fees.Current setup:1960s buildingGas water heatersShared laundryUpgraded kitchen appliances over timeAll tenants have window AC units, No EV chargers yetQuestions:Did you go 250A or 600A on your small multifamily upgrade?

No need to break the bankIn terms of art, it does not have to be expensive but needs to fit the size of the wall.

Both remain below the 6.5 months that the Texas A&M Real Estate Center considers a balanced market, but the upward trend continues to move the region closer to equilibrium.Homes spent a similar amount of time on the market compared with last year, with Austin averaging 71 days (down 2 days year over year) and the metro averaging 76 days (up 4 days).

Quote from @Chris Watson: Well, I am not @Michael Baum and pale in comparison to his deals of the day, but this is one all RE owners can use12 Pack of MERV 8 Air Filters is $39.90 ($37.80 for military & veterans)  https://www.homedepot.com/p/HDX-12-in-x-12-in-x-1-in-Standar...Sizes available: 12x12, 12x20, 12x24, 14x14, 14x20, 14x24, 14x25, 16x20, 16x25, 20x20, & 20x25This is a year's supply. 

-The single-family average price was statistically flat at $423,955.

For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general and investing in Las Vegas in particular.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Inventory began rising in late December 2024 and continued through June, but has since leveled off.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents remained stable MoM and marginally up YoY.

In this duplex, each of the units are of equal size.

Hey All,Here is an update on the Allegheny County real estate market for the past 7 days (data pulled from the West Penn MLS)Total price reductions went up to 737, compared to this year's average of 390Number of expired listings went up to 229, compared to this year's average of 117Sales price to list price ratio is 97.61%, compared to this year's average of 98.34%Average sales price is up 13% compared to this year's average Listings sold in the last 7 days are up 17% over this time last yearAverage days on market is 41, staying around the average of 43 for the yearOverall, we saw a market correction from the previous week for total new listings, pending listings, and sold listings.

These are the exact areas I dig into as well, because they quickly reveal whether someone can realistically meet the participation requirements that drive STR tax benefits.Understanding W-2 demands, average stay length, hands-on involvement, and the dynamics with a property manager tells you almost everything about how the STR will perform and how the tax strategy should be structured.Most investors underestimate how much these factors impact both their numbers and their ability to use the losses.

A decent size duplex should be a comfortable house hack for a family of 4 starting out.