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?

They had what I thought was a respectable company (USAA) and it turns out they don’t cover water damage.

Hi everyone,I own a 12-unit apartment building in Euclid, Ohio (fully master-metered for water/sewer).

Something that we value tremendously (regardless of the appraisers opinion ) and are working on adding an off grid hot tub, outdoor sauna with water side jungle-gym.

No heat, no water, no power are NOT immediate emergencies.So, our emergency system allows caller to leave a vm, which is transcribed to text and sent to whomever is on call.

We leave a bottle of water per guest & a little treat bag.

For a partial sale you run into issues of surveying, subdividing, easements possibly on road access, sewer, water, gas, fiber, etc.  

The borrower didn't move forward because the rate increased due to the lower DSCR, and the borrower was receiving less cash out.This property was part of a larger portfolio that my client was considering refinancing, but wanted to test the waters with 1 property first.

Bathrooms in terms of water exposure. 

I’d be careful with some of the advice floating around out there.Sending out texts or cold calling the wrong person can land you in hot water.