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?

Invest your college money in engineering or accounting (fields where most millionaires reside) and then leverage your wealth to serve youth.  

The biggest obsical we have is the Engineering drawings for the zoning department. 

Sadly none of our engineers were able to replicate this breakage (thanks Cloudflare!)

.• Real estate at this stage works best as an addition to retirement, not the sole engine — assuming you already have 401(k)s, brokerage assets, etc.

Now, I'm back in the US.I'm a civil engineer, and I made some investments in Brazil while I was living there.

Start there and then you can reverse engineer systems and asset protection that are geared to first prevent those liability events from ever arising and if they do, your systems deflect liability onto the responsible party, or your insurance is there to cover the exposure. 

I have a neurosurgeon, a nurse and a couple engineers living in one of my parks full time.  

But there is a small corner of the real estate world where you can engineer the outcome, avoid the volatility, and compound without needing millions in equity first.

For this reason, finding someone who possesses an engineer's mind and loves to work with numbers can significantly contribute to the team's success.When building our team, I seek individuals who are passionate about underwriting and possess the necessary creative abilities.