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 generally have about a 75ft sensing range and can be additionally equipped with external battery and solar charger, so no AC power required.  

Thank you in advance everyone. https://quickfinancialsolutionsllc.com/ sorry but why would a hard money lender charge rates lower than the government charges.

How much monthly flat rent should I expect per charger and which are some companies in this space?

Hi everyone,I’m based in Los Angeles and help commercial and multifamily properties take advantage of the LADWP rebate program to install electric vehicle chargers at zero cost.I know self-promotion and advertising aren’t allowed here, so I won’t share any details or links.

If you look at the interest expenses on a flip with an interest rate at 6% vs. 10% just as an example, assuming the investor knows what they are doing and executes efficiently, the added interest charge really has a negligible impact on the overall profitability.

If you don’t already have EV chargers on-site, you might be able to add them as an amenity with little to no upfront cost.

The goal is to minimize vacancy and reduce the financial burden on both tenant and owner.Never double-collect rentWe don’t charge rent to two parties for the same period.

Having the capacity to add a high-speed EV charger in the future was also a factor in this decision. 

I currently own the trailers and the land and charge rent for each trailer.