Apartments for Low Income

Questions and Answers

Your Questions About Duplex Plans

July 25, 2013

Paul asks…

What is the inevitable path for success as a real estate property investor?

I understand that there are some problems being a successful renter. What would be the route disregarding the potential mishaps. In other words what should the business plan be if they wanted to be a successful property owner for a living.

Administrator answers:

There is no such thing as an inevitable path to success in real estate investing. It’s hard work, with lots of pitfalls and headaches. Invest in Bayer if you plan to be a landlord.
Since it sounds like you are looking to hold property and produce income from it, you should do lots of research about how to manage properties. There are tons of books in the library or for sale, and the basic principles have not changed in the past 50 years.
What has changed is the amount of cash you need to generate a return. You should expect to have a minimum of 20% equity in the properties you own, and in places like California, 40-50% equity, in order to get positive cash flow.
Start small, with a duplex where you can occupy one side and rent the other. Build your equity and leverage that to buy something else.
Of course, if you already have a ton of money and just need someone to help you find good properties to invest in, contact a seasoned broker – I’m ready to help you or anyone else in that position!

Charles asks…

If I buy a phone from the USA with no contract, will it work abraod with any other sim card?

Im planning to buy a sidekick lx with no contract, so would that mean that it would work without having to get it unlocked?
Is a sidekick a world phone?
So I would have to have it unlocked first?

Administrator answers:

Yes, it pretty much is, depending where you go. It supports GSM 900 / GSM 1800 / GSM 1900 frequencies
(PV-100) / PV-108 model has GSM 850 instead of 900

GSM-900 and GSM-1800
GSM-900 and GSM-1800 are used in most parts of the world: Europe, Bolivia (GSM-850, GSM-900 and 1900), Brazil (GSM-850, GSM-900 and 1800), Guatemala (GSM-850, GSM-900 and 1900), El Salvador (GSM-850, GSM-900 and 1900), Middle East, Africa and most of Asia.
GSM-900 uses 890–915 MHz to send information from the mobile station to the base station (uplink) and 935–960 MHz for the other direction (downlink), providing 124 RF channels (channel numbers 1 to 124) spaced at 200 kHz. Duplex spacing of 45 MHz is used.
In some countries the GSM-900 band has been extended to cover a larger frequency range. This ‘extended GSM’, E-GSM, uses 880–915 MHz (uplink) and 925–960 MHz (downlink), adding 50 channels (channel numbers 975 to 1023 and 0) to the original GSM-900 band. The GSM specifications also describe ‘railways GSM’, GSM-R, which uses 876–915 MHz (uplink) and 921–960 MHz (downlink). Channel numbers 955 to 1023. GSM-R provides additional channels and specialized services for use by railway personnel.
All these variants are included in the GSM-900 specification.

GSM-1800 uses 1710–1785 MHz to send information from the mobile station to the base tranceiver station (uplink) and 1805–1880 MHz for the other direction (downlink), providing 374 channels (channel numbers 512 to 885). Duplex spacing is 95 MHz.
GSM-1800 is also called DCS in Hong Kong and the United Kingdom.

GSM-850
GSM-850 and GSM-1900 are used in the United States, Canada, and many other countries in the Americas. GSM-850 is also sometimes called GSM-800 because this frequency range was known as the “800 MHz band” when it was first allocated for AMPS in the United States in 1983.
GSM-850 uses 824–849 MHz to send information from the mobile station to the base station (uplink) and 869–894 MHz for the other direction (downlink). Channel numbers 128 to 251.

GSM-1900
GSM-850 and GSM-1900 are used in the United States, Canada, and many other countries in the Americas.
GSM-1900 uses 1850–1910 MHz to send information from the mobile station to the base station (uplink) and 1930–1990 MHz for the other direction (downlink). Channel numbers 512 to 810.

Linda asks…

To have a garbage disposal under your sink, do you need an outlet or just wires for electricity?

I am going to have a garbage disposal installed, but I don’t have a dishwasher or outlet under my sink. Would all I need is a new 120v dedicated circuit outlet under my sink for electricity and the person will be able to install it? I have a blank circuit breaker in my box and plan on just running a wire down to it. Does this make sense?

Administrator answers:

Installing and outlet is a good idea. You will install the switch in series with the outlet. You can switch just one outlet on the duplex or both.

It’s cheap and easy to do. The hard part is fishing the wire from the panel.

Check this link. This diagram is showing how to have both outlets on the duplex switched. This is a schematic diagram so obviously it’t not going to look like this because you are running Romex, but electrically this is it. It probably best to run the Romex from the panel to the receptacle first. Then run anthother Romex from that box to the switch box. You will have to wire nut the hot leg from the panel in the receptacle box and hook it to one side of the switch. The other side of the switch will go to the hot terminal on the outlet. Mark the white wire from the switch with black tape. The neutral wire from the panel will go straight to the silver looking terminal on the receptacle unswitched.

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Sandra asks…

What else do i need to have other then a license to go hunting?

When i am 18 i am gonna get my hunting license and whatever else i need to go big game hunting i plan on purchasing a 30-06 remington 700 but can you tell me all the info i need on what i must have to be able to go to other provinces in canada and go hunting for lets say deer and what not. How do i get tags? what do i need?

Administrator answers:

First thing you need to do is get your Hunter Education class scheduled NOW, because they fill up fast and if you wait till even May there might not be any available. The rifle and cartridge combination are a great choice. Find factory ammo your gun likes with 165 grain Bonded Core bullets for hunting and anything cheap in the same weight for practice. If you know someone to hand load even better. You need a good scope on the rifle; Nikon Pro Staff and Leupold VXII are normally the starting points for scopes. Keep the scope 3-9 40mm with a simple Niko-plex or Duplex reticule; no Bullet Drop Compensator or Mil-Dots, they just muddy up the sight picture. Sight in 2 inches high at 100 yards and you are right on at 200. It is a lot easier to aim right on at 100 yards and know you might be a little high than to be at 250 and not even be close. I prefer the Leupold bases and rings, they seem more solid.
You need 2 decent knives, one good sized for the heavier work and a smaller drop point knife for skinning. You should have a small sharpening stone or steel because the knives get dull. Practice with the rifle, and find targets that show the internal anatomy of the game animals you plan on hunting. “The Perfect Shot” for North American or African animals is a great resource to study if you can find one at a library, or similar books that explain shoot placement. Most people can drop an deer,elk or moose while it is standing broadside to them, you need to know where to hit if the angle isn’t perfect. Binoculars are always a good investment—-DON’T use your scope instead of binoculars!!!.
Those are the basics, but reading up on hunting and maybe even finding a reloading manual is good research too.

Ken asks…

We are not members of the Texas appartment association, but plan on using the TAA lease. Is this the best?

We want to protect our rights as property owners, but also want to be fair to our residents. Our properties are all single family residences, no duplexes etc. Our properties are located in an area where many renters default on their rental obligation.

Administrator answers:

Probably not bad but its always best to have a lease tailored to your particular situation but in general make sure you have a complete understanding of every provision in the lease, because if their is ambiguity in a lease provision the courts will rule in favor of the tenant and not you because you are the one who drafted the lease

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