The environmental movement sure has gained steam over the past couple of decades. From the Government offering all kinds of tax incentives and rebates, to Elon Musk the billionaire entrepreneur, it seems like everyone is getting into the act.
What does that mean to the average real estate investor?
Well, like everything else you do for your business, it depends. Let’s talk solar…
There is a pretty big upfront expense involved in installing solar. Then there can be a pretty healthy savings on the backend once you do. Each investor should do their due diligence.
It’s true that most investors don’t pay electric bills – or at least don’t pay a lot of them. For rental properties, investors pass most electric bills on to tenants. Flips require that an investor pay the electric bills while rehabbing the house but obviously stop paying once the house is sold.
Passing on those electric bills to your renter or buyer, however, might mean you are not receiving the maximum…
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.