Tomorrow (11 Feb 2021), I’ll be interviewed on “Best Real Estate Investing Advice Ever w/Theo Hicks” on the subject of Solar for Real Estate investors.
Solar can be a great way for owners of rental property to increase the value of their investments, particularly if they own properties with more than 5 units.
In addition to possible tax advantages, installing solar offers the ability to remove an expense from the property altogether (if the landlord pays utilities) or create income from becoming your own utility (for landlords who don’t).
That extra income translates into a higher value for the property and greater cash flow for the landlord without raising the rents. Installing solar also stabilizes the energy prices, which is important for Californians, who saw their energy prices went up 34% from 2017 to 2020.
In all, I’m really excited to be on a podcast. This is my first interview as an investor, and it’s been a while since I got to use my public speaking skills, and I’m looking forward to it.
If you have any questions or comments about solar for investors or solar in general, feel free to ask!