E260 - Value-Add with Income Producing Solar Panels - Steven Pesavento


Manage episode 304573672 series 2848636
By Steven Pesavento, Passive Income Media, and Steven Pesavento - Real Estate Investing Made Simple. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In a follow-up to last week’s episode about value-adding with reduced expenses, Steven continues to share his strategies on adding value to the property. This episode is about solar panels and even though they can seem expensive, in the long-term they will provide a significant value-add to your property. Steven discusses his current project that is doing just that.

Do not miss these highlights:

  1. Installing income-producing solar will reduce expenses, adding value as well
  2. One of the biggest expenses that most projects deal with even on non-master metered properties, is the cost of electricity
  3. If we create power below the market rate, we're able to create a massive amount of income for the property
  4. Having the right relationships can significantly decrease the cost of installing solar panels
  5. A solar power system is low maintenance in the long-term

Resources Mentioned

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287 episodes