Summary

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

Want to learn more about this opportunity and whether it is right for you?  

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FEATURED EPISODES

Learn from the smartest minds in business & investing.

Rod Khleif

Director at The Lifetime CashFlow Academy, Best Selling Author & High Performance Coach

Kathy Fettke

Co-CEO of Real Wealth Network, Host of the Real Wealth Show & author of Retire Rich with Rentals

Chris Voss

World's #1 Negotiation Coach, Bestselling Author "Never Split The Difference"

Brandon Turner

Cohost of BiggerPockets Podcast, Author and Managing Member of Open Door Capital LLC

David Allen

Leading authority in organizational and personal productivity, Author of Getting Things Done

Joe Fairless

Host of Best Real Estate Investing Advice Ever show, Co-Founder of Ashcroft Capital

About The Show

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Steven Pesavento

The Investor Mindset Podcast & President VonFinch Capital

Steven Pesavento has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He is an active real estate investor who curates Commercial Real Estate Investments for clients.

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I’ve interviewed almost 100 guests on The Investor Mindset Podcast. They all give their best advice. But what’s THE best advice, and what does it mean for us?