Greening Up Your Property's Electric Bill - Advantages for Real Estate Investors Part II
Posted by Monte Davis on
Okay folks, in week two of our look at going green, I can tell you one thing. The wording on this stuff can be dense and you need to read carefully. I'm just going to talk about two items off the Database of State Incentives for Renewables & Efficiency (dsireusa.org) because that's all either of us can handle. Both basically involve electricity, which accounts for a huge part of the expense of running a home -- about 70 percent of the cost, in fact, for heating and cooling. You may ask yourself why this matters to you, the investor because you're not the one paying for the utilities. Simple --Long Term Tenant Base.
First, I want to pitch in the idea that adding a little solar can have some long-term benefits, while also potentially adding a selling…
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