Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
solar panels good or bad?
Hello,
Offer accepted on a SFH with leased solar panels for 20 years. Panels are only 3 month old and the monthly fee is $100 paid to the solar company. Electrical bill is only $10 - $20. Current owner can transfer solar panels to new house if I don't want them. I leaning toward asking owner to remove the panels for the following reasons:
1. I would have to add $100 to the rent to cover the panels which might overprice the rental
2. Solar panels would be a capital expense
What would you do, keep the panels or get rid of them? Thanks.