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Updated almost 9 years ago on . Most recent reply
Doing some good as investors? Examples of social or green actions
I love real estate and I love making money with it, but every now and I start wondering if there is something more I should do... I do believe that just by being a reasonable landlord we can make a bit of a difference already, but I'd love to hear some stories about other ways we can contribute to society. What have you done that you think has made the world a slightly better place? Offered to forgive rent payments while someone was in the hospital and couldn't work? Reduce the rent for a family in need? Or something more creative?
The same goes for the environment: what about building green? Installing solar panels even if the math doesn't support it? Any examples of green action?
And how to go about it? Do you give yourself a budget for 'positive actions' (social or green)? Or do you have an income goal after which you would start considering such actions?
Please share any stories and thoughts! Thank you!
Most Popular Reply
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A project that I want to do but have no idea how to do it and make money or at least break even. I want to build or buy a large apartment complex where rent can be very affordable but have a nice place. Then every month have classes on how to break the poverty mindset and improve your life. I hate seeing low income being taken advantage of because they've never been taught how to live a better life. I guess I could do classes without the rental but I figure having the rentals would give me access to these type of people when they apply and move in if rents are low enough.