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Updated almost 9 years ago,
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!