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Updated about 4 years ago on . Most recent reply
Anything wrong with tenants installing solar panels?
I got an interesting call from one of my best tenants. These are long term tenants. They have never been late in paying rent. They are responsible for all utilities. It's a 5 bedroom house.
Anyway, they asked if it is ok for them to have solar panels installed? They will pay for material and installation.
Off the top of my head, I said I don't see any reason why not. Been thinking about it all day. Still can't think of any reason to say no.
Anyone here can think of a reason for me to say no?
Most Popular Reply
Originally posted by @Bjorn Ahlblad:
@Lam N.what if the installer screws up and 3 months later you discover a leak in the attic and it causes a drywall ceiling to fall down. Who de-installs the panels when the tenant leaves. Tenant buys it with a financing plan, gets Covid and quits paying. I can come up with more; this is just 5 minutes. But it is your property and your tenant. All the best!
You can come up with what ifs in any situation, that's the fear talking. I feel if you want solar on your house and do all the due diligence you're good. I see nothing wrong with bringing up the value of your house at someone else's expense.