All Forum Posts by: Jonathan W.

Whether it’s multi unit or more then one single family homes does anyone have any advice as to how I should approach companies like cable/internet companies in offering special pricing for my renters who sign up and also possibly get a small percent/cut for having people sign up

@Katie Souder

Vacancy rates don’t hurt you as much

You can make more money

But you really need to ask yourself if you want to look for tenants and roommates because trust me, you’ll run into crazy characters and start doubting it all. I’ve had some bad experiences.

Whatever you do get everything in writing and do not allow any of your tenants to workoff their rent because then things will get shady or misconstrued so trust me don’t do that. I had an awful experience

Also beware of any worker/tenants that could put a lien or threaten to put a lien.

@Steven Picker

First time on this app! Where did my post go? Meant to put it on my thread but I think it just got sent to you

@Steven Picker

Now I’m no expert but this is what I gathered so if I’m wrong in any area, constructive feed back is most definitely welcome

Pros

1. You get to feel really good about yourself without every having to understand economics or how the business works(same with socialism)

2. During very very hot days, people will have enough energy to meet their electricity uses(heat AC use)

3. China is producing a lot for cheap so replacing them isn’t that expensive.

Cons

1. At night time you’ll need batteries and those will be expensive. Also batteries don’t last and they create toxic waste(real green lol)

2. Excess/surplus energy will be sent back to the company, reversing your meter and then the company either sells it back to you at night so basically the utility company makes no money or they just have a bunch of excess they can’t sell. How will they survive(by charging fees!!!)? Energy will be needed on days solar won’t come through or be as effective. You need direct sunlight! (Full time perfect orientation will not be achieved) Don’t let an idiot tell you otherwise

3. Your energy needs are met by the sun while others operate 24/7.

4. Utilities charge a fee to maintain or just to have And can cost more then your normal electric bill(if you don’t believe this you need to talk to more people who have it, could be different in different areas)

The utility companies would go bankrupt otherwise.

5. Maybe it’s changed with technology but for the most part solar degrades by about 5 percent a year lasting about 20 years. So half way through the life is solar you are not getting nearly what you use to.

6. It goes on your roof. Any future roof work will need to consider this and could require extra material and maintenance.

Pro and con

6. Technology in solar only collects 1/3 of what it possibly could from all that light. If technology improves solar panels you have now will be outdated and need to be replaced.

Common sense

7. You’ll have to make sure trees are out of the way. Trees are pretty freakin green and great for shade/blocking the sun.

8. They can be expensive and a lot of people lease. Can make selling the house more of a headache as you an buyer have to discuss either removing it, taking it over or whatever you two want to roll with.