Ever thought about installing solar power at your apartment property?
Cutting your home electric bill with solar has become fairly common. But does the investment make sense for large scale multifamily?
Today we talk with Todd Franks of Greystone Investment Sales Group about how he was able to leverage available tax incentives to install solar and significantly cut his electric bill at two of his apartment communities.
Watch this episode to learn:
* What type of apartment property is the ideal fit for solar
* How much solar costs and how the tax incentives work
* What is the return on investment
* What goes into the installation process
* Should you worry about possible roof damage
Get Smart and Invest Smarter with the Apartment Investor Show where JC Castillo and Paul Peebles interview top industry experts and discuss current market trends, investment strategies and fundamental concepts to help you make smart multifamily real estate investments. Visit our website at: http://apartmentinvestorshow.com/
JC Castillo has spent the last decade plus helping investors profitably navigate the ups & downs of a full market real estate cycle. In 2006 he founded Multifamily Property Group, a vertically integrated private equity firm focused on large scale value-add apartment properties in select US markets. Learn more about Multifamily Property Group at: https://www.multifamgroup.com/
Paul Peebles has been arranging real estate financing for borrowers and institutional clients since 1987. Mr. Peebles is the National Underwriter at Old Capital, underwriting and structuring all transactions handled by the company. Learn more about Old Capital at: http://www.oldcapitallending.com/