Paulina Porizkova, Small Towns and Green Money

by |

There’s an old wives tale that says the prettiest girl at the dance is the one that never gets asked out.  Most guys are too afraid/scared/intimidated to approach her.  The ones that do can often be surprised when she says yes.  Thus explaining the Ric Ocasek and Paulina Porizkova connection.

Small city governments are the same way.   They can seem unapproachable but when you finally try they can be surprisingly open about their city needs and how they are willing to help you.  A smart mayor in a small city can be an invaluable resource for you as an investor.

Small cities also usually have discretionary budgets both within the city and within their Economic Development Corporation.  Their EDC is chartered to fund the city’s growth and improve the city’s landscape/services, etc.

If the mayor is the dealer than the EDC is the bank.  The mayor sets up deals (Jerry McGuire) and passes it through the EDC.

So what does this have to do with green real estate?

Put simply, there is money, grants, tax incentives, loans available to you at the small city level that may not be available in bigger cities.  Additionally the process to get approval/funding is usually quicker and easier.  If you are the first investor looking to ‘green’ a property in a small town, you will almost always have a better shot at financial assistance than if there is an established green investor in the marketplace.

Based on a recent meeting in Texas, here’s what to do:

1. Research the mayor (Google, Facebook, LinkedIn, etc) and call and set a lunch appointment.
2. Prior to the appointment find out how the city makes money.  Sales tax, property tax, etc.
3. Find the mayor’s hot buttons and see where they are in their term.
4. Compare the city to similar cities in the area.  Are they thriving or just surviving?

During the meeting with the mayor find out:

1. The annual income for the city.
2. The process of how the EDC and mayors office works to distribute funds.
3. What are their current green ordinances (if any).

Also, be prepared to give the mayor an overview of your plan.  Share exactly how your projects will mean additional jobs, sales tax, revenue, etc. to the city.  Highlight what it will mean if the city adopted green and had the first green homes in the county.  Ask the mayor what it would mean to him or her.

The final step is to ask the mayor to tell you how you should proceed and what the next steps for you should be.  When you’re done with the lunch, shake the mayor’s hand and get to work.

In a recent (this week) lunch with a mayor of a small town outside of Austin a few things were clear in the first 20 minutes:

1. The mayor was concerned most about increasing sales tax revenue.
2. The mayor was hot for solar but didn’t like wind projects.
3. The mayor felt that he and the EDC would be interested in the right project that had high visibility for the town.  He actually said in a Texas drawl, “I won’t pay for a solar panel on an outhouse, son”.
4. The mayor disclosed both their annual budget and process for awarding money.
5. He suggested the next steps to take and then followed up later in the day with more info.

So the key point here is that although the mayor knew nothing about green he did see the value it would bring to his town.  He was also willing to test it out on one project and willing to spearhead the effort with other city officials.

Great things can happen when you get buy-in from a mayor.  You go from being an outsider to being a partner with the city.  That can mean increased profits, lower expenses, new opportunities for your business, etc.  Green is more popular than ever.  You can help the small town mayor in ways you may never have realized.

About Author

I help real estate investors increase profits and property values through a variety of green strategies. I help clients find hidden rebates, tax incentives and credits to maximize returns on any property.


  1. Jim,
    Great article and very cool idea. It’s kind of like Tim Ferris’s idea in The Four Hour Workweek, that you can be bold and contact anyone. Most people wouldn’t think about that, or would be intimidated. Not to mention that going to the Mayor ensures your efforts are aligned directly with the town’s.

  2. Thanks, Rob!

    Ferris is one of my favorite authors and didn’t even think of this connection until you brought it up. Very good point and I completely agree with you. The funny thing is that the meeting with the Mayor was surprisingly easy to get. I made one phone call, got his cell # and called him directly. We spoke for 10 minutes and set a lunch.

    Thanks againn

  3. Awesome! Always nice to find fellow TF fans out there! I’ve been trying to think about how to apply his business/lifestyle models to real estate, but it’s tough. Outsourcing costs much more than I thought, and I’m finding it’s not good to outsource core capabilities.

    Hopefully, with enough trial and error I’ll figure out a good service-oriented TF model.

    Great Web site you have:

    I just completed coursework for NAR’s Green designation, and have been reaching out to local green businesses…lots of potential in that market!

  4. Hi Rob,

    Yep, tough to see how Tim’s model could work in RE. I use some of his concepts on geo-arbitrage but applied to interns to help my business.

    Where are you located? If you’re in SD/OC/LA we should meet up at some point in the future.

Leave A Reply

Pair a profile with your post!

Create a Free Account


Log In Here