{"id":176262,"date":"2024-08-09T13:16:35","date_gmt":"2024-08-09T19:16:35","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=176262"},"modified":"2024-08-09T13:23:42","modified_gmt":"2024-08-09T19:23:42","slug":"can-ev-chargers-help-you-increase-rent","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/can-ev-chargers-help-you-increase-rent","title":{"rendered":"Are EV Chargers the Next Rent-Increasing Amenity?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Electric vehicles (EVs) are taking over the roads. Initially, Teslas seemed to sprout like mushrooms in mossy woods, but now all car manufacturers are jumping on the EV revolution. <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/about.bnef.com\/blog\/every-third-car-sold-in-us-could-be-electric-by-2027\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">A third of all cars could be electric by 2027<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span> Below, you&#8217;ll see just how fast EV cars are hitting the market.<\/p>\n\n\n<p><iframe title=\"Electric Vehicle Sales (2010-2023)\" aria-label=\"Column Chart\" id=\"datawrapper-chart-I1nq2\" src=\"https:\/\/datawrapper.dwcdn.net\/I1nq2\/1\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"472\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}();\n<\/script><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With this type of growth, it's becoming all but necessary to include chargers on your property. Here's what you should start thinking about.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">What to Consider Before You Add EV Chargers<\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/finding-multifamily-properties\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Multifamily<\/span><\/a><span data-preserver-spaces=\"true\"> landlords should ensure their property is EV-friendly to boost rental revenue, as many of these EV drivers will be renters looking for a convenient place to charge their cars overnight.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">However, adding charging facilities to your multifamily rental is more complex than adding an exterior outlet or stand-alone charger to a single-family home\u2014it can be pricey and complicated. Here's what you should consider.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Canvass your tenants<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">If you own a large apartment building, many tenants may already have an EV or plan to get one, so installing an EV charging system is <\/span><span data-preserver-spaces=\"true\">probably<\/span><span data-preserver-spaces=\"true\"> a good idea.<\/span><span data-preserver-spaces=\"true\">&nbsp;<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">However, if you own a single-family home or small multi-unit building, canvassing your tenants about their need for EV charging facilities and whether they plan to buy an EV imminently could save you an unnecessary expense\u2014at least in the short term.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Evaluate the costs associated with adding EV charging <\/span><span data-preserver-spaces=\"true\">facilities<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Adding a <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/afdc.energy.gov\/fuels\/electricity-stations\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Level 2<\/span><\/a><span data-preserver-spaces=\"true\"> charger for a single-family home is relatively simple. It involves hiring a licensed electrician to check whether your existing panel box supports a 240-volt charger. If not, they will have to perform an upgrade to support it, which could cost <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/homeguide.com\/costs\/electric-car-charging-stations-cost\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">upwards of $350<\/span><\/a><span data-preserver-spaces=\"true\">, depending on where you live. Chargers can <\/span><span data-preserver-spaces=\"true\">either<\/span><span data-preserver-spaces=\"true\"> be installed in a garage or outside, with weatherproof covering.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Retrofitting older apartment buildings can be <\/span><span data-preserver-spaces=\"true\">costly<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Costs can rise significantly in multifamily buildings, ranging from<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/stable.auto\/resources\/simplifying-level-2-ev-charging-in-multi-family-buildings-with-stable-evaluate#\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\"> $2,000 to $6,500 per unit<\/span><\/a><span data-preserver-spaces=\"true\">, depending on the complexity of the installation and the need for electrical upgrades.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">If you own an older apartment building, there are many <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.facilitiesnet.com\/commercialofficefacilities\/article\/Top-5-Challenges-to-Retrofitting-for-Electric-Vehicle-Charging--20075\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">more factors to consider<\/span><\/a><span data-preserver-spaces=\"true\">, notably having enough chargers to service all the vehicles and the costs of rewiring, cabling, and trenching to bring conduit to all the charging areas, <\/span><span data-preserver-spaces=\"true\">permitting,<\/span><span data-preserver-spaces=\"true\"> and regulations.<\/span><span data-preserver-spaces=\"true\">&nbsp;<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Also important is having enough grid power to service the property. Building out your charging facilities so they grow with increasing EV usage will help rein in costs.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Some cities mandate EV charging in new-construction multifamily <\/span><span data-preserver-spaces=\"true\">buildings<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">The process is more straightforward and typically cheaper for new construction buildings. EV charging can <\/span><span data-preserver-spaces=\"true\">be factored<\/span><span data-preserver-spaces=\"true\"> into the layout and plans before construction starts. Some cities, including <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.chicago.gov\/city\/en\/depts\/cdot\/provdrs\/conservation_outreachgreenprograms\/news\/2020\/april\/chicago-city-council--approves-ordinance-to-increase-chicago-s-e.html\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Chicago<\/span><\/a><span data-preserver-spaces=\"true\"> and?<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.slc.gov\/council\/completed-projects\/electric-vehicle-readiness\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Salt Lake City<\/span><\/a><span data-preserver-spaces=\"true\">, require new multifamily buildings to include the infrastructure needed to support EV chargers.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Whether you own a single-family home or an apartment building, a Level 2 charger (which achieves approximately 25 miles of range per hour of charging) <\/span><span data-preserver-spaces=\"true\">is recommended<\/span><span data-preserver-spaces=\"true\">. <\/span><span data-preserver-spaces=\"true\">Level 1, which <\/span><span data-preserver-spaces=\"true\">can be plugged<\/span><span data-preserver-spaces=\"true\"> into a standard 120V outlet, <\/span><span data-preserver-spaces=\"true\">is too slow<\/span><span data-preserver-spaces=\"true\"> (it takes up to 24 hours to charge a normal-sized car).<\/span><span data-preserver-spaces=\"true\"> Level 3, or DC charging (over 100 miles of range with 30 minutes of charging), is only used in commercial environments, such as charging stations and supermarkets.&nbsp;&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Financial Considerations for Adding EV Chargers<\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Landlords will have to consider <\/span><span data-preserver-spaces=\"true\">exclusive use only<\/span><span data-preserver-spaces=\"true\"> for tenants, ensuring that others cannot use <\/span><span data-preserver-spaces=\"true\">your EV<\/span><span data-preserver-spaces=\"true\"> to charge their cars.<\/span><span data-preserver-spaces=\"true\"> You could also consider having tenants pay for the electricity use, but it's not a requirement. <\/span><span data-preserver-spaces=\"true\">Fortunately, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/buzze.biz\/multifamily_ev_charging\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">there are<\/span><span data-preserver-spaces=\"true\"> apps<\/span><\/a><span data-preserver-spaces=\"true\"> tailored to multifamily property use <\/span><span data-preserver-spaces=\"true\">that<\/span><span data-preserver-spaces=\"true\"> offer end-to-end payment options, reservations, and monitoring of every charge.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Additional costs to landlords include charger maintenance and upgrades to new models to suit the evolution of EV cars.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Incentives to cover charging upgrades<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Many incentives cover the costs of installing charging equipment. Some are national, others are regional. The Inflation Reduction Act <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.transportation.gov\/rural\/ev\/toolkit\/ev-infrastructure-funding-and-financing\/federal-funding-programs\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">provides tax credits for EV chargers<\/span><\/a><span data-preserver-spaces=\"true\"> installed in <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/afdc.energy.gov\/fuels\/electricity-infrastructure-state-planning#:~:text=The%20NEVI%20Formula%20Program%20provides,charging%20along%20corridors%20and%20Interstates.\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">certain census tracts<\/span><\/a><span data-preserver-spaces=\"true\">.&nbsp;<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a class=\"editor-rtfLink\" href=\"https:\/\/driveelectric.gov\/state-plans\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">State and local governments<\/span><\/a><span data-preserver-spaces=\"true\"> also have their <\/span><span data-preserver-spaces=\"true\">own<\/span><span data-preserver-spaces=\"true\"> programs. Depending on the property type, charger level, and whether parking spaces are shared or personal, some can cover all or a portion of the charger\u2019s cost. &nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Charging tenants for EV charging<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">EV charging has become a must-have amenity for many tenants, with many renters pressuring landlords into investing\u2014although the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.motortrend.com\/features\/apartment-ev-charging-renters-rights\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">right to charge differs from state to state<\/span><\/a><span data-preserver-spaces=\"true\">. However, the revenue-generating potential that EV chargers present, such as attracting affluent, eco-friendly-minded tenants, lease renewals, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.evconnect.com\/blog\/roi-of-ev-charging-station\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">adding charging fees<\/span><\/a><span data-preserver-spaces=\"true\">, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/blinkcharging.com\/blog\/how-ev-charging-boosts-value-at-commercial-real-estate#\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">and higher property values<\/span><\/a><span data-preserver-spaces=\"true\">, makes installing them a no-brainer.&nbsp;&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Additional revenue from a pay-per-space<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">By turning each parking space into a fueling station, multifamily owners can charge tenants for use per kilowatt-hour or as an additional monthly fee, which <\/span><span data-preserver-spaces=\"true\">is included<\/span><span data-preserver-spaces=\"true\"> in the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/what-to-include-in-a-lease-agreement\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">lease agreement<\/span><\/a><span data-preserver-spaces=\"true\">. Building in a $100 profit per charging space is a small price for a tenant to pay, considering they would have to spend time charging their car elsewhere.&nbsp;<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Tenants with EVs will <\/span><span data-preserver-spaces=\"true\">usually<\/span><span data-preserver-spaces=\"true\"> charge their car for four to eight hours daily, usually in the evening\/night. <\/span><span data-preserver-spaces=\"true\">Depending on the <\/span><span data-preserver-spaces=\"true\">pricing the landlord implements, this can turn into<\/span><span data-preserver-spaces=\"true\"> a significant revenue stream.<\/span><span data-preserver-spaces=\"true\"> A flat fee would be <\/span><span data-preserver-spaces=\"true\">easiest<\/span><span data-preserver-spaces=\"true\"> to calculate. A payment plan based on kilowatt-hours <\/span><span data-preserver-spaces=\"true\">used<\/span><span data-preserver-spaces=\"true\"> would allow all landlords to build in profit based on their payment amount.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Sustainability is a big <\/span><span data-preserver-spaces=\"true\">draw<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Environmentally conscious tenants are usually high earners who don't mind paying extra to know that their apartment is adhering to ESG targets by reducing the impact of greenhouse gas emissions in the community. Green initiatives are one way to achieve top-dollar rents while being good for the environment.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Government funding<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Business owners and homeowners are eligible for a<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.evconnect.com\/blog\/who-can-claim-ev-charging-station-tax-credit\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\"> 30% tax credit<\/span><\/a><span data-preserver-spaces=\"true\"> to help cover <\/span><span data-preserver-spaces=\"true\">the cost of<\/span><span data-preserver-spaces=\"true\"> installing EV charging facilities. It <\/span><span data-preserver-spaces=\"true\">is capped<\/span><span data-preserver-spaces=\"true\"> at $100,000 per charger for businesses and $1,000 per charger for residential stations. <\/span><span data-preserver-spaces=\"true\">Currently,<\/span><span data-preserver-spaces=\"true\"> there is a considerable government incentive to switch from fossil fuels to sustainable energy, which is <\/span><span data-preserver-spaces=\"true\">in accordance with<\/span><span data-preserver-spaces=\"true\"> the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.nytimes.com\/interactive\/2024\/08\/02\/climate\/electricity-generation-us-states.html\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">country's overall shift away from coal, gas, and oil<\/span><\/a><span data-preserver-spaces=\"true\"> for its electricity needs.<\/span> <span data-preserver-spaces=\"true\">However, these tax incentives <\/span><span data-preserver-spaces=\"true\">are unlikely to<\/span><span data-preserver-spaces=\"true\"> last <\/span><span data-preserver-spaces=\"true\">forever<\/span><span data-preserver-spaces=\"true\"> as more of the country converts.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">It's a good idea to install charging stations while government initiatives exist. According to a multifamily ROI charging calculator provided by <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.chargepoint.com\/blog\/calculate-your-ev-charging-roi-multifamily\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">ChargePoint<\/span><\/a><span data-preserver-spaces=\"true\">, if an investor spent $11,200 to charge 10 residents\u2019 cars, they would make back their initial investment in 1.6 years. Their annual net profit after recovering their investment will be $6,858\u2014well over 50% ROI per year.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Solar-powered EV stations in the Sunbelt states<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">In states that get high amounts of sun, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.cnet.com\/home\/energy-and-utilities\/what-is-a-hybrid-solar-system\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">pairing your EV charger with solar panels with a battery<\/span><\/a><span data-preserver-spaces=\"true\"> or other solar storage could be a great way to lessen the grid load, pulling electricity out of the sky to charge your tenant's car\u2014for which they pay\u2014while keeping your overhead down. Multiple <\/span><span data-preserver-spaces=\"true\">types of<\/span><span data-preserver-spaces=\"true\"> EV solar panel chargers are available\u2014from panels installed conventionally on a home's roof to <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.greenlancer.com\/post\/solar-carports\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">mass carport panels<\/span><\/a><span data-preserver-spaces=\"true\"> to <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.24solarfactory.com\/index.php\/product\/single-parking-space-solar-carport\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">single-space solar charging<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Final Thoughts<\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">With the focus on making the U.S. energy-independent and achieving sustainable energy goals to fight climate change, there's little doubt EVs are here to stay. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> presents another opportunity for landlords to receive additional income to offset the installation expense and ultimately help increase positive <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/rental-property-cash-flow-analysis\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">cash flow<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Whether you rent a single-family home, apartment, or mixed-use building, investing in EV charging facilities is future-proofing your investment. After all, you provide a service to your tenant: charging convenience and less time spent at a gas station or charging facility.<\/span><\/p>\n\n\n\n    \n  <div id=\"visibility-group-block_a65e6835c7361fe066cd74585c616894\" class=\"visibility-group  hidden\">\n        \n\n<div id=\"hero-block_66e55ea236e9813481f23bdcfd647e8c\" class=\"first:mt-0 hero-block py-4  alignwide   has-background has-theme-gold-light-background-color has-text-color has-theme-gold-color\">\n    <div\n        class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n\n        <div class=\"relative z-30 w-full \">\n            <main class=\"py-4\">\n                \n\n<p class=\"has-theme-gold-color has-text-color has-large-font-size wp-block-paragraph\" style=\"font-style:normal;font-weight:800\">Get the Best Loan Today<\/p>\n\n\n\n<p class=\"my-3 md:my-5 lg:my-8 has-slate-900-color has-text-color wp-block-paragraph\" style=\"font-size:16px\">Find trusted, <em><strong>investor-friendly<\/strong><\/em> lenders who specialize in your strategy. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div id=button-custom-event-block_09898fd45c17127a06520827b53bfec2 class='button-custom-event'>\n      <a href=\"https:\/\/www.biggerpockets.com\/business\/finder\/lenders\" x-on:click=\"window.analytics.track(&#039;Blog Block | B2C Marketplace Lender Finder&#039;, {\n      referrer: &#039;https:\/\/www.biggerpockets.com\/blog\/can-ev-chargers-help-you-increase-rent&#039;,\n    });\" class=\" btn-shape inline-block no-underline has-background has-theme-gold-background-color has-text-color has-white-color\" target=\"_blank\">Find a Lender<\/a>\n  <\/div>\n\n            <\/main>\n        <\/div>\n\n                <div class=\" first:mt-0 relative h-full lg:flex lg:items-center\">\n            <img decoding=\"async\" class=\"object-cover w-full relative z-20 my-0  rounded-md hidden lg:block\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/08\/Marketplace-Blog-Blocks-Lender-v3.png\" alt=\"investor friendly lender, investor friendly real estate loans\" title=\"\">\n        <\/div>\n            <\/div>\n<\/div>\n\n  <\/div>\n  \n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n    \n  <div id=\"visibility-group-block_64dd31c79f00f\" class=\"visibility-group  \">\n        \n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div id=\"hero-block_64dd2875dba9d\" class=\"first:mt-0 hero-block py-4    has-background has-slate-100-background-color has-text-color has-theme-slate-color\">\n    <div\n        class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n\n        <div class=\"relative z-30 w-full \">\n            <main class=\"py-4\">\n                \n\n<h3 class=\"wp-block-heading my-0 tracking-tight font-extrabold has-theme-slate-dark-color has-text-color has-large-font-size\">Join the community<\/h3>\n\n\n\n<p class=\"my-3 md:my-5 lg:my-8 has-theme-slate-color has-text-color wp-block-paragraph\" style=\"font-size:16px;font-style:normal;font-weight:400\">Ready to succeed in real estate investing? Create a free BiggerPockets account to learn about investment strategies; ask questions and get answers from our community of +2 million members; connect with investor-friendly agents; and so much more. <\/p>\n\n\n\n<div id=button-custom-event-block_64dd2888dba9e class='button-custom-event'>\n      <a href=\"https:\/\/www.biggerpockets.com\/signup\" x-on:click=\"window.analytics.track(&#039;Blog Block | Acquisition | Free Membership Signup&#039;, {\n      referrer: &#039;https:\/\/www.biggerpockets.com\/blog\/can-ev-chargers-help-you-increase-rent&#039;,\n    });\" class=\" btn-shape inline-block no-underline has-background has-theme-blue-background-color has-text-color has-white-color\" target=\"_blank\">Sign Up<\/a>\n  <\/div>\n\n            <\/main>\n        <\/div>\n\n            <\/div>\n<\/div>\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n  <\/div>\n  <\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Electric vehicle sales are rising. Does it make sense to add an EV charging station at your property, and can you raise rent accordingly?<\/p>\n","protected":false},"author":613725,"featured_media":176265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-176262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-trends"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/176262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/613725"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=176262"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/176262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/176265"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=176262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=176262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=176262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}