Using Rooftop Solar Panel Systems to Increase Cash Flow

[Taylor Stamm]

Hello BP, has anyone had any experience installing rooftop solar panel systems to their rentals and charging tenants for the energy usage in order to increase cash flow? How did this work out for you? If you have not done this before, then what are your thoughts on this idea? 

[Mitch Messer]

Hey @Taylor Stamm and welcome to BiggerPockets!

This is a topic that interests me as well. You should check out this thread from a year ago:

https://www.biggerpockets.com/forums/84/topics/499630-scaling-an-operation-for-going-solar

I was mildly intrigued by rooftop solar while I lived in Georgia, but now that I'm spending time in New Mexico I am fully convinced there is an opportunity here for solar!

Did you have a specific project in mind for yourself?