Updated over 9 years ago on . Most recent reply
Solar Panels
Hello fellow DFW investors,
I know there are numerous posting on BP about solar panels but I wanted to take the opportunity to post my own and see if I can get feedback from those in the area. I came across a great deal that has solar panels all over the rear slope of the dwelling. In my limited knowledge as a former property adjuster I knew that 95% of the time those were leased and for usually a period of 20 years or more. In rare cases people had paid for them up front thus they owned them.
Anyone out there bought a flip or hold that had solar panels on the roof? If so, do you know how much typically run a month if they are leased? Did it deter buyers from buying the homes? How much does it skew the comps? I have solid comps nearby but none have panels. Any insight anyone could share I would greatly appreciate it.
Best,
Eric