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The Best Ever CRE Show

JF2439: Using Green Energy To Increase Cash Flow With Lucas Weismann

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 7 May 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

Lucas has been a real estate investor since January 2008. In 2017, he got into solar development. Lucas got interested in green energy for several reasons. First, he uses it to increase the cash flow of the property. Being able to take advantage of the tax credit is also nice, and the accelerated depreciation plan is very beneficial as well. And while ROI varies depending on the area’s energy and labor costs, he believes that green energy can add value to the property and help real estate investors increase their cash flow. Lucas Weismann  Real Estate Background:  President of Blue Mustang Investments 12 years of real estate investing experience Portfolio consists of 4 single family rentals, & a 24-Unit Apartment  Based in Denver, CO Say hi to him at: www.w-consulting-group.com  Best Ever Book: Miracle Morning       Click here to know more about our sponsors RealEstateAccounting.co thinkmultifamily.com/coaching  Best Ever Tweet: “Find a local mentor group” - Lucas Weismann. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:05.3

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0:11.0

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0:48.0

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0:56.6

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1:00.6

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1:05.0

In addition to the tax credit, you could also depreciate the solar immediately in one year

1:11.9

instead of over the normal five years, which is what you would normally do for equipment-based improvements if you're doing cost segregation.

1:19.5

Quick disclaimer, the views and opinions expressed in this podcast are provided for informational purposes only and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action.

1:33.0

For more information go to Best Ever Show.com.

1:36.0

Hello Best Have Your listeners and welcome to the Best Real Estate Investing

1:39.2

Advice Ever Show.

1:40.1

I'm Theo Hicks and today we'll be speaking with Lucas Wiseman.

1:44.9

Lucas how are you doing today?

1:46.1

I'm doing great.

1:47.1

Well great well thank you for joining us and we've got an interesting topic today

1:51.6

going to be talking about green energy, solar energy,

...

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