How Multifamily Owners Are Adding $1M+ in Value With Solar w/ Owen Barrett
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How Multifamily Owners Are Adding $1M+ in Value With Solar w/ Owen Barrett
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概要
Owen Barrett is a clean energy entrepreneur, multifamily solar expert, and founder of the Shine solar company. He has overseen over $60 million in clean energy projects, helping multifamily owners install onsite solar to reduce carbon emissions while significantly increasing property value and cash flow.
In today’s episode, Owen joins me to break down his journey from growing up in a middle-class household to overseeing $60M in clean energy projects, and eventually leaving corporate life to build multiple solar and real estate businesses.
We dive into how to use solar upgrades to transform apartment buildings into income-producing assets. Owen explains the exact numbers behind installing solar on multifamily properties, including installation costs, tax credits, NOI generation, and how a $375,000 solar investment can create over $1.1M in property value.
Owen explains the factors that quietly reduce multifamily returns, and he shares how multifamily homeowners can uncover missed profit opportunities.
We discuss what multifamily ownership looks like, how to increase NOI, and the limited-time advantage that the current solar tax credit creates for owners. Owen also explains how Shine solved the challenge of solar in individually metered buildings.
Join us today to learn how to use solar economics and decarbonization to boost cash flow, increase property value, and turn clean energy into a competitive advantage.
Owen Barrett's Social Media:
https://www.linkedin.com/in/owenmadsenbarrett/
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