Hawaii Energy Efficiency and CHERP Jack Frost, our energizer bunny of energy efficiency programs and politics, just returned from investing a good part of his Hawaiian vacation taking the temperature of the state of the industry is this tropical paradise. Meeting with business leaders, government officials and non profits Jack learned that Hawaii residents and business owners pay the highest cost per Kwh in the country ($.35 per Kwh). Solar companies have been flocking to Hawaii to take advantage of the Solar gold rush and as you would expect they're overselling renewables and underselling energy-efficient measures that would otherwise reduce the need for larger...Continue Reading!
Great New Form Home Performance Evaluation Tonight, Debra Little, our resident Green Hearted Appraiser, Speaker and Consultant will be reviewing a form she and various team members have been designing to assist everyone from home buyers and real estate professionals to HERs and BPI licensed raters in making home energy assessments easier. Qualified as a Building Analyst: BPI Certified Green Point Rater: Build It Green; Green Certified Homes, EE Lighting Designer, Residential and Land Appraiser as well as a Consultant for Sustainability, Energy Efficiency specializing in Residences, Debra's in a excellent position to understand the need for a simple yet reliable form that...Continue Reading!
3 Project Updates From East to West Coast Greetings PlanetSavers, Tonight we'll be updating the progress on three properties we've been following. As many of you know the real estate markets across the nation provide various kinds of short and/or long term investment options while allowing for energy wise upgrades. This being the case, I believe green remodeling of residential real estate represents one of the greatest avenues for financial and environmental security. 198 Pond Rd. Bridgton, ME A 3 bedroom 2 Bath 1716 Sqft home built in 1900 that appears to be a fantastic deal at $46,000. Conflicting deeds show property may be between 2-14...Continue Reading!
Open Forum Various Rental Issues Many thanks to our recent guest interviewees. If you missed any of these great webinars you can find them archived here. As we've been discussing, real estate markets around the nation are providing exciting investment opportunities. From buy and hold rental properties in Fresno, CA to Energy Wise flips in Virginia and Maine! With excellent ROI's, this is a good time to jump in and catch the rising tide of passive income and/or equity. For those who already have, tonight's Open Forum's a chance to ask questions and get feedback on any and all aspects of your project. For those...Continue Reading!
Joint Venture Easy Way To Get Started Tonight we will analyze a property purchase in Maine for the purpose of either flipping or renting. I'll be making an offer on 198 Pond Rd, Bridgton, Maine 04009 tomorrow morning, a 1,761 sqft 3 bedroom 2 bath and am offering an opportunity for someone(s) to partner with us on this project. I know, Maine is a long way away from most of you (me too.) I wouldn't stretch that far if it weren't for knowing Tom Smith, the contractor and Home Performance expert who we will be using to complete this project. Tom has been...Continue Reading!
Plug Load Reducing Bills and Carbon Footprint This week we'll be interviewing Chris Hunt of Power Down, an electricity auditing and installation service that helps homeowners throughout Northern California reduce their electricity bills and carbon footprint using inexpensive smart tools and the latest technologies. Chris will share his experiences with his own home and that of others, including how to identify and fix top energy waisting problems. By examining background or phantom power usage, investigating what appliances and devices consume large amounts of electricity, PowerDown customer testimonials show a reduction of monthly electric bills between 13% and 35%. Other questions for Chris include: Are set...Continue Reading!
Maine Investment Property Cold Wet Climate Considerations This week we'll be taking a look at a 3 Bedroom 1 Bath investment property in Bridgton Maine identified by Tom Smith, a frequent attendee and fellow Green Hearted investor. A diamond in the rough, 3 Bedroom's are in great demand, particularly when located in outlying bedroom communities with an hour or less commute from hubs like Portland ME. While 74 N High St, Bridgton ME may or may not be on the market by Tuesday's WebEx meeting, we feel there's lot to learn by taking a renovator - investor's look at what's available in a part...Continue Reading!
ACI 2013 Denver Post Conference Review Greetings PlanetSavers, Back from the Affordable Comfort Institute's 2013 Denver Conference I wanted to apologize for the live broadcast technical problems two weeks ago. In the past we've had success with similar on the spot interviews but the logistics this last time proved difficult. Even so, the conference was worth discussing so I hope any fellow attendees or those interested in the latest developments or future attendance will join me tonight at 6PM PDT. To download this Webex presentation click here. To watch this audio/video presentation you’ll need to install the FREE Webex .ARF Player for either Windows or Mac....Continue Reading!
Buy and Hold Running the Numbers Tonight I'll be reviewing the process of locating and assessing 2 different and affordable properties each with some perks. We'll run the numbers from walk through repair estimates for a Phase 1 Buy and Hold remodel to likely return on investment (ROI). 4877 East McKenzie Ave Fresno, CA 93727 List $125,000, 4 days on market, built 1977 5 bedroom 2 bath, 1,684 sqft, lot 8,580 sqft 2 car garage, large pool RentoMeter.com rent estimate: $1,400 plus 4944 East Illinois Ave Fresno CA 93727 4944 East Illinois Ave Fresno CA 93727 List $128,500, 15 days on market, built 1956 3 bedroom 1.5 bath, 1,700 sqft, lot...Continue Reading!
1060 C St. Orange Cove Tightening or Slashing Remodel Budgets A constantly reoccurring question in Green Renovation is how to get the most out of a remodel budget. Some considerations include: What can I afford to cut? What can't I afford to cut? What flipping costs are recoverable? What buy and hold costs are recoverable? How much of an Energy Package can I afford to include? What's the best loading order for a Phase 1 and Phase 2 energy wise retrofit? We'll be addressing these and other questions as we take another look at the budget for 1060 C. Street Orange Cove CA recently purchased by Larry Weingarten via...Continue Reading!