Real Estate Underground
Real Estate Underground
Ed Mathews
Solar Income: The Untapped Revenue Stream for Multifamily with Owen Barrett
25 minutes Posted May 20, 2025 at 4:00 pm.
Introduction to Real Estate Underground
Meet Owen Barrett from Shine
Decarbonizing Multifamily Buildings
How Shine's Solar Model Works
Financial Benefits for Building Owners
Process and Implementation Timeline
Lightning Round with Owen Barrett
0:00
25:22
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Show notes
Owen Barrett spent eight years buying multifamily in the Midwest, accumulated 650 units of his own portfolio, and used it as a guinea pig for one specific question: what is the actual way to put solar on existing apartment buildings? Two years of building later, the answer became a company.
Shine is built for the messy version of the question. Three states (California, Colorado, Massachusetts) have virtual net energy metering, where you slap one big array on the roof and allocate the benefi...