Hello fellow REIN members,my name is Kevin Ablett. I`ve been an investor for over 5 years now with a healthy, growing portfolio of properties. Along with investing, the environment has been a passion of mine for most of my life. I`m currently sitting as the President of the Board of Directors for the Clean Calgary Association (www.cleancalgary.org), an environmental non-profit in Calgary. As an active environmentalist and investor, I thought I`d use this forum to create a space where other like-minded members can share their knowledge around issues related to "sustainable real estate investing".The first thing I`ll talk about in this thread is a product that EVERY investor would benefit from right now: It`s called Eco-Coat. Eco-Coat is a paint product made from recycled paint. Have you ever wondered where all that paint goes after it gets dropped off at the firehall? Well, A Calgary Company called Calibre Environmental has teamed up with a master painter to develop a process for sorting, filtering, pigmenting, and stabilizing old paint into a wide pallette of new, fresh colours.
Why is this important to you as an investor?
I`ll give you 4 reasons, each of which represent a significant ROI opportunity for your growing business:
Reason #1: You Pay Less For The Paint. At the Clean Calgary EcoStore (809 4th Ave SW) we sell 10 litre pails in the $25-$35 range (depending on the colour) and 18.9 litre pails for $50-$60. Those same 18.9 litre pails START at $125 or more at Home Depot, Rona, and other competitors. This alone represents over a 50% cost savings TODAY. If you`re like me and you`re constantly going from one reno project to the next, buying paint on a regular basis, this is a no-brainer!
Reason #2: You Save In Labour Costs. Older paint has a tendency to be a little thicker. As a result, it covers extremely well. The result is that many walls can be painted in one coat, rather than two or two coats rather than three. This has an immediate effect on your bottom line. The same painter could complete the job 30-50% faster, and save you money in terms of less hours billed, or paint 30%-50% more properties for you in the same amount of time, thereby improving your renovation turn around times. Either way, this is a significant improvement to your cost/efficiency base.
Reason #3: You Save Paint. When the paint covers better, you use less of it to achieve the same result. Therefore, you not only pay less for the paint itself, but use less of it, and therefore pay less by not needing as much. In green lingo, this is referred to as "Demand Side Management" and is an integral aspect of green investing. If you use less, you profit more.
Reason #4: You Are Doing Something Good For The Planet. Previously, this paint would have gone un-used, been sent to landfills, and added to our already burdensome waste streams. With Eco-Coat, you truly receive a healthy ROI for helping to create a healthier planet.
Now that`s what I call "Sustainable Real Estate Investing"
Please feel free to post your thoughts and ideas around other ways to green your properties while putting more green in your jeans!
For more information on Eco Coat and other eco-friendly products for your properties, visit http://www.cleancalgary.org
Happy Green Investing,
Kevin.
Why is this important to you as an investor?
I`ll give you 4 reasons, each of which represent a significant ROI opportunity for your growing business:
Reason #1: You Pay Less For The Paint. At the Clean Calgary EcoStore (809 4th Ave SW) we sell 10 litre pails in the $25-$35 range (depending on the colour) and 18.9 litre pails for $50-$60. Those same 18.9 litre pails START at $125 or more at Home Depot, Rona, and other competitors. This alone represents over a 50% cost savings TODAY. If you`re like me and you`re constantly going from one reno project to the next, buying paint on a regular basis, this is a no-brainer!
Reason #2: You Save In Labour Costs. Older paint has a tendency to be a little thicker. As a result, it covers extremely well. The result is that many walls can be painted in one coat, rather than two or two coats rather than three. This has an immediate effect on your bottom line. The same painter could complete the job 30-50% faster, and save you money in terms of less hours billed, or paint 30%-50% more properties for you in the same amount of time, thereby improving your renovation turn around times. Either way, this is a significant improvement to your cost/efficiency base.
Reason #3: You Save Paint. When the paint covers better, you use less of it to achieve the same result. Therefore, you not only pay less for the paint itself, but use less of it, and therefore pay less by not needing as much. In green lingo, this is referred to as "Demand Side Management" and is an integral aspect of green investing. If you use less, you profit more.
Reason #4: You Are Doing Something Good For The Planet. Previously, this paint would have gone un-used, been sent to landfills, and added to our already burdensome waste streams. With Eco-Coat, you truly receive a healthy ROI for helping to create a healthier planet.
Now that`s what I call "Sustainable Real Estate Investing"
Please feel free to post your thoughts and ideas around other ways to green your properties while putting more green in your jeans!
For more information on Eco Coat and other eco-friendly products for your properties, visit http://www.cleancalgary.org
Happy Green Investing,
Kevin.
