Investing.

Investing in real estate has always been a great way to diversify your income, protect your money and earn more. Understanding the basic principles behind successful property ownership is key. Owning a home and an apartment building require different skills and its important to understand the differences between the two.

Reasons to Invest

Many reasons people choose to invest in real estate are:

  1. Steady income stream for a long period of time
  2. Growth in net worth through the increase in property value
  3. Potential tax write-offs to lower your tax obligations
  4. Security through the ownership of a fixed asset versus the market336 east front
  5. Diversification of your investments
  6. Multiplication of your sources of income. Earn money while you are away

First Time Investors

Some tricks of the trade are vital for first time investors. Its important to focus on your first investment in many ways:

  1. Choose a property in a good area close to your home
  2. Don’t purchase too large of a property. Start small. Limit your risk and your exposure
  3. Control your situation by limiting your liability. Consider establishing a holding company
  4. Insurance is key
  5. Finding good financing and favorable financing
  6. Work with a broker to help guide you through the purchase process
  7. Ask around. Who else around you is already an investor?

Seasoned Investors

As a seasoned investor I can say I always focus on the numbers. Looking for the best deal in an up and coming market is always a great way to grow your net worth. Some thoughts to keep in mind:

  1. Property Appreciation in certain areas
  2. Local market & surrounding real estate values
  3. Future property potential, are rents at or below market rate? Could they be higher?
  4. Could the renovation of a property result in a more valuable and more profitable investment?
  5. Growth of your portfolio – are you protected, control your liability.
  6. How much, is too much? When do you need help managing your growth?
  • I have been a tenant here for over 6 months. Anytime there has been an issue or concern, the property owners have addressed it in a timely manner. The staff are always pleasant to deal with no matter the situation!!

    Suzanne
    Resident

  • The people at Towne Housing were fantastic to deal with. Whenever a problem arose within my apartment, they always handled it with haste and care. They always made me feel appreciated for being a good tenant. If you’re a good tenant too, expect Towne Housing to be a great landlord service to you.

    Rachel
    Former Resident

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Rental Qualifying Standards

Please read carefully before submitting:

  1. Towne Housing Real Estate does not insure tenant's personal property. All tenants must have renter's insurance for their own protection.
  2. Application Fee of $35.00 is charged to the accepted applicant at or prior to signing of lease agreement.
  3. I understand that pets are not permitted without prior approval and agreement to any and all restrictions of Landlord. If permission is granted for a pet, I understand a pet fee is charged and a Lease Addendum Governing Pets must be attached to lease agreement.
  4. An initial holding fee equal to one month's rent is requited by the accepted applicant (will be transferred as security deposit).

Applicant acknowledges that this application has been personally filled out by the applicant and the information provided is true and complete. Applicant authorizes verification of any information contained in this application. The holding fee paid is not refundable after 72 hours if this application is approved following verification. The full security deposit, first month's rent, prorated rent (if applicable), application fee, & pet fee (if applicable) are due at or prior to signing.