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Postgreen Rentals and a New Opportunity to Invest

by Nic Darling on January 31, 2011 · 2 comments

in Development,financing,Press and News,rental

Our business model to date has identified itself with home ownership, but we are also big fans of rentals. Rental units are a key part of an urban housing mix providing density, incubation for future homeowners and variety for those who just don’t want to be nailed down. If ownership offers a neighborhood a stable base then rentals are the energy that keeps it from stagnating. Rental units are also an important part of our ongoing business goals as we look toward offering people a variety of ways to buy into the Postgreen idea.

We believe there is a big opportunity to introduce healthy, energy efficient options into the rental market. Much like “for sale” housing, rentals seem to have a huge void in the area of reasonably priced, design-centric, sustainable units. Too many renters are paying too much for utilities and living with sub-par air quality, and we think we are in a position to do something about it . . . for a few of them anyway. We will be talking about this extensively here and over at the Postgreen Homes Blog as we get started, so stay tuned.

We are looking to start construction on our first rental units in the next couple of months. To that end, we have sent out an investment proposal for the project to those on our Qualified Investor List. If you think you are on that list and didn’t get a proposal, or if you would like to be on that list, let us know. We are on a tight deadline for our first couple rental properties, so if you want in, speak up soon.

A short and somewhat unsatisfying post, I know, but think of it as a preview of more exciting things to come. Thoughts are welcome in the comments.

If you enjoyed reading this post I can promise you'll love our new writing over at Postgreen Homes. Yeah, we know that's the same thing your favorite band said and their new album is nowhere near as good as their early stuff, but seriously, we are actually still getting better.

There also isn't much conversation to be had here . . . at least not with us. So come on over to the Postgreen Homes Blog and tell us what you think of our new(ish) digs and crazy ideas. We will be sure to tell you what we think of your opinion.

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January 31, 2011 at 4:20 pm

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1 Sarah King February 1, 2011 at 4:20 pm

I invite you to follow ECO Modern Flats in Fayetteville, Arkansas. A gut renovation of a late 1960′s apartment complex with 96 one-bedroom units. People are hungry for energy efficient, healthy, well-designed rentals, and we’ve seen tremendous response in our community. We are inspired by your work and huge fans of 100K house–can’t wait to see your new rental projects as they evolve.

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