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LSR, Surge Homes program helps tenants build equity for home purchase

February 24, 2017 GMT

InvestRent, a joint program offered by LSR Communities and Houston-based developer and builder Surge Homes, is an incentive credit that builds equity by applying a portion of the rent from an LSR lease toward the purchase of a new Surge Homes residence.

Available to those signing a new lease or current tenants renewing a lease with any one of the six LSR apartment communities in Houston, InvestRent will provide an equity certificate good for 25 percent of the amount paid in rent up to a maximum of $5,000 that can be applied toward the purchase of a new Surge Homes condominium, townhome or single-family home.

The objective of InvestRent is to assist Houston renters who want to achieve homeownership.

“We understand that many people hope to own a home one day, but may not believe they are quite ready,” said Ben Lemieux, co-owner of Surge Homes and president of LSR Communities. “The InvestRent program aims to help our renters seamlessly move from one great property to another when the time is right for them to transition from renting to owning.”

The equity credit earned through the InvestRent program is only applicable to new condominiums, townhomes or single-family homes for sale by Surge Homes, located throughout Houston’s Inner Loop in areas such as the Heights, Midtown, Upper Kirby and the Museum District.

To take advantage of the InvestRent program, contact the management team at any of LSR Communities property in Houston. For more information on LSR apartment communities, visit www.lsrcommunities.com.