This is a beautiful, historic apartment building near Albert Lea Lake, just off Frank Hall Drive. It's in a quiet neighborhood where you can take leisurely walks along the lake. Check out your new neighborhood on Google Earth. This turn of the century landmark used to be a college dormitory. It's three stories, and it features original painted woodwork in the building as well as an open staircase. Quaint, comfortable and affordable, it's easy to fall in love with these apartments!
Advantages to Renting vs Home ownership
A common question that many people ask is: "Is it better to rent or to own?"
There's no right answer to this question. Each person, each family, has to figure that out for themselves. However, there are advantages to renting... lots of them. Let's list a few:
No Maintenance Costs or Repair Bills
Think about it... Not. One. Single. Repair. Bill. That alone should bring a huge smile to your face. That alone, for many people, is enough reason to rent instead of own. Especially when you consider the next reason.
Buying a house isn't always the smart financial move.
Hey, we didn't say it. Suze Orman said it. She's one of America's most trusted financial advisers, and the current economic climate has changed the old fashioned advice. It's a new day, and for many people, renting makes great financial sense!
Because of the flat housing market (yes, we know it's picking up a little bit)... if you buy a house, you may be stuck there a while. Maybe a long while. Renting in Albert Lea means that if it's time to move on, you aren't stuck trying to sell a house before moving.
Lower insurance costs.
Have you ever compared homeowners insurance rates to renters insurance rates? Instead of paying hundreds... maybe thousands of dollars a month, you can pay as little as $15 a month for most renters policies. Nice!
Lower utility costs.
If you rent an apartment in Southern MN, it's likely that your utility costs will be less than owning a house. "Living smaller" also means "living cheaper" and that's not all bad. :)
You have people on call.
Finally, here's the best benefit of renting in Albert Lea... if you rent from Complete Property Managers. You know how rich people can say... "I have people for that." Guess what? Now you can say that too! We have full time people to serve you and make sure that your rental unit is more than just a rental. We help make sure it's a home. Call us today if you'd like to rent from the most professional property management company in Southern MN.