From the desk of Matt Taylor, developer of The Homes at Eagles Landing South

I have developed college student rental property for close to 10 years comprising over 475 rental houses. I invest solely in this type of property because I believe it offers an opportunity for both the best return and best appreciation of any investment property type. Furthermore, it is satisfying to know that my close friend, a stockbroker, has most of his savings not in stocks or mutual funds, but in college student rental houses.

Your time is valuable so I'll keep this concise and informative. Below you will see my many "bullet" points that describe why I believe buying a Home at Eagles Landing South is the best investment you can make.

With the appropriate financing, you can get a return on your investment of well over 20%. This assumes you put down 10% of the current sales price with the current 5 year ARM over 30 years based on rates at www.Bankrate.com as of 1/19/2006*. Once you take out your mortgage payment, taxes, insurance, and the HOA fee that protects your investment, your return can be well over 20% of your investment*. The HOA (homeowners' association) fee protects your investment by enforcing tenant rules, paying landscape maintenance and seasonal color planting, garbage pickup, property clean-up, as well as paying for street lights, street and parking repair fund, and bi-weekly full property cleanup. This is truly a turn-key investment.

Houses appreciate much faster than apartments and are, simply, the most popular housing for college students. I have invested in over 450 houses and zero condos for this very reason. I have NEVER had a vacancy in a house.

Historically, rent rates have increased by over 6% annually. Just 5 years ago it was rare to find college housing renting for more than $300 per bedroom.

Today $300 per bedroom is the lower end housing for students. Rents have steadily increased $100/mo. every year ($1200.year). If your mortgage payment stays the same and you annually raise the rent….well you get the picture.

Location, location, location is critical. We are located 1 mile from S. College and the WalMart Super Center and only 2 miles from campus and I-85 exit # 51. We are centrally located to the newest growth of restaurants in Auburn. Once Longleaf Dr completes its construction connecting S. College to Cox Rd, we will be on one of the busiest corridors for students going from one side of campus to the other.

It is rare that a college student, today, graduates in less than 5 years. The longer a tenant stays, the better. Students will move from an apartment to a house, but I've never heard of a student moving from a house to an apartment.

Contact us to make the best investment you ever made.

* Prestige Properties, LLC did not write this page and is not responsible for errors in this letter. All facts and figures are based on personal financing and the year of purchase, interest rate. Please seek advise of financial consultant for exact figures.

Thanks for your time and interest,