envest
now you're home ™
envest™ isn't your typical rental.
it's better.
HERE'S HOW IT WORKS
You partner with us, and we purchase a home for you. You rent the house, practice homeowner mindset™, and get support from from a coach who helps you increase the value of your home and your neighborhood.
As a reliable, active partner, you earn up to 40% of the appreciation of the property. Whether you continue renting, buy the house, or move - your share in the appreciation is yours to cash out or to keep.
Renting vs Owning. Both have benefits!
As a renter, you aren't at risk for costs like a failed air conditioner, foundation, or roof. You aren't tied to a 30-year debt obligation, and you aren't stuck in an upside-down mortgage if home prices decrease.
envest offers the flexibility and safety of renting.
As an owner, when your house increases in value, the increase belongs to you (called appreciation). Homeowners build asset value when they take great care of their home and build a better neighborhood.
envest shares up to 40% of the appreciation
TOUR ENVEST HOME RENOVATIONS
What is Homeowner Mindset?
We seek partners who have homeowner mindset, who want to increase their homeowner mindset, and who want to treat their home as a way to build assets.
Homeowner Mindset is the attitude, knowledge, and practices that you see in someone who cares for their home and their neighborhood. It's something people have, learn, cultivate, and put into action. You see it in everything from changing the air filters to making good decisions to being a great neighbor.
With envest, each Equity Resident - that's you - gets a coach. If you already know everything about taking care of a house, great - your coach will help you improve your block and neighborhood. If you don't know some of the basics of taking care of a home, that's alright too - your coach can show you how to take care of a house.
Your coach is a connection to many resources to maintain and increase the value of your home - and for how to turn that value into personal assets for you and your family.
How We Do It
You are the key.
In a typical rental, the property appreciation and profits go to the landlord alone. With envest, up to 40% of that appreciation value goes to you. How?
envest works because of you. We believe that by selecting and coaching people with homeowner mindset, our homes will cost less, earn more, and appreciate more.
Our roots are in the nonprofit world, starting from the idea that "We Care." envest works because we don't view you as a tenant: instead, you are our partner, stewarding the home's value while you live in it.
Why We Do It
We believe in people.
envest was started by a team of entrepreneurs and nonprofit leaders who believe in people, relationships, and neighborhoods. We want to partner with people who have homeowner mindset but aren't ready for a mortgage right now. We believe that we can make our neighborhoods better and share the rewards of the increasing home value we create together.
How can I participate?
envest is growing its portfolio in Shawnee, Oklahoma, but will soon be making waves across the nation.
envest is a social enterprise created by Community Renewal of Pottawatomie County, a 501(c)(3) organization in Shawnee Oklahoma, and Good Returns Group Inc., a Dallas-based producer of impact organizations. envest was developed with the support of Avedis Foundation, Sapphire Foundation, and SUSTAIN Initiative. We all practice Sustainable Philanthropy. To learn more about our work, contact us here.