Ep 11- Ownership is a work right, not a birth right
Black Real Estate Dialogue
Shownotes Transcript
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This special episode with Odest Riley Jr, @odestriley was one for the books. Odest is the CEO of WLM Financial & Realty. He is also the Chair of REAP (Real Estate Associates Program) LA projectreap.org
In this interview, we discuss using group economics to buy your first home, investing in our communities and how his company can help you to become a home owner or expand your portfolio.
We also discuss the REAP (Real Estate Associates Program), a ten-week program that exposes minorities to commercial real estate careers. Our host completed the program this fall.
How you can find him
IG- @odestriley
Website
Recommended Book
The ABCs of Real Estate Success- Odest Riley Jr.-
https://www.amazon.com/ABCs-Real-Estate-Success/dp/1070891231)
Highlights
- Teamwork- We have to get over our differences and work together to become home owners and investors
- Home Equity- If you're using your home equity, make sure you have a plan. Don't take out so much money that will make your current mortgage affordable. You can use the money to pay student loans or to purchase another house
- Partnerships- It's important to have an exit strategy and a good plan if you want to raise money for real estate or work with a partner
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@mintinc_usa
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