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Updated almost 10 years ago on . Most recent reply

User Stats

54
Posts
18
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David A.
  • Connecticut
18
Votes |
54
Posts

REI as a Vehicle for Social Change?

David A.
  • Connecticut
Posted

Good morning/afternoon, all!

So I'm currently living abroad doing volunteer work, and when I get back stateside in a year and change, have plans to start investing in real estate, mostly house-hacking and transitioning into accumulating MFHs. 

My question is : does anyone have creative ideas for ways to use real estate investment as a positive social change vehicle? I guess providing low-income housing in general (Section 8/whatever the new name for it is) fits the bill, but I'm looking for any out-of-the-box ideas. Is this possible only in, say, commercial property, or can anyone think of ways that residences can be used to promote social welfare beyond low-income housing and still be profitable?

Thanks in advance, I look forward to hearing everyone's thoughts!

Most Popular Reply

User Stats

1,351
Posts
1,087
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Josh Caldwell
  • Investor
  • Dallas TX, United States
1,087
Votes |
1,351
Posts
Josh Caldwell
  • Investor
  • Dallas TX, United States
Replied

Yes, I create home ownership by creating owner finacing deals and then passing them on to people who cant get traditional finacing.  Turning someone from a life long renter into a home owner, and providing the sense of responsibility that comes along with owning a home can alter the trajectory of a family for more than a generation.  That and you can make piles or money doing this. 

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