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All Forum Posts by: Maya Grevatt

Maya Grevatt has started 2 posts and replied 2 times.

I am interested in thinking about how people seeking financial freedom through real estate investment might be able to align their efforts and decisions with their values. Is anyone thinking or talking about strategies or models of REI that both build wealth AND have a positive social impact/outcome on racial and housing equity and access...?

I recently closed on a triplex in NH and my career is focused on racial and economic equity. I'm curious if there are any companies or groups challenging the presiding assumption that building individual wealth through real estate inherently reinforces and exacerbates housing equity/justice issues... maybe there are strategies that allow people to align REI teams and rental approach with social impact objectives? Are any BP members interested in or aware of groups talking about this concept?

I am in initial conversations with a small, regional group exploring this idea; if you have thoughts or are interested in being involved, please let me know!

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $400,000
Cash invested: $80,000

Triplex rental in Lebanon, NH, near Hanover and Dartmouth universities and hospitals. Property includes a duplex with a 1/1 and a 2/1, and a standalone 1/1 cottage.