Today's episode is with Alex Reyna, an Open House Education community member, who shares her journey of buying a home with her friend, Amber. After facing numerous roadblocks during her three-year quest to purchase a home on her own—largely due to credit challenges from co-signing a mortgage for her sister—Alex partnered with Amber to finally make homeownership a reality. Together, they navigated everything from financial hurdles to creating agreements and learning how to live together after their purchase.
Alex, who also runs her own short-term rental management company, Your Cohosts, offers insight into the benefits of buying a home with a friend and how co-buying helped them double their buying power. Their story highlights the importance of communication, trust, and creativity when it comes to making homeownership possible.
In addition, the episode offers a glimpse into the growing Open House Education community, a nationwide group of women learning and supporting each other in real estate, and how it's empowering women to explore alternative paths to homeownership. If you’ve ever thought about buying a house with a friend, co-buying, or finding creative strategies to make real estate work for you, this episode is packed with inspiration and practical advice.
Chapters
02:59 The Journey to Homeownership: Alex's Story
05:58 The Decision to Partner: Trust and Skepticism
08:57 Finding the Right Partner: Amber's Proposal
12:04 Understanding Roles and Responsibilities in Partnership
15:01 Communication and Conflict Resolution
17:58 Living Together: Adjustments and Challenges
21:07 Financial Agreements and Operating Procedures
24:08 The Importance of Communication in Co-Ownership
26:58 Creative Solutions and Home Improvements
29:49 Long-Term Plans and Future Investments
33:00 The Impact of Community and Education on Real Estate
35:57 Reflections on the Experience and Lessons Learned
Get in Touch
Comments, suggestions or feedback? Email Kristina at kristina@openhouseeducation.com
Here is our new Instagram account! It needs some love, please follow :)
@OpenHouseEducation
Check out our new website & join our new community waitlist! We are officially launching in early November! OpenHouseEducation.com
If you know of any ladies I should connect with about this new venture for potential partnerships, please send them my way. Email us!
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Ruthie's Table 4
For more than 30 years The River Cafe in London, has been the home-from-home of artists, architects, designers, actors, collectors, writers, activists, and politicians. Michael Caine, Glenn Close, JJ Abrams, Steve McQueen, Victoria and David Beckham, and Lily Allen, are just some of the people who love to call The River Cafe home. On River Cafe Table 4, Rogers sits down with her customers—who have become friends—to talk about food memories. Table 4 explores how food impacts every aspect of our lives. “Foods is politics, food is cultural, food is how you express love, food is about your heritage, it defines who you and who you want to be,” says Rogers. Each week, Rogers invites her guest to reminisce about family suppers and first dates, what they cook, how they eat when performing, the restaurants they choose, and what food they seek when they need comfort. And to punctuate each episode of Table 4, guests such as Ralph Fiennes, Emily Blunt, and Alfonso Cuarón, read their favourite recipe from one of the best-selling River Cafe cookbooks. Table 4 itself, is situated near The River Cafe’s open kitchen, close to the bright pink wood-fired oven and next to the glossy yellow pass, where Ruthie oversees the restaurant. You are invited to take a seat at this intimate table and join the conversation. For more information, recipes, and ingredients, go to https://shoptherivercafe.co.uk/ Web: https://rivercafe.co.uk/ Instagram: www.instagram.com/therivercafelondon/ Facebook: https://en-gb.facebook.com/therivercafelondon/ For more podcasts from iHeartRadio, visit the iheartradio app, apple podcasts, or wherever you listen to your favorite shows. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com