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
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
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.