Habitat for Humanity
I am looking at some certain areas in Tulsa that I currently do not invest at. There are some Habitat for Humanity houses that are either currently being built or have already. I don't know too much about the program and have some questions, hopefully others can chime in:
1. The land is donated, but is there a certain criteria of that they try to build in? e.g. lower income but safe, certain % of homeowners.. etc.
2. Does having the houses in the neighborhood help with the valuation of others?
3. Any trends that you see follow with these homes being built?
4. Would you invest in an area that is strategically targeted? (as a realtor it feels dirty to say that haha)
Any other thoughts? Feel free to answer the questions or not, you can just talk about your experience either as a volunteer or investor
Cheers!