Real estate investment as a social enterprise

[Marylin OShea]

Hello everyone, I would like to position my investment strategy as a social enterprise, and haven't been able to find relevant conversations about that subject just yet.

I am interested in "investing for good" in the Annapolis, MD area, not so much for the purpose of cash flow generation, but to support my community - buying small properties, affordable for a low-income family, and helping out those who may lack credit or references yet are in a truly dire financial situation - whether they are vets, victims of domestic violence, documented immigrants, etc.

This may sounds suspicious to you all, but I am happy to hang on to the equity and not make much cash. I am lucky to have a solid FT job (which is also geared towards social services) and I am a very conservative spender -- so I can allocate part of my reserves to helping families cope.

Can anyone refer me to resources (books, online) or users who have experience with similar initiatives?

Thanks in advance,
Marylin

[Thomas S.]

What you are talking about is a charity. There are most likely charitable organisations in your area that can assist you in this endeavor as opposed to investors.

Charity and business are at opposite ends of the spectrum. Most investors prefer to donate money to their preferred charity rather than intermingle the two. It rarely works out well for a investor to gear investments to affordable housing projects.