In this episode of His & Her Money, we talk to a special guest – Rob Rose. However, we’re not talking to Rob about his debt-free journey.
Instead, Rob shares an incredible resource available across the country that could provide easier access to personal and community wealth building through real estate investment.
Rob is the executive director of the Cook County Land Bank Authority. A land bank is what the name states – it can bank and hold distressed properties that are either foreclosed or abandoned.
Their mission is to make these properties available to potential investors, business owners, and homeowners at below-market prices to stabilize neighborhoods through community-based wealth building.
An expert on real estate development, Rob dives into the importance of keeping money and wealth within communities. The Cook County Land Bank has reached almost its 500th rehab, and Rob shares the inside scoop on what their land bank looks for in potential investors.
Also, who are allowed to apply for these properties, common mistakes property investors make, and an incredible opportunity to win a free home!
If you’re looking to build your wealth and are interested in real estate investment, this is the episode for you. Cook County Land Bank isn’t the only one of its kind – there are about 150 similar organizations around the country! You’ll leave inspired and excited to not only invest in your own wealth but the future wealth of your community.
What You Will Learn
- The importance of community-based wealth building
- How to keep wealth within a community
- About the role of land banks
- Expectations for property investors
- Common property investment mistakes
Resources Mentioned
Thanks For Listening!
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