Tiffany Ray: Empowering Communities Through Real Estate and Shared Housing

Summary

• 🎙️ Introduction to Tiffany Ray: Jerome Lewis hosts Tiffany Ray, a seasoned real estate professional, housing provider, and president of the Real Estate Investment Association of Greater Cincinnati (REIA GC). Tiffany shares her journey, highlighting her innovative approaches to housing and community empowerment.
• 🏡 What is a Housing Provider? Tiffany describes the role as a compassionate alternative to the term "landlord." Housing providers focus on delivering quality, affordable, and safe housing for tenants.
• 🌟 The Vision Behind REIA GC: REIA GC fosters ethical real estate practices, focusing on empowering investors to provide better housing options. Tiffany emphasizes transparency and community impact.
• 💡 Shared Housing Explained: Tiffany introduces shared housing as a modern evolution of boarding houses, where unrelated individuals live together. She explores its applications, including sober living homes, veterans’ housing, and affordable co-living spaces.
• 🛠️ Challenges and Red Tape: Tiffany discusses overcoming regulatory hurdles in setting up shared housing facilities, sharing insights from her licensing journey and the complexities of working with state agencies.
• 🌱 Re-Entry Programs: Tiffany highlights her involvement in re-entry housing, supporting formerly incarcerated individuals with transitional housing and resources to reintegrate into society.
• 💼 Ray of Hope Initiative: A passion project, Ray of Hope provides second-chance housing and real estate education to underserved communities, promoting homeownership and financial literacy.
• 📚 Advice for Aspiring Investors: Tiffany shares practical tips for beginners, emphasizing the importance of networking, mentorship, and leveraging local resources like REIA meetings and shared housing programs.

Insights Based on Numbers

• 30+ Years in Real Estate: Tiffany’s extensive experience includes real estate investing, shared housing, and community development.
• 4 Years in Shared Housing: Tiffany has focused on shared housing as a scalable, impactful solution to housing challenges.
• 22 Monthly REIA Sessions: REIA GC hosts over 22 focus groups monthly, covering topics like wholesaling, creative financing, and shared housing.

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