Property Power Play
Subsidized Housing with Frank Morales & Lynn Meroll | S1, Ep 9
Season 1, Episode 9
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14m
In this episode of Property Power Play, host Kito J. Johnson and his special guests, Frank Morales and Lynn Meroll, delve into the world of real estate investing, focusing on their unique strategy of revitalizing dilapidated properties for subsidized housing. Frank and Lynn share their journey, starting from when they first ventured into Atlanta's real estate market to transform neglected houses into affordable homes. Their approach involves purchasing low-cost properties, renovating them, and leveraging subsidized housing programs to provide stable housing options. Despite challenges with managing tenants and bureaucracy, they emphasize the importance of creating opportunities and supporting the community. The hosts also touch on gentrification, dispelling negative notions and highlighting how their strategy benefits both investors and residents.