This section contains 1,611 words (approx. 5 pages at 400 words per page) |
Sherrena
Sherrena Tarver was a black landlord in Milwaukee and one of two landlords that this book follows extensively. With her husband Quentin, Sherrena owned and managed a significant amount of properties on the North Side, the predominantly black neighborhood of the city. While many landlords are fearful of owning and leasing property in what many derisively call “the ghetto,” Sherrena believed it to be a promising business model and was generally very successful. By maintaining her properties to only minimal standards, Sherrena was able to channel most of her income from rent into personal profit. She also invested wisely following the mid-2000s housing crisis, buying property while it was extremely cheap and quickly recuping her investment to begin earning a return. As a result, she was able to live in wealthy neighborhood and travel frequently.
It is also clear that Sherrena worked extremely hard to manage...
This section contains 1,611 words (approx. 5 pages at 400 words per page) |