Co-Buying a House with Friends: How Alex & Amber Made It Happen

The Open House Podcast: Where Women Talk Real Estate

Today's episode is with Alex Reyna, an Open House Education community member, who shares her journey of buying a home with her friend, Amber. After facing numerous roadblocks during her three-year quest to purchase a home on her own—largely due to credit challenges from co-signing a mortgage for her sister—Alex partnered with Amber to finally make homeownership a reality. Together, they navigated everything from financial hurdles to creating agreements and learning how to live together after their purchase.

Alex, who also runs her own short-term rental management company, Your Cohosts, offers insight into the benefits of buying a home with a friend and how co-buying helped them double their buying power. Their story highlights the importance of communication, trust, and creativity when it comes to making homeownership possible.

In addition, the episode offers a glimpse into the growing Open House Education community, a nationwide group of women learning and supporting each other in real estate, and how it's empowering women to explore alternative paths to homeownership. If you’ve ever thought about buying a house with a friend, co-buying, or finding creative strategies to make real estate work for you, this episode is packed with inspiration and practical advice.

Chapters
02:59 The Journey to Homeownership: Alex's Story
05:58 The Decision to Partner: Trust and Skepticism
08:57 Finding the Right Partner: Amber's Proposal
12:04 Understanding Roles and Responsibilities in Partnership
15:01 Communication and Conflict Resolution
17:58 Living Together: Adjustments and Challenges
21:07 Financial Agreements and Operating Procedures
24:08 The Importance of Communication in Co-Ownership
26:58 Creative Solutions and Home Improvements
29:49 Long-Term Plans and Future Investments
33:00 The Impact of Community and Education on Real Estate
35:57 Reflections on the Experience and Lessons Learned
Get in Touch

Comments, suggestions or feedback? Email Kristina at [e-mail]

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If you know of any ladies I should connect with about this new venture for potential partnerships, please send them my way. Email us!