JF2817: Building Momentum from House Hack to LP ft. Nicole Pendergrass

<p><span style="font-weight: 400;">Nicole Pendergrass started her career in value-add commercial multifamily with a three-family house hack in the Bronx. Today, she is the founder of Noirvest Holdings, which focuses on value-add commercial multifamily with a mission to increase equity and net worth for communities of color. In this episode, Nicole shares how her first property helped her to become an LP investor, the hardest lesson she’s learned so far, and how she plans to execute her mission.</span></p> <p><strong>Nicole Pendergrass | Real Estate Background</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Founder of Noirvest Holdings, which focuses on value-add commercial multifamily. Their mission is to increase the equity/net worth of communities of color by providing access to investment opportunities.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">Owns three properties, totaling 14 units. Three are owned solely and 11 owned 50/50 as JV.</span></li> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">LP of 96 units</span></li> </ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Full-time career is in health care administration.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in: Bronx, NY</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Say hi to her at:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://noirvestholdings.com/"><span style= "font-weight: 400;">noirvestholdings.com</span></a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://www.facebook.com/nvestornikki"><span style= "font-weight: 400;">Facebook</span></a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://www.instagram.com/nvestornikki/"><spa