Rich sits down with Karl Gorman — the founder and CEO of GLH LLC; Managing Partner of Valhalla Capital; Co Founder of Black Future Foundation and board member of The University Club Atop Symphony Towers. Karl has been recognized as Top 50 Most Influential leader and has over 20 years of Corporate American experience where he worked for a few of the largest financial institutions in the world. He’s currently working on a $3B international lending company and running several multiple million dollar real estate projects.

Rich and Karl discuss Karl’s journey with, and the intricacies of affordable housing, 1031 exchanges, Airbnbs, returns on investments, and a deep dive in Section 8 housing. They also reflect on tax abatements and tax credits, building generational wealth, capital stacking, the differences in permit processes between states, being a board member of The University Club, and Karl’s initiative to aid young black people in getting through college and learning financial literacy. Lastly, Rich and Karl talk about what an underfunded founder looks like in venture capital.
 
 Connect with Karl on Instagram: @glh_capital

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