💸 Angela Oakley’s Real Estate Gamble
Angela Oakley is all in when it comes to her latest venture—real estate. But on the May 11 episode of “The Real Housewives of Atlanta,” things got real when the Bravo star revealed just how deep she is financially tied up.
While checking in on one of her remodeled homes, Angela shared that she’s flipped several properties.
The problem? None have sold yet.
So I own five investment properties.
Most of them are ready for the market.
It’s just that the price that we are positioning them at hasn’t been the most welcoming to the market, because I haven’t sold any of them yet.
Then came the jaw-dropper:
I’m in debt $2 million, so I am in some deep s**t with these houses.
🏠 Kelli Ferrell Checks Out Angela’s Fixer-Upper
Angela was hopeful that her latest listing would be the one to finally cash out.
But when frenemy Kelli Ferrell came by to see the property, her reaction was…less than encouraging.
“When do you think it’ll be ready?” Kelli asked.
Angela confidently replied, “It’s about to hit the market in the next 10 days.”
Kelli’s confessional cut to the core:
I mean, the ceilings are a little low. The kitchen is nice. I mean, it’s cute, don’t get me wrong.
But things went downhill from there.
The pool had no water, the yard was unfinished, and upstairs?
Barely any closet space.
“I don’t know, girl. I don’t know if you’re gonna get $3 million for this,” Kelli laughed when Angela revealed the asking price.
💔 Trouble At Home With Charles Oakley
As if the housing market wasn’t stressful enough, Angela also opened up about tension in her marriage to former NBA star Charles Oakley.
Marriage is work, and you have to both decide to fight to make it work.
The storybook romance that we grew up believing, it just does not exist.
Angela admitted her new career has created friction at home. In a previous episode, she revealed that Charles had financially backed her real estate dream, and now she’s eager to prove it was worth the risk.
He invested his trust, he’s invested his money.
So showing him that I can get this done will allow him to trust me more with my real estate endeavors.
But plans for a vow renewal are currently on hold due to the financial strain.
Charles is holding our vow renewal over my head because he feels like we spent all this money on these houses.
Let’s handle this first and then we can jump into something else.
📺 Don’t Miss What’s Next
The drama, the debt, and the designer dreams continue to unfold every week.
“The Real Housewives of Atlanta” airs Sundays at 8 p.m. ET on Bravo.
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