Karma Ventures, LLC is a Real Estate management and development company that was started in 1997. Doug Obey is owner and managing member and has developed properties like the one shown above in Harwich Port, MA and renovated and rehabbed dozens of others. This “venture” was an outgrowth of Doug’s involvement with income properties for the past 35 years and a relationship with a financial planning client which was subsequently bought out in 2001. Doug now owns and manages many properties, some with different partners.
Doug Obey is also a Registered Investment Advisor (RIA). He manages his own Family Office. He owns and operates Karma Advisors, LLC and assists others in managing their wealth and financial affairs and has been doing so since 1984.
Doug has always been civically minded and conservative by nature. He re-formed the Westwood Republican Town Committee in 2005 and subsequently ran for State Senate in 2006 but lost to an 18 year incumbent. He then ran for an open seat in a special election for State Representative the following year. He placed second in that three way race. Needless to say conservative views weren’t very popular at that time. Maybe someday they may be more in vogue but for now Doug’s political aspirations are over. For now and into the foreseeable future Doug is content just helping people attain their personal financial goals either as advisory clients or partners in real estate ventures.