Black Real Estate Dialogue

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!Today is another session of our latest series of the podcast, the B.R.E.D Investing Community Highlight. This will consist of clips from our master classes in the B.R.E.D Investing Community. In this session, Niyi Adewole discussed how he approaches buying apartment buildings, included the tools he uses. So much game was dropped in this clip, so make sure you tune in! This is our last segment of the Community Highlight series. Next Friday we will debut our new series! Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!Financing and location are some of the most important aspects of real estate investing. It’s important to have these two things secured to make good decisions. John Casmon (Episode 116) and Alex Coleman (Episode 118) discuss financing real estate deals, important tips for market research and more. This is an episode that you don't want to miss!We will be releasing mashup clips on various topics every Wednesday at 5pm PST/8pm EST. If you want to hear the full episodes, you can go back and listen to them. Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!Today, we once again sit down with Dallas-based mortgage professional Dave Ball best known by his social media handle @coinsnculture. In this episode, Dave breaks down Bank of America’s new home loan program focusing on Black and Hispanic communities, the Community Affordable Loan Solution™. He clears up common misconceptions surrounding the program and explains how to maximize one’s potential to be approved for a mortgage according to BofA’s stringent lending guidelines. We both share the concerns we’ve heard from our audiences as well as false information that has been spread about it.  Dave also highlights the importance of financial responsibility when purchasing any property, and offers his best advice on protecting your real estate investments in a downmarket, and even in a recession.Highlights1) BofA’s program requires potential borrowers to have a 50% or less debt-to-income ratio, three credit tradelines (credit scores), and no late payments within the last six months on your credit report. They also take non-traditional credit into account, including utilities, car payments, etc.2) This program does not equal redlining because BofA is incentivizing Black and Hispanic communities to take advantage of this opportunity and they are lending in those neighborhoods.3) Regardless of whether you want to buy a home in an upmarket, downmarket, or sideways market, plan to live in that home for a minimum of three years. As long as you purchase a home within your budget, you will be relatively unaffected by current market conditions.How to find himInstagram - @coinsncultureEpisode 41 About Redlining- https://podcasts.apple.com/us/podcast/black-real-estate-dialogue/id1485181666?i=1000489156878Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!Today is another session of our latest series of the podcast, the B.R.E.D Investing Community Highlight. This will consist of clips from our master classes in the B.R.E.D Investing Community. In this session, Marion Lee answered questions from the group about refinancing, setting the right rent, how he finds deals and more. So much game was dropped in this clip, so make sure you tune in!  If you enjoy the clip, you can hear the full session by joining the B.R.E.D Investing Community.Join the B.R.E.D Investing Community -> https://bit.ly/bredcommAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!A hot topic is always whether or not to sell homes that have been in your family. There are many reasons why you should never sell!DC Casey (Episode 104) and Alex E. Edwards (Episode 110) discuss never selling properties, keeping homes in your family and more.  This is an episode that you don't want to miss!We will be releasing mashup clips on various topics every Wednesday at 5pm PST/8pm EST. If you want to hear the full episodes, you can go back and listen to them. Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/bredcommAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!Today, we sit down with Scottie Smith, II, a Dallas-based real estate broker and Official Member of Forbes Real Estate Council. He began his real estate career at the age of 19 when he bought his first property using his scholarship money. By 21, he had done a major flip, a wholesale deal, and added another two properties to his portfolio.Later on, Scottie decided to become a licensed broker. His aim was, and still is, to inspire and educate men and women who look like himself to build wealth using real estate.In this episode, Scottie shares how he was able to find 104 people to invest into The Retreat at Lake Noire—his real estate project in Oakwood, Texas. He explains how his approach to affordable housing empowers and equips disadvantaged families to leave a legacy for future generations.Highlights1) When networking with people in the real estate industry, from trades to finance, focus on nurturing relationships for the long-term. You never know what opportunities will manifest down the road.2) Success in finding the right investors and other key partners lies in masterfully telling a story about a property that doesn’t exist yet. You really only need one “yes” to open the door to capital.3) Turn a property into a profitable long-term investment by focusing on the long-term affordability of a home and not just buying cheap. This includes maximizing energy efficiency and installing low-flow toilets and water faucets, etc.How to find himWebsite - https://www.scottiesmith.coInstagram - @scottielsmithOur new merch is coming out soon! Text BREDMERCH to 74121 to get on the waitlist Sign up for our free Los Angeles Networking event on 9/22 https://bit.ly/bredeventAccess all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/bredcommAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!Today is another session of our latest series of the podcast, the B.R.E.D Investing Community Highlight. This will consist of clips from our master classes in the B.R.E.D Investing Community. In this session, I talk about the details of Bank of America’s new 0% down program. So much game was dropped in this clip, so make sure you tune in! If you enjoy the clip, you can hear the full session by joining the B.R.E.D Investing Community.Join the B.R.E.D Investing Community -> https://bit.ly/bredcommSign up for our free Los Angeles Networking event on 9/22 https://bit.ly/bredeventAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!As you grow your real estate business, you need to make sure you have a team and systems in place. This is especially important once you get over 50 doors. Eric Friday and Jamiel Strickland (Episode 117) and Derek Boone (Episode 133) discuss best practices for large portfolios, managing a team properly and more.  This is an episode that you don't want to miss!We will be releasing mashup clips on various topics every Wednesday at 5pm PST/8pm EST. If you want to hear the full episodes, you can go back and listen to them. Our new merch is coming out soon! Text BREDMERCH to 74121 to get on the waitlist Sign up for our free Los Angeles Networking event on 9/22 https://bit.ly/bredeventAccess all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/bredcommAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!This episode with Daron Campbell was powerful! Daron started his career as a Real Estate Agent in 1992 and is currently in the top 1% of agents nationwide. He has closed over $4 billion in real estate transactions. The turning point for Daron was when he was working in fundraising at UCLA and discovered that most of the donors built their wealth through real estate. One of them encouraged him to get his real estate license and the rest was history.Daron wrote 180 offers in his first year as an agent and closed 11 transactions. He routinely spent 8+hours per day making cold calls. After helping so many clients build wealth, Daron decided to start investing. He negotiated a seller finance deal for 16 units using the education he got as an agent. Daron went on to flip over 100 properties, own 800+ units and is currently Managing Partner at Globl Red, a private real estate firm. In this episode we discuss becoming a top Real Estate Agent, creative investing, how he built his real estate business and more. Highlights1) Perseverance is important in this business. Daron wrote 180 offers in his first year as an agent and closed 11 transactions. The relationships and skills he built during that year helped him take his career to the next level.2) If you don’t have all of the money to close a deal, consider using seller financing if the seller is open to it. 3) One of the keys to building wealth is finding a niche and focusing on one thing. Master one thing, then you can expand once you’ve developed that expertise.How to find him- IG @daroncampbellWebsite- http://daroncampbell.com/Our new merch is coming out soon! Text BREDMERCH to 74121 to get on the waitlist Sign up for our free Los Angeles Networking event on 9/22 https://bit.ly/bredeventAccess all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/bredcommAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!Today is another session of our latest series of the podcast, the B.R.E.D Investing Community Highlight. This will consist of clips from our master classes in the B.R.E.D Investing Community. In this session, Ogechi Igbokwe, how to build your real estate team, finding the right location ans important steps to grow your portfolio. So much game was dropped in this clip, so make sure you tune in!  If you enjoyed the clip, you can hear the full session by joining the B.R.E.D Investing Community.Join the B.R.E.D Investing Community -> https://bit.ly/bredcommAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy