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, I sit down with Yamundow Camara, an Atlanta-based real estate investor who came to the U.S. in 2016. She completed her first two out-of-state deals in 2020 and today, Yamundow has 28 doors, including an 8-unit which she rents out to travel nurses.Hailing from the Gambia, Yamundow is the first member of her family to successfully move to America. She used her scholarship to study computer science in university, but her entrepreneurial spirit quickly drew her to the world of real estate. In this episode, Yamundow shares how she was able to overcome the many unexpected challenges that came her way during her very first deal, the advantages of owning Section 8 properties, and how she was able to scale her business so quickly in just two years.Highlights1) When negotiating that first deal, it’s natural to lack confidence and to defer to your property manager. Remember that you have a voice: It literally pays to ask questions and study your contract closely to ensure the numbers add up.2) Aside from her thorough and methodical approach to real estate, one of Yamundow’s biggest keys to success is her focus on networking. She surrounds herself not just with other investors, but with landlords and contractors with whom she sees potential partnerships.3) While it’s always nice to earn from someone else’s property via rental arbitrage, note that your landlord can change the rules overnight. By owning your own property, you have a more reliable long-term, potentially appreciating asset while effectively tripling your cashflow.How to find herInstagram - @buildingwealthfromrentalsLearn how to invest out of state- https://www.outofstatemoney.com/ Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Learn how to build your real estate team- https://bit.ly/buildyourteambredLearn how to find your first tenant- https://bit.ly/firsttenantcourseText BRED to 74121 to join our VIP Text List to get a free training and the latest updates!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!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, Alex Coleman @alrehabshouses who has flipped over 70 houses discussed his approach to flipping, financing his projects 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!As a real estate investor, you have to see potential in the area you're investing in. Buying and holding over the long-term is a recipe for success. The best thing is, it all starts with one property. Kasondra Milton (Episode 58) and Storm Leroy (Episode 65) talk about investing in their first deals, gentrification and investing during the market crash. 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. Learn how to invest out of state- https://www.outofstatemoney.com/ Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Learn how to find your first tenant- https://bit.ly/firsttenantcourseLearn how to build your real estate team- https://bit.ly/buildyourteambredText BRED to 74121 to join our VIP Text List and to get a free trainingAdvertising 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 Juwan Rohan, a realtor, investor, and “progressive entrepreneur” based in the Bay Area. Alongside his real estate career, he is the host of The Misguided Podcast.Juwan purchased his first property last year and he is currently using it as a short-term rental on Airbnb. He spent three years before that first purchase studying the real estate world as much as he could.In this episode, Juwan speaks on navigating the typical challenges of managing an Airbnb rental, why it’s so important to have reserves and not rest on your laurels even once you close your first deal, and why having rentals in your business name instead of your personal name is almost always a better option.Highlights1) In real estate, there are many ways to enter and many ways to exit. Juwan reminds us that a seemingly “bad” deal today doesn’t necessarily have to stay that way with some initiative, creativity, and even a bit of luck on your part as a business owner.2) If you’re thinking about managing an Airbnb rental, note that furniture is likely going to be your biggest expense. Get creative here by, for example, looking for places that will rent you furniture on a monthly basis (some even offer student and military discounts up to around 80%).3) Juwan suggests always putting the property in your business’s name instead of your personal name. Not only will this protect your personal assets, but will also give you a much easier time dealing with leasing companies, who will only care about whether you’re bringing in rent every month as a corporate entity.How to find himInstagram - @juwanrohanmusic @themisguidedpodcastLearn how to invest out of state- https://www.outofstatemoney.com/ Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Learn how to build your real estate team- https://bit.ly/buildyourteambredLearn how to find your first tenant- https://bit.ly/firsttenantcourseText BRED to 74121 to join our VIP Text List to get a free training and the latest updates!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!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 discuss how to build your real estate team. I discuss how to find an Accountant, Contractor, Property Manager and more. I also shared some of the mistakes I made in these areas. 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!As a real estate investor, you have to know your criteria for properties and when it's time to pivot. You may have to invest in a new market or pick a new strategy. It's important to be open to this as you grow your real estate portfolio. Marques Murrey (Episode 111) and Austin Smith (Episode 114) talk about investing out of state, finding the right market, 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. Learn how to invest out of state- https://www.outofstatemoney.com/ Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Learn how to find your first tenant- https://bit.ly/firsttenantcourseLearn how to build your real estate team- https://bit.ly/buildyourteambredText BRED to 74121 to join our VIP Text List and to get a free trainingAdvertising 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 Dallas-based Underwriter, David Ball who is best known by his social media handle @coinsnculture. He is the host of House Rich: The Real Estate Show.Dave has seven years of experience in the real estate industry, a majority of which were spent as a Loan Officer and Underwriter. His goal for the @coinsnculture brand is to give people the knowledge and confidence they need to buy their first home.In this episode, Dave discusses the roles of the loan officer and underwriter in your home-buying journey, the importance of interviewing your potential lender or realtor before purchasing a property, and how to navigate fears of a looming recession on your home-buying journey.Highlights1) If you’re in the process of buying a home, lenders are only looking for three things: your credit (35% includes paying your bills on time, another 30% is credit card utilization), your debt-to-income ratio (your monthly financed debts + your future mortgage payment ÷ your income before taxes), and your available funds for the down payment.2) There are three questions to ask when buying a home: “What is my current living expense?”; “How much money do I need to save in order to buy the home?”; and, “What is my credit score?”3) The uncertainties of today’s economy make the homebuying journey extremely difficult. But to Dave, instead of waiting for the “perfect” time to buy a home, he believes that the most important question to ask yourself is whether your budget fits your goals.How to find himPodcast- House Rich: The Real Estate Show Instagram - @coinsncultureLearn how to invest out of state- https://www.outofstatemoney.com/ Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Learn how to build your real estate team- https://bit.ly/buildyourteambredLearn how to find your first tenant- https://bit.ly/firsttenantcourseText BRED to 74121 to join our VIP Text List to get a free training and the latest updates!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!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 discuss how to build your real estate team. As an out of state investor, I’ve learned through trail and error how to build my team. My goal is to help you avoid the mistakes I made.  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!Having the right mentorship as a real estate investor or developer can change the game for you. It's also important to have a vision and see the potential in a community that others can't see. Chris Senegal (Episode 59) and Tyron McDaniel (Episode 60) talk about mentorship, buying back the block, building your first home 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. Learn how to invest out of state- https://www.outofstatemoney.com/ Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Learn how to find your first tenant- https://bit.ly/firsttenantcourseLearn how to build your real estate team- https://bit.ly/buildyourteambredText BRED to 74121 to join our VIP Text List and to get a free trainingAdvertising 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!According to the New York Times, some homeowners decided to cash out after and sell after seeing their home values increase tremendously over the past few years.Many decided to put the money away and become renters. Some are betting on home prices decreasing drastically to buy again. In this solo episode, I share my opinion on each of the homeowners mentioned and other things I think they should have done.Learn how to invest out of state- https://www.outofstatemoney.com/ Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Learn how to build your real estate team- https://bit.ly/buildyourteambredAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy