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!This episode with Alex Edwards was inspiring! Alex got his start in real estate after his college professor gave an assignment to buy something and treat it like a business. At 20 years old, he decided to buy a multifamily property for his assignment and left school because he couldn't pay for school and the mortgage. Unfortunately, he purchased his property during the subprime lending crisis and got a bad mortgage. He was able to save his house by getting a loan modification. Alex became a real estate agent and eventually got his broker's license so he could start his own brokerage. In addition to his business, he continued flipping properties and buying rentals with his wife. When his mother wanted to sell his childhood home, he bought it from her and paid out his siblings to keep it in the family. One of his proudest moments in building condos in the neighborhood he grew up in. In this episode, we discuss the Boston real estate market, growing your real estate business, keeping homes in the family and more. Highlights1) If there is a family property left to you and multiple family members, if the others want to sell you should consider buying them out so the property stays in the family. 2) If you live in Boston, there are a lot of programs that incentivize home ownership and provide support even though it's an expensive market. 3) If you're looking to get into development, don't reinvent the wheel. If the standard is 3 bed/2 bath for the area. do the same thing. From there you can add unique features to set yourself apart.How to find himIG- @alexeedwardsLearn 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 for $1- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Join the waitlist for my new course "A Beginner's Guide to Finding Your First Tenant"- https://bit.ly/yourfirsttenantAdvertising 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, Eric Friday talks about the basics of wholesaling real estate. If you don't have a lot of money but have time, wholesaling is a great way to generate income. You can use this income to buy rentals and this strategy will help you to become very good at finding deals. 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!This episode is all about married couples investing in real estate together. The right spouse can take your life and real estate business to the next level. In this episode, Ashley and Darien White (Episode 15) and Marques and Shyra Murrey  (Episode 29) talk about how they've been able to work together to build their real estate portfolios.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 for $1- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Join the waitlist for my new course "A Beginner's Guide to Finding Your First Tenant"- https://bit.ly/yourfirsttenantAdvertising 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 Jeremy and Joshua Mathis was legendary! After running a cleaning business for a little over a year, they realized that they weren't passionate about the business and sold it. The brothers got their start in real estate by wholesaling and once they closed their first deal, they knew that they found their next business.After a year of wholesaling, they decided to get into flipping houses. During that year they did over 20 flips. The following year, they started buying rental properties. During this time, they developed the skill of finding great deals and deciding whether to wholesale, flip or hold it as a rental. Their current rental portfolio is worth $5 million with about $2million in equity. This is an episode you don't want to miss!In this episode, we talk about finding mentors, finding real estate deals, the Miami real estate market and more. Highlights1) Persistence is necessary to close deals. Make sure you have a sequence of follow ups built into your strategy.2) If you are new to flipping houses, you should not do a full gut rehab as your first project. Do a smaller rehab that can be done in 90 days because it will boost your confidence.3) When you are looking for a mentor, make sure to ask for receipts and speak to previous clients. Don't be afraid to vet someone thoroughly. How to find themIG- @mathistwinsLearn 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 for $1- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Join the waitlist for my new course "A Beginner's Guide to Finding Your First Tenant"- https://bit.ly/yourfirsttenantAdvertising 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, Deandra McDonald discussed how she used house hacking to start her real estate investing journey and eventually grew her portfolio to 30 units. Real estate has allowed her to retire from her teaching career. House hacking is a great way to get started in real estate, especially if you have limited funds. 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!This episode is all about real estate partnerships. You can only go so far by yourself. Sometimes the right partnerships can take your real estate investing to the next level.In this episode, Ericka Williams (Episode 37) and Rashauna Scott (Episode 29) talk about how they use partnership to grow their real estate businesses. 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 for $1- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Join the waitlist for my new course "A Beginner's Guide to Finding Your First Tenant"- https://bit.ly/yourfirsttenantAdvertising 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 Page Turner was inspiring! Page has been a Real Estate Broker and Investor for 20 years. Her first show on HGTV was Flip or Flop Nashville. Her newest show on HGTV Fix My Flip, debuts on March 10th at 9|8c.Page started her real estate career working at Magic Johnson's company working in real estate development. When she moved to Nashville she decided to get her real estate license. She was a realtor for 3 years, got her brokers license and eventually started flipping houses. After the housing crisis, she pivoted and became an expert in foreclosures. From there she never looked back.She found out through a connection that HGTV was looking for a new show. She rewrote the script and her pitch was accepted. This became her first show Flip Flip or Flop Nashville. For her new show, now only is she the host, she is also the Executive Producer and Creator.In this episode we discuss her new show Fix My Flip, tips for house flippers, pivoting in real estate, future plans and more. Highlights1) Make sure you have a mentor who has been successful if you want to flip houses. You should always have a plan for every aspect of the flip 2) It's important to be resilient in real estate and business overall. There will always be challenges and it's important to not give up. 3) Pivoting is important in real estate. It's important to be ready to change your business if needed and you should always be learning about various parts of the real estate business.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 for $1- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Join the waitlist for my new course "A Beginner's Guide to Finding Your First Tenant"- https://bit.ly/yourfirsttenantAdvertising 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 talks about how to find contractors and negotiate with them. He does all of this from across the country and helped me to save thousands of dollars on my own rehab. It’s important to learn this skill so that you don’t get talent advantage of. 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!This episode is all about creatively acquiring properties. Creativity is a skill you must learn as a real estate investor because it will help you to grow your portfolio. In this episode, Brian Robinson (Episode 30) and Austin Smith (Episode 31) share how they used creativity in their real estate journeys. 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 for $1- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Join the waitlist for my new course "A Beginner's Guide to Finding Your First Tenant"- https://bit.ly/yourfirsttenantAdvertising 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 Dr. Julius Omi and Leslie Awasom was powerful! Julius and Leslie started off investing in single family homes separately. They met one another at work and after not having much success with single family homes, they decided to get into multifamily investing with a 3rd partner, Tenny Tolofari. When they decided on their target market, Tenny moved his family and sold his home so that he could start building a team. The team has grown their portfolio to hundreds of units across the Southeast and has over $100 million in assets under management. In this episode we broke down how large multifamily deals work, the importance of our community getting into this space, future plans and more. Highlights1) A strong team is a necessity when you get into large multifamily real estate. due to the complexity. The team you choose can make or break your investment.2) Educating your community is a great way to increase their knowledge and also to create a pool of investors you need to close a large multifamily real estate deal 3) Large multifamily properties are not appraised based on the value of similar properties sold. They are appraised largely based on the revenue it generates. How to find themIG- @xsitecapital Website- https://xsitecapital.com/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 for $1- https://bit.ly/joinbredcommunityDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Join the waitlist for my new course "A Beginner's Guide to Finding Your First Tenant"- https://bit.ly/yourfirsttenantAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy