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 is all about the power of group economics. Investing in real estate for the first time can be daunting especially if you don't have enough money. Partnership can help you to get started and scale your real estate portfolio. Danny Carter (Episode 50) and Eugene Marshall (Episode 82) share their experiences with partnership. You don't want to miss this episode!  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.How to find them:IG- @__mrmarshall, @houseandhits, @buybacktheblockla 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://www.outofstatemoney.com/community-sales-page-1Download my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Advertising 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!Darius & Courtney Pettway are returning guests to the Black Real Estate Dialogue, appearing in episode 26 over a year ago. They are real estate investors, developers and now they are even their own general contractors.In addition to their work in real estate, they also teach others how to invest in real estate and become their own boss. Plus, they have created KidVestors, a virtual, interactive, finance and investment curriculum that teaches K-12th money management and how to invest in Real Estate, Stocks, Cryptocurrencies, Entrepreneurship, and overall financial literacy in a way that any age can understand.In this episode we discuss how to manage the transition to becoming your own boss, how to decide if a flip is worth taking on and why they decided to become their own contractors.Highlights1) Your business is its own entity. It has its own needs to stay afloat. Not only should you be generating enough revenue to sustain and grow your business, but also replace what you were making to sustain your current lifestyle.2) People only think about purchase price renovation and sale, when taking on a flip. You have to remember those extra costs: the insurance you're paying monthly, the electric, the gas, the water, and interest, especially if you're borrowing money.3) Being a general contractor is all about relationship building. How do you build relationships with your subcontractors that they want to continue to do work with you?How to find themIG- @pettwayestates https://www.pettwayestates.com/https://www.thekidvestors.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://www.outofstatemoney.com/community-sales-page-1Download my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Advertising 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. These clips will be released every Friday at 5pm PST/8pm EST!In this session, John Lewis goes over several creative financing strategies to acquire your next property. Coming up with the money to buy property can be an obstacle for many of us, so creativity is very important. If you enjoyed this clip, you can hear the full session by joining the B.R.E.D Investing Community.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 completing your first rehab as a new investor. Completing your first rehab as a new investor can be very intimidating, especially if you don't have the right information. Gabby Williams (Episode 42) and Rashidah Green-Sherman (Episode 83) share their experiences working with contractors, reaching milestones and more. You don't want to miss this episode!  We will be releasing mashup clips on various topics every Wednesday at 5pm PST/8pm EST. 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://www.outofstatemoney.com/community-sales-page-1Download my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Advertising 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 Tarik McAllister was inspiring! Tarik got his early exposure to real estate as a kid while working with his dad, who was a general contractor. At a young age, he knew that he wanted to be a real estate investor. He worked and saved as much as he could during college which enabled him to buy his first property in cash. He continued buying in cash for his first few years until he learned how to use leverage.The turning point for Tarik came when he learned about the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy. He refinanced the first property he ever purchased, used the money to buy more properties and kept repeating. He also learned how to use hard money and private lending which helped him scale even faster. Eventually, Tarik was able to leave his job as a teacher in 2017 to focus on investing full-time. In this episode, we talk about using hard money lenders, scaling your portfolio, future plans and more. Highlights1) Start with what you know. If buying cash is what you know, go for it. If getting a mortgage is what you know, go for it. Just start and learn more strategies over time.2) When you get a piece of information, make sure you execute. Don't spend too much time thinking about it. You'll get better as you go. 3) If you're taking private money or hard money, it's important to make sure you complete your project on time. You should also have some built in cushion in your budget in case things don't go as plannedHow to find himIG- @reekestate 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://www.outofstatemoney.com/community-sales-page-1Download my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Advertising 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. These clips will be released every Friday at 5pm PST/8pm EST!In this session, Mark Jones II goes over what is negotiable and how to successfully approach negotiating with sellers.. This is one of the most important skills to learn as an investor. Mark is a successful investor and agent, so you don't want to miss these tips!  If you enjoyed this clip, you can hear the full session by joining the B.R.E.D Investing Community. 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 about how to invest in mobile homes. Mobile homes are unique for many reasons and one of them is the low cost of entry compared to traditional homes. Byron Sellers and Sharnice Williams of Mobile Home Elite Investors (Episode 35) and Casey Robinson (Episode 66) share strategies they've used to buy mobile homes. Byron and Sharnice purchased their first mobile home for under $5,000 and sold it for $9500. From there the rest was history. Casey purchased 4 mobile homes in 90 days. You don't want to miss this episode!We will be releasing mashup clips on various topics every Wednesday at 5pm PST/8pm EST. How to find themIG- @mobilehomeeliteinvestors @pinkporchpropertiesLearn 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://www.outofstatemoney.com/community-sales-page-1Download my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Advertising 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 Malik Carter was inspiring! Malik is a realtor, developer, investor and coach. The farm his mother was raised on and land his father's family has owned since the civil war are still in his family. At an early age he was able to understand the power of ownership.After starting over in 2008, he purchased a property, put 8 bedrooms in it and rented it by room. Things didn't workout with that property, so he decided to sell and move on. From there he continued buying properties and was able to identify an area that was on the path of growth which helped him to grow his portfolio. Eventually Malik started to buy land for development and new construction in Philly and North Carolina.In this episode, we discussed how Philly real estate has changed, how new construction works, future plans and more.Highlights1) Don't underestimate ownership because it gives you a voice and power in what happens in the community2) New construction can be advantageous because of what the property will be valued at when it's complete. Make sure you know what you're doing before you get into it.3) Philly is a great market to invest in and there are 50,000 well paying jobs coming in the next 24 months. Philly is also a leader in biotech as well. How to find himIG- @realestate_coach_carterWebsite- https://www.thecashflowbros.com/optin-521232811638932664171Learn 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://www.outofstatemoney.com/community-sales-page-1Download my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

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. These clips will be released every Friday at 5pm PST/8pm EST!In this session, I cover some strategies that you can use to place your first tenant. I covered how to determine the right price for rent and where to advertise your listing. I placed my first tenant from 2,000 miles away by using methods that you can use as well.   If you enjoyed this clip, you can hear the full session by joining the B.R.E.D Investing Community. 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 the power or ownership in our communities. Odest Riley Jr (Episode 11) and Jeremy Young (Episode 13) discuss their view of ownership and various ways we can use real estate to build generational wealth. Odest shared his thoughts about forward thinking and investing together in our communities. Jeremy shared his thoughts about choosing a market and the importance of understanding future trends. We will be releasing mashup clips on various topics every Wednesday at 5pm PST/8pm EST. Follow Odest on IG- @odestFollow Jeremy on IG- @jyoungkingskidLearn 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://www.outofstatemoney.com/community-sales-page-1Download my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy