Black Real Estate Dialogue

This episode with Ogechi Igbokwe was powerful! She was inspired to get into real estate when she saw her mother sacrifice to save for a property back home in Nigeria. For her 21st birthday, she decided that she needed to do something big. She decided that she would buy a property. This was back in 2007, when it was very easy for most people to get a mortgage. She invested in Atlanta from New York before investing out of state became popular on the internet and before this information was accessible. 8 months later, she purchased her second property in Albany, New York. She continued to grow her portfolio in this market and currently, she has 9 doors total. On her birthday in 2017, she paid off her student loans. Rental income played a big part in helping her to reach this goal. In this episode, we discuss investing out of state, finding properties, self managing your rentals, paying off student loan debt with real estate and more.Highlights1. You don't have to invest where you live, especially if it's too expensive. Think outside of the box and explore real estate out of your area2. Buy assets that will pay for your liabilities. Setting yourself up for success with assets makes life more enjoyable. 3. Consider getting a job that offers tuition reimbursement. This can significantly reduce the amount of student loan debt you'll accrueHow you can find herIG- @onesavvydollarWebsite- http://onesavvydollar.com/resources/Buy her eBook 7 Steps For Buying A Profitable Rental Property- https://gumroad.com/a/920196211Access all of our resources on our website- https://www.blackrealestatedialogue.com/ Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

 This episode with Rashidah Green Sherman was powerful. After starting a career in film, she decided to pursue Architecture. She had plans to design and built a house initially, but her manager inspired her to purchase a house instead. She purchased her first home in Newburgh, NY and she heard about the area through her professor who invests there. In this episode, we discuss getting pre-approved, searching for a property, the importance of second opinions and more. We will release an episode with Rashidah at the beginning of each month documenting various parts of her journey including the complete rehab of the home. Stay tuned for more! How you can find herIG- @rashidahgsEmail- rgsherman9@gmail.comAccess all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueText BRED to 21000 to join our free VIP Text List Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This episode with Ibrahim Badmus was inspiring! After playing college basketball at Bucknell and playing professionally, he got his first job managing a sports complex. The turning point in his career was when he got connected to an entrepreneur who wanted to develop a sports facility. He was brand new, but after being trained, he planned out the entire development project. His first project was in Pennsylvania and he leveraged that opportunity for his next one, which was a sports complex in Dallas with a former NBA player. The complex in Texas was 120,000 square feet and the one in Pennsylvania was 70,000 square feet. In this episode we discuss how sports facilities make money, how to determine the right location, financing these deals and more. Developing a sports complex is a topic we've never covered, so you're in for a treat!If you want to eventually build a sport complex, you should start with programs. New Definitions- Feasibility Study, Public Private Partnership (P3), Capital Stack If you want to get into the industry, being passionate about sports is not enough. There are many aspects that you need to learn about. How you can find himTwitter- https://twitter.com/IBBMWPAccess all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueText BRED to 21000 to join our free VIP Text ListAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This episode with Marcus Williams was powerful! Marcus played professional basketball in the NBA and China before retiring to spend more time with his children. His turning point came when he told his financial advisor that he planned to use the money he invested with her to invest in real estate. She didn't agree with this move, but it changed his life!Initially, he tried to buy a home for himself and lost $80,000 in earnest money. He didn't give up after this experience and he purchased a multi unit property shortly after. Rehabbing this property and managing tenants gave him valuable lessons that impacted his investing from that point on. Marcus eventually became a real estate agent and broker with a focus on helping first time homebuyers. He has also invested in more multi family properties in Seattle. In this episode, we discuss his basketball career, investing in Seattle, helping first time homebuyers, growing his portfolio and more. Highlights Deals don't always work out, but you shouldn't give up. Make sure you take the lesson and move forwardAfter you gain enough cash flow to live comfortably, it's easier to help others. It's okay to start small towards big goals. If your dreams don't scare you, they're not big enough How you can find himIG- @theemdoubleuAccess all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueText BRED to 21000 to join our free VIP Text ListAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

 Maurice Philogene has been investing in real estate for almost 20 years. He started with condos and single family homes, then transitioned into large apartment complexes in 2015. He is also a real estate developer working on a large project in the Mediterranean. A turning point in his life was when he did an exchange student program that gave him the opportunity to spend a summer in France. From this moment, he knew that he wanted to achieve financial freedom and travel the world. He purchased 10 properties in his first year. 12 years later, he was at 35 doors and six figures in passive income. Since 2015, Maurice and his company, Quatro Capital have been investing in large multifamily properties.In this episode, we discuss how he got started, why freedom is so important, large multifamily real estate, international investing and more.  HighlightsReal estate doesn't have to be the only facet of your entrepreneurial life. It can be a big part of what keeps you financially free. Don't be in a rush to leave your job to invest in real estate full time. You can leverage your 9-5 income and use business/rental income to grow your portfolio faster There has to be a greater motivation to succeed than money. Helping your family, leaving a legacy and helping others are some things that can motivate you. How you can find himIG- @mauricephilogeneWebsite- https://www.thequattroway.com/maurice-philogeneAccess all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This interview with Noa Lawton was powerful! Noa got his entrepreneurial start with dropshipping and it took him 20 stores to become profitable. After achieving success with store 21, he took his profits and started trading stock options. Noa took his profits from trading to buy his first investment property, a 3 unit property near the college that he currently attends. He spoke to 100 lenders before finding one that could provide him with financing. The prevailing theme of this episode was persistence and finding solutions. In this episode we discuss the Greensboro, North Carolina real estate market, leveraging business to buy real estate, future plans and more. How to find himIG- @noalawtonHighlightsDon't give up, keep trying until you find something that works. This can apply to business or real estateReal estate isn't about who has the most money, it's about who is the most creative There's no progress that's too small. Take the first step  to your goals and keep going.  Access all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueText BRED to 21000 to join our free VIP Text ListAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This interview with Casey Robinson was inspirational! She learned about investing in mobile homes and started researching the possibilities with a group. She purchased her first mobile home for $7,500, did a light rehab and seller-financed it to a tenant. From there she went on to purchase three more mobile homes. Casey currently invests in Atlanta and South Carolina. She purchased her first four mobile homes in 90 days!In this episode we discuss networking, buying and rehabbing mobile homes, future plans and more. Casey will be a special guest teacher for an upcoming session at B.R.E.D Real Estate Investing Community. Join the community here-- https://gumroad.com/bred#LPizuHighlightsNetworking and connections is everything in real estate. This is how you can get more dealsMobile Homes are an affordable entry point to real estate. You don't need a lot of capital and there are multiple exit strategies To rehab mobile homes, look for handymen, not typical contractors. Mobile home stores will have all of the materials you need. Mobile homes are very cheap to remodel How you can find herIG- @pinkporchpropertiesWebsite- Enroll in her Mobile Home Mentorship- https://checkout.square.site/buy/YB6P4XJHCDGEZMNWLLNNYSCDAccess all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueText BRED to 21000 to join our free VIP Text ListAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This interview with Storm Leroy was powerful! Storm is a fellow Brooklynite has been a real estate investor for over 20 years. His first property was a brownstone in the Bed Stuy neighborhood of Brooklyn. Overtime, he sold one of his Brooklyn properties, started networking and decided to start investing out of state. His first out of state investments were in Indianapolis and he's also invested in Milwaukee, Alabama, Georgia, Cleveland and Memphis. He's owned over 20 units with more on the way. This interview was jam packed with gems. In this interview we discuss his business model, the advantages of investing out of state, the importance of a family trust and more. Storm will be a special guest teacher on Wednesday, March 17th for the B.R.E.D Real Estate Investing Community. Join the community here-- https://gumroad.com/bred#LPizuHighlightsLearn to become financially savvy. As a real estate investor you need to be creative with funding deals. Consider buying tenant occupied properties that are thoroughly inspected. Holding the property for 5 years, selling and getting another can prevent you from having to do big repairsIt's important to network in the cities you want to invest in. Pay attention to population trends and where employers are going. Follow the path of growth in a city.  How you can find himIG- @storm_management_investmentGrab his Long Distance Investing Course! Use code "BRED" for 50% off- https://www.askthemovement.com/Access all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueText BRED to 21000 to join our free VIP Text List Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This interview with Torrence Reed was inspirational! Torrence started HBCU Wall Street with a goal of teaching college students about financial literacy and turning their ideas into reality. Shortly after that, the next movement, HBCU Realty began with the idea to crowd fund the rehabilitation of homes near HBCUs. They purchased their first investment property near Tuskegee University and they are partnering with Rebuild Tuskegee on the rehab. In this interview we discuss the growth of HBCU Wall Street and HBCU Realty as well as how their first rehab is going. How you can find himIG- @torrencereed3 @hbcuwallstreet Website- https://hbcurealty.com/#about, https://www.hbcuwallstreet.com/   Access all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueText BRED to 21000 to join our free VIP Text ListAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't for get to subscribe, leave a rating and a review!This interview with Rocale Timmons was inspiring! Minorities represent less than 2% of management in the commercial real estate industry, so this episode is monumental. Rocale started her career working for a luxury single family home developer, then transitioned to an Urban Planning role. She is now the Sr. Vice President of Planning and Development at a development firm in Washington. In this episode we discuss how she got into the industry, her favorite projects, what developers look for and more. HighlightsAs a developer it's important to understand the political aspects of the business. It's also important to have a great team in all aspectsDetails matter and can make a big difference in the outcome of your projects. If you're interested in the field, learn what you want to focus on. Once you do that, learn the language and gain the skillsShow SponsorsMint Inc.IG- @mintinc_usa Section 8 Rentals Made EasyWebsite- https://gumroad.com/a/178779251  Access all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueText BRED to 21000 to join our free VIP Text List   Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy