I believe that people should use Real Estate as a tool to build wealth. I also believe people should do so when it's right. for. them. 👏🏽. I had a call with one of my coaching clients last night. She's almost there! She's been researching for months, she knows her goals, she's read all of my guides and ebooks, watched my courses, scheduled phone consultations, she's been saving like crazy, and she's also been attending first time home buyer workshops in her city. The only thing she needs to do now is decide if she wants to buy a duplex and house hack or buy a single family home. Preparation is key. [If you've never heard of House Hacking click the link in my profile for a guide.]
#BlackRealEstateInvestorsAreReal If you live in Cleveland, @househunter216 is the Real Estate PLUG. She's on a mission to revitalize Cleveland communities by rehabbing and offering quality, affordable rental homes. // I love seeing OUR people revitalize OUR communities. Often times our communities are run down, which drives the property values down, which then opens up the opportunity for investors to buy up all the cheap land and start the gentrification process...but what if WE were the investors and WE bought up the land and revitalized the community 🤔. #weallwegot 👊🏽
We've prayed over our new house and cleaned it from top to bottom... now time to decorate! Check my Insta Stories for random updates. Prepping for the home tour. P.S. I hope you're in the Facebook group... tomorrow I'm giving all members access to all of my video courses and and ebooks free for one month... link in bio to join the group!
Y'all, I went to 3 different stores looking for this @glamourmag issue featuring @telaholcomb! I'm so hype that I found a copy! Tela retired at 29 as a result of investing in stocks. Talk about #GOALS. Well... I missed the retiring at 29 mark. I'm 31 sooo I'm just shooting for retiring by 32 lol! Anywho- Go follow Tela! She will teach you how to Trade Your 9-5! // I'll be spending the rest of my evening drinking my fav $2.98 wine from @aldiusa (don't judge me. It's less than $3 AND it's delicious.), reading this magazine and watching Netflix. It's been a long day! We are still getting the hang of managing our rentals from another State. 🤔 That actually might be my next ebook lol. ✌🏽🍷
True story: We only have one car. And it's a used car. And it's an old model. And it definitely isn't a luxury car. If you read my feature in Forbes (link in bio), you know how much we make in rental income each year and you would think with cash flow like that like we would drive luxury cars, right? Nope. After we bought our first rental we were hooked and we knew we wanted another so we decided to downsize to being a one car household and we sold our nice cars and got this one. By doing that we were able to use the cash from the car sales to put towards our next investment and we were able to cut down on maintenance and insurance costs. I'm not saying everyone has to downsize or downgrade their car in order to get started in Real Estate Investment but I am saying this: If you didn't hit the lottery or your family didn't leave you a huge inheritance you have to make radical mindset shifts and financial adjustments to build wealth. The @hoodestates family talked about this on their IG live last night. You have to make short term sacrifices to reach long term goals. One of the sacrifices we made was with our vehicles. I'm not saying we will alwayssss drive an old, outdated used car, but for now it's just a stepping stone until we get where we want to be. 👊🏽