I bought my first few investment properties at 24, and being young, overly optimistic, and with a lot of disposable cash ended up being lessons that would help me become wiser and more prudent as a more mature investor. This episode in the Let Us Prosper series shares some of the lessons that I’ve had to learn.
Money and opportunity is everywhere, but before we can grab hold of it, we’ve got to change our relationship with money and the responsibility we have to it. This episode of the Let Us Prosper series is about recapitalizing marginalized, economically disadvantaged communities by shifting our collective approach.
In my experience as a millennial real estate investor with a passion for revitalizing Black communities, I’ve learned 5 powerful commandments that will drive significant shifts in our communities. This episode of the Let Us Prosper series shares the fab 5 commandments.
Money and opportunity is everywhere, but before we can grab hold of it, we’ve got to change our relationship with money and the responsibility we have to it. Series 1, Let Us Prosper, is about recapitalizing marginalized, economically disadvantaged communities by shifting our collective approach.
Cultural preservation and evolution is the right mix in addressing gentrification. However, when the people in the community aren’t participating in the economic opportunities, it’s almost impossible to expect outside investors to preserve the fabric of the community. In this episode of the Let Us Prosper series, I share how we need to reverse gentrification by moving back into the community and owning assets along the commercial corridor.
Every deal that I’ve done has been through collaboration and it’s helped me minimize risk and scale up. The largest real estate transactions are done through collaboration, and it’s called syndication. If we would take the same practical concept and collaborate with family, friends, peers, etc then we would experience significant shifts in our ownership levels and our ability to recapitalize wealth within the Black community.