Black Real Estate Dialogue Black Real Estate Dialogue

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 him
Twitter- https://twitter.com/IBBMWP


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/LPizu

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This episode with Jeanine Smith was inspiring! Jeanine Smith is the Founder of Black Girls in Real Estate and Co-Founder of The B Mogul Group LLC, Real Estate Investment firm with her fiancé Nick Searcy. She launched her real estate business three years ago as a single mom by renovating the home she was living in with her daughter and selling it for above asking price in just 10 days. Realizing the power of this investment, she used the $70,000 profit and paid off half of her personal debt and the other half she used to secure a hard money loan to fund her next Real Estate Investment deal.

Jeanine is the founder of Black Girls in Real Estate. The group is quickly becoming one of the top Facebook Groups for Black Women who are working in or interested in Real Estate development and investment. With her membership at 30,000, her primary goal is for everyone to learn, connect and grow in every growing field of Real Estate.

In this episode we discuss flipping properties, new builds, her real estate group and more. 

Highlights

Always look for the next project and the next deal. Real estate is competitive!
If you are in business with your partner, stick to your strengths. Find a balance between business and personal life. 
Don't let social media make you feel like you're behind in life. Don't compare yourself to other people. 


How you can find her
IG- @MissJeanineMarie
Facebook- Black Girls in Real Estate
Email- hello@blackgirlsinrealestate.com
If you'd like to book 1-on-1 Fix & Flip Coaching: https://black-girls-in-real-estate.myshopify.com/products/business-consultation?fbclid=IwAR2J3szXzFrJKc_QPYQI9e6tHXSVXoxZDiwjQ_dELy6-PyrnXMoN3gFPU2g


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/LPizu

Become an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogue

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 forward
After 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 him
IG- @theemdoubleu


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/LPizu

Become an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogue

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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. 

 
Highlights

Real 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 him
IG- @mauricephilogene
Website- https://www.thequattroway.com/maurice-philogene




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/LPizu

Become an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogue

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 him
IG- @noalawton

Highlights

Don't give up, keep trying until you find something that works. This can apply to business or real estate
Real 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/LPizu

Become an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogue

Text BRED to 21000 to join our free VIP Text List

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#LPizu

Highlights

Networking and connections is everything in real estate. This is how you can get more deals
Mobile 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 her
IG- @pinkporchproperties
Website- Enroll in her Mobile Home Mentorship- https://checkout.square.site/buy/YB6P4XJHCDGEZMNWLLNNYSCD


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/LPizu

Become an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogue

Text BRED to 21000 to join our free VIP Text List