Just this week Kimberly Klacik, representing Baltimore and running for Congress, made news when she shared her proposal for non-violent drug dealers to receive a one year amnesty and invest their cash to flip Baltimore’s 17,000 vacant homes and then distribute them through a rent to own program, empowering the people of Baltimore to become property owners.
So is this trend of black influencers encouraging real estate investment to their followers a good idea, or is it destined to fail?
✅ I think its a GREAT IDEA!
We have no shortage of people on social media pointing out the problems we face as a country right now. We lack people who can suggest viable solutions.
Real estate is a solution that can cause a positive change, right away, to entire communities.
Now I’m not an expert by any means, nor do I claim to be, but I think alongside racism – which is clearly an issue we face – we also have a “classism” issue in the States.
What do I mean by classism? Well, I see it as differential treatment based on perceived social class of a person.
What determines social class? Money.
⭐ Real estate provides an opportunity like nothing else for the average person to create epic wealth. Real estate has produced more wealth for more people than any other investment class or any other industry. Black real estate investors CAN become wealthy, you just need to know how to play by the rules:
1) “Don’t wait to buy real estate, buy real estate and wait” – Will Rogers
2) Real estate is safe. It’s the people that are risky
3) Take advantage of tax breaks arising from depreciation and deductions
4) Understand the power of amortization
Even if you have a bad credit score, it’s still possible to acquire property. Invest in yourself, learn everything you can (links to helpful channels are below!) and take action.
Kimberly Klacik’s Real Estate Proposal – https://www.facebook.com/KimberlyNKlacik/photos/a.1635485586534794/3350302458386423/
✅ Recommended YouTube Channels for Real Estate Investing Education:
Max Maxwell – https://www.youtube.com/channel/UCnkmQCJ4f6rRl1PXCblppvA
Kris Haskins – https://www.youtube.com/user/kriz1204
Jamel Gibbs – https://www.youtube.com/user/jamelgibbs
Nasar El-Arabi – https://www.youtube.com/c/realestatedoru
J Massey – https://www.youtube.com/user/CashFlowDiary
My name is Matt Theriault. When aspiring, frustrated investors are stuck in the proverbial “rat race,” they come to me.
I help these people create passive income through creative real estate investing strategies so their money works harder for them than they do for it, resulting in ultimate financial independence and freedom.
Whenever you’re ready, here are some ways I can help…
If you’d like…
✅ to brainstorm some ideas about your real estate investing and the potential of working together, watch this https://youtu.be/JQPTe2XzDVM
✅ to find off-market deals, regardless of market conditions, watch this https://youtu.be/nlRY5hw71iY
✅ to know how to present a deeply discounted offer to a seller so that they happily sign your contract, watch this https://youtu.be/CaAIuXKnN_M
✅ to learn the best way to make money investing in real estate next year, watch this https://youtu.be/nRdZ4kinmio
✅ a simple easy-to-follow “game plan” that pulls it all together, watch this https://youtu.be/cPGzti2jDfc
✅ to see the latest tools and resources Matt uses in his real estate investing business, take a look at this http://buyheregetmore.com
💰 to get quick access to $50K to $150K for your next real estate deal, you can at http://epicfastfunding.com
🔥 to Go FASTER in Your REI Business, watch this https://youtu.be/JQPTe2XzDVM OR Text “FAST” to (505) 605-6065
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