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  • Politics Is Like Hiring A Hitman
    by Scott Woods inPolitical on2020-08-13

    For me, politics is like hiring a hitman. I have values and things I care about. I care enough about them to at least bother voting for 5 minutes every year for one issue or another. And because I care at least that much, I vote for people who align with the ability to realize the things I care about.

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  • Punching Above Our Weight
    by Roger Madison Jr. inPolitical on2020-07-24

    I believe our vote is the punctuation of our voice. Without that resounding exclamation mark, I believe our voices are just incoherent noise.

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  • BLACK PROGRESS AMIDST SOCIAL CHAOS
    by Roger Madison Jr. inPolitical on2020-06-16

    Recent events have raised the profile of historical injustice and inequities here in the USA. The entire world has taken note of the fact that BLACK LIVES MATTER.   We invite all of our friends to engage in actions that result in the greatest movement for change in our history. It is imperative that we take advantage of this opportunity to affect a positive change by ACTING IN OUR SELF-INTERESTS.

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  • Living in a Black No-Man's Land
    by Roger Madison Jr. inOur Community on2019-10-28

    There are many narratives that define the Black experience in America in this 2nd decade of the 21st century. Our striving over the centuries of our sojourn in this nation is a tapestry of every human experience -- oppression, enslavement, forced assimilation, dehumanization, exclusion, segregation, isolation, struggle, perseverance, achievement, excellence, celebration, mourning, despair, progress, setbacks, lynching, assassination, genocide, terror, self-hatred, low esteem, pride,...

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  • Fighting Racism
    by Scott Woods inOur Community on2018-10-25

    I had a boss who was racist. Not an outright bigot, of course; her toolbox was more subtle than most. We bumped heads a lot over inconsequential things. She frequently couldn’t keep my name out her mouth. Lot of gaslighting. You know…2018 style. I tried a lot of ways to combat or navigate her issues. None of them worked, and that’s saying a lot because I’m really good at fighting racism. But at the end of the day – every day – she was my boss, I had to deal with her, and that was that. Finally I...

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Cutting Your Slice of Investment Pie

 

Cutting Your Slice of Investment Pie

Have you ever felt like there was something great out there in the world for you? Have you ever looked at a friend or family member and said to them, "I am destined for greatness!"

The truth is, we have all felt this way at some point in our lives but the question is, what have you done to prepare yourself to achieve that greatness? Making the decision to become a Real Estate Investor was the best thing that I could have done for myself. All it took was determination and the concept of "THINK BIG!"  I am sure everyone wants a slice of that good old American Pie.  Well as a successful Real Estate investor; I am going to share with you how to cut your slice of Investment Pie.

First, I want to share my 3-step formula. These are the quintessential steps in "flipping" a property and building your investment business:

  • Find properties that are well below market value
  • Invest money and time to renovate the property

And lastly,

  • Sell that property at retail market value.

Second, it is a great idea to assemble your "A-Team". Listed below are three people that will be important to your success:

  • Appraiser
  • Real Estate Agent
  • Reputable Contractor

 

These are just a few individuals that should be a part of your Million dollar dream team that will need to help you in your investment decision making. Every one of these individuals are an important ingredient to your investment pie. They will be there to help you out and give you a ton of helpful advice. Be careful in choosing your team and make sure they are reputable and an expert in their field. Bad advice can have a financial effect on your business.  Of course it will take some time to find the right people for your team but the key is to stay focused and professional. Greatness takes careful planning and patience!

Third, before you start to look at individual properties to purchase, you should first target at least four or five neighborhoods where you will focus on purchasing your properties. You don't want to select areas where there is a high crime rate and the schools are dreadful. Keep in mind that no one will purchase your property in a bad area, even if the property has been renovated and the deal is incredible. So, look around and research areas in your city. It pays off to do a little digging. Remember, this is your business and you have to treat it as if it were a growing child. You must nurture it and decide what is best so that it can grow!

If you have done all of the above mentioned things, you are now ready to go! Remember, this is just the beginning. There are many phases to becoming a successful Real Estate investor but with faith and determination, you can build a fountain of wealth for yourself and your family. I have learned that anything in this world worth having, you've got to work for it. With the concept of "THINK BIG", you will be on your way to financial security!  Thank you for taking the time to read this article.

   

     Sincerely,

 

     Annetta Powell