Ep 40- How to Invest in Your Hometown from Long Distance 

Black Real Estate Dialogue - A podcast by Black Real Estate Dialogue

Categories:

Don't forget to subscribe, leave a rating and a review!This episode with Derrick Johnson was great! He observed his aunt own 12 rental properties as a kid and when he got to college, he realized that he wanted to be an investor too. Derrick got started in real estate in 2018 and after his first deal not going well, he has grown his portfolio to 17 doors. He lives in Dallas, but invests in Monroe and Shreveport, Louisiana. In this episode we discuss the importance of your circle, creative financing, future plans to become a developer, giving back to his community and more.  How you can find himIG- @strive4success59Facebook- Derrick Johnson Email- [email protected] 318-348-4940Show Sponsor-- @mintinc_usaAccess all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueText BRED to 21000 to join our free VIP Text ListHighlightsYou will never be fully ready to invest in real estate, there will never be a perfect time. If your first deal doesn't go as planned, use the lessons to improve Lines of Credit- While you're learning how to invest, go to local banks and apply for lines of credit. It can be used for various costs associated with investing such as repairs or purchasing the property. Financing Strategies- Owner Financing, Lines of Credit, BRRRRDont let anyone tell you what you can't do. There is always more to learn, never think you know it all and make sure you get started. Don't ever think you are better than anyone Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy