Ep 58- How to Buy Back The Block & Rebuild Your Community

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

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Don't forget to subscribe, leave us a rating and a review!This episode with Kasondra Milton was powerful! Kassondra is currently a Software Engineer in Northern Virginia. She purchased her first property shortly after college using FHA, with a plan to stay there for 12 months, rent it out then do it all over again. The real estate market crashed shortly after she purchased her second property. When the market crashed, she immediately started looking at her hometown of Rochester, NY for investment opportunities.This move paid tremendous dividends for her and since she purchased her first property back home, she hasn't looked back. She currently has 12 rental units, and is currently under contract for 16 more doors in Rochester using profits from the sale of her very first property. In this episode, we discuss buying back the block in your hometown, knowing your criteria, leveraging your 9-5, what a 1031 exchange is and more. How you can find herIG-@pretty08investorHighlightsRun your own race and stick to your strategy. It's tempting to get distracted by what others are doing, one property per year adds up overtime.Know your market- Don't invest in a city just because someone said to. It's important to know the city well and do your research before investing.Know your criteria- You need to know how much cashflow you want to make each month, you also need to know if you want a turnkey property, moderate rehab or full rehabAccess 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 ListMint Inc.IG- @mintinc_usa Buy Back The Block LAIG- @buybacktheblockla Website- https://buybacktheblockla.com/Buy their latest ebook- Section 8 Rentals Made Easy- https://gumroad.com/a/178779251   Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy