Black Wealth Effect

In our recent episode of the Black Wealth Effect podcast, we had the pleasure of speaking with Keziah, a general contractor and business owner. She shared her experiences in the construction industry, offering valuable advice for aspiring contractors. Keziah discussed the challenges of working on older homes, the importance of building a strong reputation through excellent work, and the need for education and empowerment within the Black community. She also highlighted market opportunities like garden suites and property renovations and emphasized the importance of financial planning and leveraging the equity in your home. Key topics covered during our discussion with Keziah:

• Master a specific skill or trade and continually educate yourself.
• Consistency, resilience, and excellence are vital for success in the construction industry.
• Building a strong reputation leads to repeat clients and referrals.
• Seize market opportunities, such as garden suites and property renovations, to increase income and build equity.
• Financial planning and leveraging home equity are essential for stability and future growth.

We appreciate your support! Please subscribe, follow, rate, and leave us a written review. Sharing the podcast with those who would benefit most helps them discover the show. Thank you for being part of our community!

Connect with Keziah: Linkedin:https://www.linkedin.com/in/keziah-osei-734663159 Website: https://www.keyztoyourhomereno.com/ Instagram:https://www.instagram.com/keyzreno/ Don't miss an episode - join our announcements email list http://eepurl.com/h6kR9b Join us in our Facebook Group https://www.facebook.com/groups/1650395342027022 Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/ Follow us on YouTube: https://www.youtube.com/@blackwealtheffectpodcast Connect with Mario Griffiths:http:// https://www.youtube.com/@blackwealtheffectpodcast Facebook: https://www.facebook.com/marioginvest Instagram: https://www.instagram.com/marioginvest/ LinkedIn: https://www.linkedin.com/in/mario-griffiths Or wherever you listen to podcasts. We ask for your support and some podlove. Please don't forget to subscribe, follow, share, rate, and leave us a written review. That helps people find the show. Here are the links again: Our website: https://www.blackwealtheffect.com/ Apple Podcasts: https://podcasts.apple.com/us/podcast/black-wealth-effect/id1633534747 Spotify: https://open.spotify.com/show/77Oa4f4L6MirQOtNuRa5rE Thank you!

In our recent episode of the Black Wealth Effect podcast, we had the pleasure of hosting Andre Chin, an experienced entrepreneur and real estate investor. Andre shared his insights on the importance of building relationships in sales and real estate, emphasizing the power of personal conversations and the strategic use of social media to generate leads. He delved into the art of negotiation, advocating for win-win solutions, and highlighted the significance of understanding market trends and key metrics to create urgency and solve client problems. During the conversation, Andre addressed the current market challenges, predicting a period of tough times followed by a rebound, and encouraged listeners to be patient and look for opportunities. He stressed the value of picking up the phone to foster human connections and the importance of providing value to others in the industry. Andre also shared his entrepreneurial journey, discussing how his desire to create income and alleviate financial burdens drove him from a young age Takeaways

• The power of personal conversations in sales and real estate
• Leveraging social media for lead generation while maintaining personal connections
• Negotiation as a skill to create win-win solutions for all parties involved
• Understanding market trends and key metrics to address client needs effectively
• Navigating current market challenges with a long-term perspective and patience

Chapters

00:00 The Journey of an Entrepreneur 08:41 The Power of Relationships 11:14 The Importance of Picking Up the Phone 17:31 Using Social Media to Generate Leads 19:19 The Art of Negotiation 23:06 Understanding the Market and Key Metrics 25:05 Navigating the Challenges of Uncertainty 28:23 Finding Opportunities in Every Market 30:13 The Importance of Patience and Long-Term Thinking

We appreciate your support! Please subscribe, follow, rate, and leave us a written review. Sharing the podcast with those who would benefit most helps them discover the show. Thank you for being part of our community! Connect with Andre: Instagram:https://www.instagram.com/andrechinkw/ Website: https://poweredbyicon.ca/ Linkedin: https://www.linkedin.com/in/andrechinkw Don't miss an episode - join our announcements email list http://eepurl.com/h6kR9b Join us in our Facebook Group https://www.facebook.com/groups/1650395342027022 Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/ Follow us on YouTube: https://www.youtube.com/@blackwealtheffectpodcast Connect with Mario Griffiths:http:// https://www.youtube.com/@blackwealtheffectpodcast Facebook: https://www.facebook.com/marioginvest Instagram: https://www.instagram.com/marioginvest/ LinkedIn: https://www.linkedin.com/in/mario-griffiths

Ray Glymph, a successful real estate investor and entrepreneur, shares his journey from homelessness to owning over 100 properties. He emphasizes the importance of giving back to the community and taking calculated risks. Ray discusses the challenges he faced and the lessons he learned along the way, including the value of systems and the need for affordable housing. He also highlights the role of mentorship and the power of networking in achieving success in real estate investing. Ray's goal is to help more people in the real estate investing space and he offers free resources and masterclasses to support others on their journey.

Takeaways

Giving back to the community is an important aspect of being a successful real estate investor and entrepreneur.

Taking calculated risks and going against the grain are keys to achieving success.

Having systems in place and being organized are crucial for managing a real estate portfolio.

Affordable housing is a growing trend in the real estate market and presents a great investment opportunity.

Mentorship and networking are essential for personal and professional growth in real estate investing.

Chapters

00:00 Introduction and Personal Background

01:09 The Importance of Giving Back

06:37 The Fuel of Failure

10:14 Building Systems and Staying Organized

14:23 Investing in the United States

21:17 The Role of Mentorship

24:14 The Power of Networking

26:07 Helping Others in Real Estate Investing

Connect with Ray: Instagram:https://www.instagram.com/rayglymph Website: https://www.rglymph.com/ Linkedin: https://www.linkedin.com/in/rayglymph

Don't miss an episode - join our announcements email list http://eepurl.com/h6kR9b

Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/

Follow us on YouTube: https://www.youtube.com/@blackwealtheffectpodcast

Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/

LinkedIn: https://www.linkedin.com/in/mario-griffiths

In this episode, Emily Belton shares her experiences and insights on running a short-term rental property management business. She emphasizes the importance of continuously learning and growing in entrepreneurship, drawing from her background as a soccer player. Emily also discusses the do's and don'ts of designing short-term rentals, the current state of the market, and the key considerations for managing properties remotely. She provides advice for those interested in starting a property management business and highlights the significance of documenting everything and knowing your rights as a short term rental business owner.

Takeaways

• Running your own business and being entrepreneurial involves continuously learning and growing, drawing from various experiences and skill sets
• When designing short-term rentals, it is important to consider factors such as wall art placement, incorporating greenery, and maintaining a consistent design theme throughout the property
• Short-term rentals can still be profitable in the current market, but it requires being a good operator and adapting to changing trends and pricing strategies Starting a property management business for short-term rentals requires being an expert in the local area, building relationships with key members of your power team such as cleaners and maintenance personnel
• Documenting everything and knowing your rights as a host are crucial for protecting yourself and resolving issues with guests

Chapters

• 00:00 Do's & Dont's When Designing Your Short-Term Rentals
• 11:15 Trends & Best Practices To Create Positive Guest Experiences
• 27:13 Entrepreneurship Advice for Property Management Startups
• 38:21 Closing Remarks and Key Insights

Connect With Emily

• Instagram: https://www.instagram.com/emilybelton08/
• Website: https://www.theclairco.com/
• Linkedin:https://linktr.ee/Emilybelton08

Don't miss an episode - join our announcements email list http://eepurl.com/h6kR9b

Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/

Follow us on YouTube: https://www.youtube.com/@blackwealtheffectpodcast

Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/
• LinkedIn: https://www.linkedin.com/in/mario-griffiths

Andy shares his journey in real estate investing and the importance of taking action and being uncomfortable. He emphasizes the need for education, coaching, and networking in order to succeed. Andy also discusses the benefits of managing his own properties and provides tips for vetting property management companies. He believes that now is a great time to buy in the market and shares his goal of growing his portfolio to over 100 units by the end of the year. Takeaways

• Take action and be uncomfortable in order to grow and succeed in real estate investing.
• Invest in education, coaching, and networking to expand your knowledge and opportunities.
• Consider managing your own properties to have better control and understanding of the business.
• When vetting property management companies, ask about their experience, fees, and services.
• Now is a good time to buy in the market, as sellers are motivated and there are opportunities for better prices.
• Set clear goals for portfolio growth and believe in your ability to achieve them.

Chapters

• 02:02 Getting Started in Real Estate Investing
• 04:22 The Impact of Trade Background on Property Renovation
• 06:15 Common Mistakes in Electrical Work for Real Estate Projects
• 08:11 Inspiration for Getting into Real Estate Investing
• 10:50 The Importance of Education and Coaching in Real Estate
• 12:36 Expanding Mindset and Growing Real Estate Portfolio
• 16:10 Tips for Managing Properties and Vetting Property Management Companies
• 22:41 Advice for Younger Self and the Role of Education and Networking
• 26:35 Observations on the Market and Goals for Portfolio Growth

Connect With Andy

• Facebook: https://www.facebook.com/andy.jean.568632

Don't miss an episode - join our announcements email list http://eepurl.com/h6kR9b

Join us in our Facebook Group https://www.facebook.com/groups/1650395342027022

Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/

Follow us on YouTube: https://www.youtube.com/@blackwealtheffectpodcast

Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/
• LinkedIn: https://www.linkedin.com/in/mario-griffiths

In this episode of the Black Wealth Effect podcast, host Mario Griffiths interviews guest Jude, a successful real estate investor. Jude shares his journey of starting as an entrepreneur at a young age and eventually transitioning into real estate investing. He discusses the importance of having a strong work ethic, the influence of his engineering background on his real estate business, and the significance of building relationships and understanding different types of sellers. Jude also emphasizes the value of identifying lucrative opportunities and leveraging virtual assistants to maximize productivity and focus on high-value tasks. He shares his future goals of scaling his real estate business and expanding his virtual assisting company.

Takeaways

• Having a strong work ethic and a drive for independence can lead to success in entrepreneurship and real estate investing
• Building relationships and understanding different types of sellers are crucial in negotiating win-win scenarios in real estate deals
• Networking and connecting with like minded individuals in the industry can provide valuable insights and create opportunities to succeed
• Identifying lucrative opportunities and understanding the mathematics behind real estate investments are key skills for successful investing
• Leveraging virtual assistants can help maximize productivity and focus on high-value tasks in real estate and other businesses

Chapters

• 00:00 Introduction and Guest Welcome
• 08:56 The Influence of an Engineering Background
• 23:55 Maximizing Productivity and Focus with Virtual Assistants
• 29:33 Systemizing and Delegating Tasks for Business Growth
• 35:43 Connecting Buyers and Sellers in the Real Estate Market

Connect With Jude

• Instagram: https://www.instagram.com/judegomess/
• Instagram: https://www.instagram.com/task.tuesday/
• Website: https://www.tasktuesday.com/

Don't miss an episode - join our announcements email list http://eepurl.com/h6kR9b

Join us in our Facebook Group https://www.facebook.com/groups/1650395342027022

Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/

Follow us on YouTube: https://www.youtube.com/@blackwealtheffectpodcast

Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/
• LinkedIn: https://www.linkedin.com/in/mario-griffiths

In this episode of the Black Wealth Effect Podcast, Deji shares his experience starting a tech company and immigrating to Canada to build wealth as a real estate investor. The episode also covers seller motivation and the reasons why homeowners sell their homes privately. Deji shares tips for finding off - market deals, his approach to growing his mindset and being successful as a real estate investor.

Takeaways

• When buying a house as an investor, it's important to consider the seller motivation behind the sale
• Financial difficulties can be a strong motivation for sellers to sell their house
• Focusing on the bigger picture and the future goals is more important than getting the highest price for a house
• Having the right mindset and being willing to let go of attachments can lead to a smoother selling process.

Chapters

• 00:00 Introduction and Background
• 3:38 Solving Transportation Problems in Lagos
• 7:56 The Power of Branding and Community Building
• 11:52 Building a Unique Brand in the Motorcycle Hailing Industry
• 29:02 Understanding Seller Motivations in Off-Market Deals
• 40:39 The Value of Patience and Collaboration in Real Estate

Connect With Deji

• Linkedin: https://www.linkedin.com/in/dejioduntan
• X: https://twitter.com/dejioduntan_
• Instagram: https://www.instagram.com/dealsestateca/
• Facebook: www.facebook.com/groups/751099089507900
• YouTube: https://www.youtube.com/@dealsestate

Don't miss an episode - join our announcements email list http://eepurl.com/h6kR9b Join us in our Facebook Group https://www.facebook.com/groups/1650395342027022 Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/ Follow us on YouTube: https://www.youtube.com/@blackwealtheffectpodcast Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/
• LinkedIn: https://www.linkedin.com/in/mario-griffiths

In this episode of the Black Wealth Effect Podcast, host Mario Griffiths interviews mortgage broker Royston Simon. Royston shares his personal background and career journey, including his unconventional path to becoming a mortgage broker. He discusses the lessons he learned from a challenging pre-construction experience and offers advice for his younger self. Royston also shares insights into current trends among buyers and lenders in the real estate market. He highlights the importance of being proactive and seeking professional advice when it comes to mortgages. Royston shares examples of challenging deals he has worked on and discusses the importance of creative financing. He concludes by providing advice for experienced investors and sharing his future plans. Takeaways

• Be proactive and seek professional advice when it comes to mortgages and real estate investing.
• Understand the risks and challenges involved in different real estate strategies, such as pre-construction purchases and renovations.
• Maximize your income and minimize your debts to improve your buying power and qualify for better mortgage options.
• Stay informed about current trends in the real estate market and be cautious of making decisions based on FOMO (fear of missing out).
• Consider alternative lenders and creative financing options to overcome challenges and achieve your real estate goals.

Chapters 00:00 Introduction 01:20 Personal Background and Career Journey 06:20 Lessons Learned from Pre-Construction Experience 09:46 Advice for Younger Self 12:46 Trends Among Buyers and Lenders 21:56 Challenging Deals and Creative Financing 29:36 Advice for Experienced Investors 34:00 Conclusion Connect With Royston Instagram: https://www.instagram.com/flyynancial.solutions/ Don't miss an episode - join our announcements email list http://eepurl.com/h6kR9b Join us in our Facebook Group https://www.facebook.com/groups/1650395342027022 Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/ Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/
• LinkedIn: https://www.linkedin.com/in/mario-griffiths

The real estate investing market in Ontario has made a major shift in the last few months. With the lack of recent interest rate hikes and predictions of interest rate cuts at some point this year, buyer confidence is on the uptick.

In this episode you'll be able to:

• Understand recent shifts in the real estate market in Ontario
• Learn about effective ways to generate off market deals

In this episode of the Black Wealth Effect Podcast, host Mario Griffiths provides updates on the show and shares recent business updates. He discusses the current market conditions and the impact of interest rates on the market in 2024. The main topic of the episode is finding off-market deals, and Mario shares various methods, including leveraging online classifieds, door knocking, and paid tactics like flyer campaigns and Google Ads.

The key moments in this episode are:

00:00 Introduction and Updates 01:04 Real Estate Investing in 2024 03:17 Finding Off-Market Deals 07:16 Conclusion

Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/
• LinkedIn: https://www.linkedin.com/in/mario-griffiths

Join our Facebook Group https://www.facebook.com/groups/1650395342027022 Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/

Virtual wholesaling is an innovative and practical business venture into global real estate. Technological advancement has made investing in real estate across the border a reality. However, just like in any business, there are nuances unique to different markets that every investor should understand. In this episode, you'll be able to:

• Learn about virtual wholesaling: Differences and Similarities in Canada and the U.S.
• Understand the power of networking and building relationships in real estate
• Learn to overcome challenges and ethical considerations in wholesaling
• Learn tips for newbies in wholesaling
• Understand the Market: Tools and Resources for Wholesaling

In this episode of the Black Wealth Effect podcast, our guest, Tadela Tedemet (Tadi), is a guru in virtual wholesaling. She discussed the application of virtual wholesaling strategies in Canada and the U.S., focusing on the nuances and differences in the approach on both sides of the border. She shares insights on starting and scaling a wholesaling business, selecting profitable markets, managing relationships ethically with sellers, utilizing specific resources for lead generation, and leveraging current market trends. She also highlights the importance of continuous learning and self-investment. She shares her plans to focus on creative deals, personal branding, content creation, and expanding her network for the coming year. The key moments in this episode are: 00:00 Introduction to Virtual Wholesaling 00:59 Podcast Introduction and Guest Welcome 02:57 Getting to Know the Guest: Tati's Reading Habits 05:07 Tati's Journey into Real Estate Investing 06:58 Tati's Wholesaling Strategy and Experience 08:10 Tati's Future Business Goals 12:29 Understanding Wholesaling Markets 12:40 Building a Power Team for Wholesaling 15:20 Challenges and Ethical Considerations in Wholesaling 18:50 Tips for Getting Started in Wholesaling 27:27 Navigating the Current Real Estate Market 31:38 Looking Ahead: Tati's Plans for the Future Connect with Tadi:

• Email: [email protected]
• Website: https://hotwholesale.gumroad.com/
• Instagram: https://www.instagram.com/tadivirtual/
• Youtube: https://www.youtube.com/c/HotWholesale
• Facebook: https://www.facebook.com/tadivirtual/

Don't miss an episode - join our announcements email list http://eepurl.com/h6kR9b Join us in our Facebook Group https://www.facebook.com/groups/1650395342027022 Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/ Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/
• LinkedIn: https://www.linkedin.com/in/mario-griffiths