Black Wealth Effect

Getting started in real estate is often thought of as buying that first property and doing it all on your own.

But real estate investing entails many facets but that doesn't mean you have to do it all yourself. You can always focus on what you are good at and outsource the rest.

Managing this business requires people with different skill sets suitable for the many aspects involved. The skills you have in networking and building relationships will come in handy. Additionally, there are tools, apps, and software available to make communication more efficient.

In this episode, Isaiah Henry shares how he manages his real estate investing business, especially when it comes to BRRR projects, without being physically present on site. Hear about his tools and resources for automating systems and creating efficient processes.

He shares his story about how coaching and mentorship helped him grow personally and professionally and how the fear of risk stops people from getting into real estate. However, he offers a very insightful viewpoint. You have to dig it.

Finally, find out how he gives back to the community as he grows his business.

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/

What you will learn from this episode:

• Find out how you can successfully run your real estate business from afar without lifting yourself from your office chair.
• Learn how to make the most of the BRRRR strategy and bring in a good return without being present on-site.
• Discover how you can make a sweet property of a deal and scale your real estate business faster.

Isaiah Henry was born and raised in the Durham Region. He attended Wilfrid Laurier University as a dual sport athlete (rugby and football) where he graduated with distinction. Upon graduation, he pursued a career in law enforcement which gave him the platform and stability to start his real estate investment company, First Position Real Estate.

At First Position Real Estate, he strives to provide high-quality housing solutions for community members, clients and investors while adding valuable, attractive, and stable investment opportunities for his partners, focusing on generational wealth. Through the scholarship and co-op program, in-person events, and private lending department, he is excited about the growth and trajectory of First Position Real Estate.

Connect with Isaiah Henry:

• Email: [email protected]
• Website: http://first-position-real-estate.mailchimpsites.com
• Instagram: https://www.instagram.com/itsmrhenry/?hl=en
• Facebook: https://www.facebook.com/FirstPositionRE/
• Youtube: https://www.youtube.com/channel/UCtVOJ9REWeazii4UBQ-XGpw
• TikTok: https://www.tiktok.com/@itsmrhenry

Topics Covered:

02:21 - Sharing his life as a dual athlete: choosing to play rugby over football 03:06 - How his stint at the Toronto Police Service helped in his real estate business journey

04:24 - What's behind putting up First Position Real Estate

05:42 - Doing initiatives and programs to give back to the community through First Position Real Estate company [scholarships and co-op programs]

08:52- Qualifications to make one eligible for the co-op program

10:09 - What made him and how he got into his first property investment

13:07 - What his succeeding deals after the first one look like[successfully doing full BRRRR without being physically there]

13:00 - Highlighting one particular property that he successfully flipped [BRRRR] for a very good ROI

18:54 - Tools he uses to help him successfully invest long distance

21:55 - Communication systems he is employing to help run his real estate business [free software and apps he uses]

25:48 - Facing risk in the real estate business

27:31 - Growing your real estate investing business with coaching and mentorship

30:41 - Important events and workshops to look forward to and what's in store for his real estate business

Key Takeaways:

"If you can make a business out of real estate, there's power for you to make income and grow wealth for you and your family." - Isaiah Henry

"A lot of people spend time, like, how am I going to finance this? How am I going to run this better? How am I going to find the next deal? I said, what if you took that same effort and worked on building relationships." - Isaiah Henry

"The biggest way that I mitigate risk is with education." - Isaiah Henry

"If you have the mindset to get started, you're more likely to mitigate that risk and come up with a successful investment." - Isaiah Henry

"You don't need all that money to get started to buy; take the money you have, get the skills so that when you know how to get the income, you're going to be able to make those successful investments there." - Isaiah Henry

"Everything comes with risk. I don't think it's something people should avoid; I think it's something that we can all mitigate. And real estate is one of the best ways to mitigate financial risks that I haven't seen in any asset class." - Isaiah Henry

"You can take the risk as it comes, do your due diligence, get some education, invest in real estate, and start changing the financial future for yourself and your family." - Isaiah Henry

"I was always with a coach. And I knew to always get to the next level; you have to be coachable." - Isaiah Henry

Connect with Mario Griffiths:

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

Connect with Ron Christopher:

• Instagram https://www.instagram.com/ron.investor/

Is there anything that keeps you from getting into real estate?

Is it a lack of experience and knowledge?

Or are you still waiting for the market to go down before you invest?

A resolute individual like our guest, Abby Soetan, never let these obstacles get in the way of her first flip, regardless of the pandemic.

In this episode, Abby shares with us how she jumped into real estate without knowing what she was getting into. With faith, a strong will, and an openness to learning along the way, she managed to turn her first flip project around and earn a good profit. Her business has scaled since then.

As a first-time investor looking to get a steady flow of income, listen in as she offers creative investment strategies and what she has to say about building a power team if you're looking to scale your business.

In addition, get valuable tips on DIY flipping projects and how to sell them with outstanding returns.

What you will learn from this episode:

• Find out how one can earn a good amount of profit from flipping a property the first time, even without prior knowledge and experience.
• Learn about tips and hacks in flipping for the first time, so you manage expectations.
• Understand how the market works for flipping properties so you maximize your profit margins.

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/

Abby Soetan started investing in real estate in 2020 after reading a book about a couple who flipped houses for a living. She thought to herself, "If they can do it, so can I!". 2 weeks later, she had her first property under contract.

When she started sharing her journey, she did so because she wanted to show other women who looked like her that it was okay to be in this space - and that we can succeed at it too!

Since buying her 1st property, it's been a fun (and sometimes scary) journey, but she picked up many lessons and loved every step of the way.

Her goal for real estate is to develop herself & other people on her journey to building wealth!

Connect with Abby Soetan:

• Email: [email protected]
• Instagram: https://www.instagram.com/blackequity_/
• YouTube: https://www.youtube.com/c/BlackEquity

Topics Covered:

02:45 - How she got started in real estate and the valuable experience she had from jumping into it

06:22 - No better time to do it than now

07:54 - Why flipping was the best way for her to get started in real estate

11:15 - What the experience was like and how she got through her first flip without prior experience

15:53 - Confidence level achieved

16:26 - How was it like selling the property themselves and not through the realtors

18:45 - Essential factors to look out for when flipping the first time for newbie investors

23:30 - What's the dynamic like when working with your spouse or partner [talking about interpersonal tools and skills]

29:37- Integrating her knowledge in design into her flipping projects [tapping into your creativity and making your property stand out]

34:34 - Changing strategies and pivoting her business with the recent market trends

36:34- What is an arbitrage investment strategy?

38:41 - The system and vital factors you need to set in place when thinking of scaling your business [the power team]

46:17 - Immediate plans for her real estate business

Key Takeaways:

"Buy low, sell high. That was kind of my strategy." - Abby Soetan

"If I just kept waiting and thinking for the market to go down. Or, if I had used my lack of knowledge or experience to say I can't do this, I would never have learned so much. Not even just the financial gain but the mental gain as well." - Abby Soetan

"If you're working with any partner, even if it's not someone you're married to and both of you decide to do some work together, it's vital to know each other's strengths, and also each other's methods and give each other the room to do what they can do best." - Abby Soetan

"What's the worst that can happen [when it comes to design]? If it doesn't look good, you start again." - Abby Soetan

"When you're thinking of arbitrage, all you're considering is like your first and last month rent and your furnishing costs versus a property that you own, which is the downpayment, the closing costs, all the legal fees, and then your furnishing costs as well." - Abby Soetan

"Scaling is, I believe, a factor of time and money. It's very important to understand your limits, so I guess that leads me to the Power Team because having a contractor is essential." - Abby Soetan

Connect with Mario Griffiths:

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

Connect with Ron Christopher:

• Instagram https://www.instagram.com/ron.investor/

Rather than owning their own home, some people believe renting offers greater freedom and flexibility. It relieves them of having to pay a mortgage for many years.

Wouldn't it be great to own a house without having to pay off the debt while building wealth at the same time?

In this episode, Phylicia Walsh and Mike Allicock share how they purchased a home without having to pay the loan and created passive income at the same time.

Besides stressing the importance of having a solid mindset, they discussed how it can help you buy your first home regardless of changing market and economic conditions.

Along with that, they emphasized the importance of setting goals as the first step to getting started.

Considering all the current market volatility, inflation, and high-interest rates, their golden nuggets and insights as realtors and investors help us see what the market's current state is, where it is headed, and what we can do to find and maximize investment opportunities both short and long term.

What you will learn from this episode:

• Discover one investment strategy that helps you own a home, pays for your debt a,nd creates wealth.
• Learn about valuable hacks and tips for buying turnkey properties that meet your short and long-term goals.
• Find an investment portfolio that provides high and steady cash flows even with the rising market and high-interest rates.

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/

Phylicia Walsh is a client-focused and results-driven person who is available to provide you with a customized experience based on your unique needs. Whether you're looking to break into the market as a first-time buyer, sell your home, or leverage equity to buy more real estate, Phylicia takes an informative approach while guiding her clients through the real estate process, and combines her skills, passion, and knowledge to achieve each client's goals.

Connect with Phylicia Walsh:

• Instagram: https://www.instagram.com/justgetrealty/
• Email: [email protected]

Michael Allicock is a serial entrepreneur, real estate investor, and teacher who values the importance of building strong relationships and takes an informative approach while interacting with his clients. He takes the time to listen to his clients and understand their needs and goals to match them with the best financial solution.

Michael is passionate about financial literacy and macroeconomics and leverages his knowledge to make decisions that benefit his clients. No matter the situation, Michael is willing to listen and give a helping hand.

When he's not busy helping clients, Michael enjoys spending time with his family, playing sports, and working on various renovation projects.

Connect with Michael Allicock:

• Instagram: https://www.instagram.com/miketheentrepreneur/
• Email: [email protected]

Topics Covered:

03:04 - What comes to Phylicia's mind when talking about wealth and why she's passionate about financial education and real estate?

04:05 - How she gets clients to relate to her story

04:49 - Maintaining work-life balance

06:22 - What makes their first property purchase the best decision ever [their first house hacking experience]

09:35 - Househacking and its benefits

12:13 - Valuable tips for buying turnkey properties

14:03 - Leveraging equity to buy their second property

16:47 - State of the market from a realtor and investor's perspective

23:38 - How you can get into the real estate market and buy your first property even in today's market [mindset is everything]

26:06 - Other valuable tips and advice to consider to get into real estate and buy your first Property

28:18 - What gets Phylicia and Mike busy in their real estate business

29:01 - Finding good opportunities with short term rentals

Key Takeaways:

"House hacking was the best option, just because it was a balance between saving and not wanting to be so much in debt, and still having an ownership aspect and building wealth that way." - Phylicia Walsh

"The first property doesn't have to be perfect [turnkey property that needs renovation]. I don't think people realize how inexpensive it is to actually fix these things and increase the value of your property. It's one mistake that I see a lot of people make, and I wish people could kind of have that foresight to see more value in these homes." - Phylicia Walsh

"I'm not gonna say it's a crash right now. I will say we are definitely seeing a market correction. And I don't think it's over yet." - Phylicia Walsh

"Understand what to look for when you're looking for a property that maybe you want to convert into a second suite. Sometimes you just got to take the leap, and you do the learning along the way. It might be a little bit more costly, but you're taking action, which is the most important." - Mike Allicock

"With every correction comes opportunity. This is why it's so important to run your numbers properly and account for risk."- Mike Allicock

"A lot of it comes down to mindset. As a first-time buyer, if you truly want to get in, have your goal in place as to why you want to get a house. What the true long-term future goal is because there's more to real estate than just owning a house." - Mike Allicock

Connect with Mario Griffiths:

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

Connect with Ron Christopher:

• Instagram https://www.instagram.com/ron.investor/

Don't have the money or capital to invest in real estate?

It might seem that you always need money to get started.

But if you get creative and smart about finding ways, you can get your real estate business running without needing to put in your own money.

In this episode, our guest Thia Velinor shares how she grew to 66-doors without using her own money.

She points out that if you sit on the sidelines, nothing will get accomplished. It's all about hustle and taking action is crucial.

Additionally, she discusses the importance of sharpening your skills, investing in yourself, and fixing your mindset to achieve success in this business.

She emphasizes the importance of building quality relationships. And even though she has grown her real estate assets, she has also made mistakes, and she shares the lessons she learned from them.

In Thia's case, you may not know everything at the start, but you'll learn as you go along. She did exactly that, and look where she is now.

What you will learn from this episode:

• Discover how you can get started in the real estate business without capital.
• Find out hot markets that offer great opportunities but with low entry points.
• Learn how you can scale and move your real estate business faster.

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/

Thia Velinor is a single mother who has faced tremendous obstacles and hardships. Through perseverance and is dedicated to her goals, Thia was able to quit her 9-5 in January of 2021. She has since grown her wholesaling business to a six-figure business doing over 20 deals and acquiring 18 doors using OPM.

Get in touch with Thia Velinor:

• Website: https://www.velinorproperties.com/
• Instagram: https://www.instagram.com/thiavelinor/ or https://www.instagram.com/velinorproperties/
• Facebook: https://www.facebook.com/velly.vellz

Topics Covered:

02:40 - An environment and upbringing that built so much of her character

05:06 - Overcoming struggles in the early part of her real estate business journey

07:26 - What is it about the wholesale strategy that she got started in the real estate business via that route?

10:53- One important thing she considers about the markets she's focusing on this time

12:58 - Scaling and moving your real estate business quickly

14:22 - The value of a power team

16:01 - What's behind owning 66-door units as of this time

19:17 - Leveraging networking -- the power of relationships

21:35 - Business pivots she's doing with the recent rate hikes that's happening

23:55 - What she would tell someone wanting to start in the real estate business via wholesaling

28:08 - Lessons from a deal that didn't pan out as expected

32:40 - Putting a premium on mentorship and giving back to the community

38:36 - What she's up these days and how you can reach out to her

Key Takeaways:

"I think it's important to have that mindset where it's like, if one door closes, you're going to figure out how you'll get it done another way." - Thia Velinor

"You can only learn so much info. A lot of the learning comes from the action components -- the doing." - Thia Velinor

"I got my first 17 doors without putting any money. All I did was find the deal." - Thia Velinor

"I would encourage people to get great at recognizing what a great deal is. Once you are able to do that, now you're in front of people who want to talk to you about the deals." - Thia Velinor

"People really underestimate the power of starting with wholesaling. There are just so many good skills that you get out of that. Leverage it and get doors with no money at all." - Thia Velinor

"You only have so much money; the bank will only lend you so much, you know. It's imperative to speak to people and try to figure out how we can create that win-win; not always you trying to get something from that person. It's like, what can we do together? Like, how can we build together?" - Thia Velinor

"Speak to people and just do it properly. You can figure it out by yourself. And it might take you a few years, or you can invest a few bucks and get there in a few months. You know It's not an overnight success story by any means." - Thia Velinor

"If you stick with it and build those fundamental skills that you need to go far in the business and not just with wholesaling. Once you have that down, you're good to go. But the main thing, invest in yourself, by all means." - Thia Velinor

"I see the value [of mentorship], and it taught me a lot. It also put me in the circles I needed to be in." - Thia Velinor

"When you pay for your friends, the conversations are different. Your mindset changes. Your outlook is going to be different. So, pay for your friends!" - Thia Velinor

Connect with Mario Griffiths:

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

Connect with Ron Christopher:

• Instagram https://www.instagram.com/ron.investor/

When it comes to real estate investing, wealth creation is a sure thing, but hard times are also inevitable. It gets even more difficult when you're alone and have no one to talk to about it, especially when you're just getting started because it sometimes takes time to figure things out on your own.

How do you get started and navigate your way to real estate investing success?

In this episode, Donalta Hall unpacks how to get it done with the wisdom she shares, knowledge, insights, and the best strategies to succeed in your real estate investing business.

As someone who is big on mentorship and whose business is greatly impacted by it, she couldn't stress more the reasons why you have to seriously consider it.

For someone just starting out on their investment journey and with little capital available to invest, she has recommendations on how you can start with affordable markets and strategies that will help you excel.

Due to her expertise in market trends and data analysis, she discusses what lies ahead in the market and where investing stands as the year 2022 progresses. This way you get to find out which investment strategies generate steady and strong cash flows and maximize revenue generation for you.

She talks about her short and medium-term rental investments and how she attracts that market.

Also, have you ever considered investing in the US? Donalta provides specific reasons why you should consider it, but also warns that you will face some challenges and provides tips on how to overcome them.

What you will learn from this episode:

• Hear what immense value mentorship contributes to solidifying your mindset, helping you scale and grow your real estate investing business.
• Understand strategies that will help you find opportunities that will see you through the hard times where others only see misfortunes.
• Discover helpful tips regarding off-market deals, employing power teams and partners, having a sound system in place, and taxes.

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/

With a passion for design and luxury hospitality, Donalta Hall and her partner run a 5 star corporate and vacation rental management company. In the past 15 years, she purchased and managed dozens of properties across southern Ontario.

Donalta specializes in strategically maximizing rental revenues using a combination of long, mid and short-term rentals. By combining functional modern living spaces with quality guest services, she delivers memorable experiences to guests and high-value returns to investors.

Connect with Donalta Hall:

• Website: https://bunkerliving.ca/
• Instagram: https://www.instagram.com/donaltahall/
• Facebook: https://www.facebook.com/groups/697379604966774/

Connect with Mario Griffiths:

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

Connect with Ron Christopher:

• Instagram https://www.instagram.com/ron.investor/

Topics Covered:

01:52 - Donalta's professional background 04:18 - Travel junkie at heart 05:39 - A win-win solution for purchasing her first property and increasing her credit score 09:18 - Finding value in mentorship 14:54 - Seeing market and business opportunities amidst the pandemic [how Bunker Living started] 17:20 - Differentiating short-term, medium-term, and long-term rentals 19:20 - Attracting medium-term rental market opportunities 21:11 - Discussing data analysis and market trends happening for the rest of the year 2022 and what you can expect 25:17 - Exit strategies you can do to pivot your business during harder times 27:11 - Helpful tips when it comes to off-market deals, employing power teams and partners, having a sound system in place, and taxes 31:45 - Action steps you can do to help in the initial investment of your property even with little or no capital 34:01 - Investment opportunities in the USA 37:05 - Is it hard to invest in the US? 39:38 - The challenging part of investing in the US and how to overcome it 42:31 - More helpful tips to help you invest in the US

Key Takeaways:

"That's why I advocate for mentorship because once you start immersing yourself in a new community, in a new group, a few things happen, and you change your reality." - Donalta Hall

"I want people to know that they can do it. But don't do it on your own. Everything is harder when you're doing it by yourself." - Donalta Hall

"You can't do everything yourself. One of the things I do is invest in multiple markets, and I have teams in each market." - Donalta Hall

"If you want to get started and don't have a lot of capital and resources, there are still affordable markets. I'm a believer in small multi-units if you can. One thing that makes a difference for me is that we have a secondary suite in our primary residence, and we rent that on Airbnb. That's one thing you can do to become financially free." - Donalta Hall

"Going into a recession, it's always a good idea as a lot of my mentors have taught me that the popular idea is to go into buy and hold for a few reasons. As people can't afford their homes. As an investor, you got to pick that up at a lower price." - Donalta Hall

"Large multifamily tends to do really well in a recession. But that still holds true for single family homes, if you buy it at a good price, and are able to rent it out." - Donalta Hall

If we are gripped by fear, lack of knowledge, and limiting beliefs, it is hard to find a way out. We will always end up working nine to five. This means trading time for money and sacrificing social life and family time if the work requires it.

Remaining in one's safety box will not lead to wealth creation. One must jump out, stretch oneself and make things happen. Otherwise, we can only hope for the life we've always wanted without ever achieving it unless we take action.

In this episode, guest Gary Hibbert shares how he approaches his fears as opportunities to deliver his best, network with others, and grow his business. See how changing your perspective and mindset rewards you with breakthroughs.

At the time, he never had enough money to purchase his first property when he started in real estate. Add to the fact that he didn't have all the knowledge about everything early on. And if that's not enough, he also had misses along the way.

But that didn't stop him from pursuing the dream life he wanted, which beats inflation, provides a healthy work-life balance and time freedom, and achieves not only return on investment but also return on time.

How did he do that? It was a matter of mastering his mindset.

What you'll learn from today's episode:

• Find out how to own multiple properties and scale your business even when you don't figure out everything at the start.
• Learn to face your fear; change your perspective, and you'll find yourself delivering your best and open yourself up for more opportunities.
• Discover one effective way of creating a roadmap of what you want to become and where you want to be, manifest it, and do away with shiny object syndrome.

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/

Gary Hibbert is a full-time Real Estate Investor, licensed and award-winning Real Estate Agent, Author, and Educator. In 2008, he made a decision that would be life-changing by purchasing his first investment property. Through hard work and dedication, Gary left the corporate world to become a full-time entrepreneur in 2014. Today, not only does he have a remarkable real estate investing portfolio, and a successful business, but Gary continually inspires the same change in others that transformed his life.

In the beginning, Gary lived pay cheque to pay cheque as many others do. He had been accustomed to the reality that at the end of the month, there was more month than money. Realizing that there must be another way to make ends meet, he became determined to educate himself and make a change. However, at that point, he hadn't yet realized that by changing his own life, it would enable him to help 100's of future investors to their path to finding financial freedom. In 2010, Gary launched Smart Home Choice, a company dedicated to educating new and experienced investors through a focus on SMART goals in order to allow them to make informed decisions in their investing strategies. Currently, Smart Home Choice is one of Durham Region's largest groups of Real Estate Investors and although the company is continually growing, it offers networking, mentoring, and self-improvement opportunities to its members.

In addition to Smart Home Choice, Gary is the owner of a private investment company called Deep Pockets and most recently has joined 4 others in a partnership of ownership of a real estate brokerage; Our Neighbourhood Realty. This gave Gary the courage and platform to initiate his podcast series, Real Talk With Gary. A podcast that focuses on wealth, health and everything in between. Gary attributes his success to his focus on improving his mindset, rather than improving his skillset and most importantly discovering his "why". He is also dedicated to helping others realize their "why", because that is the realization that led Gary to where he is today.

Topics Covered:

01:41 - What gets Gary excited for summer

02:32 - Return on time, not just return on investment

03:58 - Childhood lessons he incorporates into his business

05:39 - Touching on financial literacy experience, saving versus investing, and controlling your financial future

11:37 - His journey to owning multiple properties - what worked and what didn't for him

16:47 - Overcoming challenges and focusing your energy on what moves the needle in your business

22:06 - What's so big a deal with writing down what you want to achieve?

24:31 - How to get started and really take action to make things happen [working on your mindset to create your dream life]

28:08 - Valuable market forecast for the rest of the year 2022

31:54 - Is there still something that keeps him up at night?

33:46 - What's keeping him busy at this time

Key Takeaways:

"You have to be careful that while you're chasing your passion, your dreams, you've also got to remember why you're doing what you're doing." - Gary Hibbert

"Winning, you obviously feel great from it, but also from losing. I think that is where you get some of your biggest victories later in life because you have to go back, learn what went wrong, and then improve." - Gary Hibbert

"If you write down what you want, you can focus on it with intent. It changes your life, it changes direction. And that's how you can design what you want and manifest these things into your world"- Gary Hibbert

"I can't outpace inflation by having a job. That was a light bulb moment for me to say, what if I just had one more property? What if I could purchase another vehicle that could outpace inflation? And that's kind of what changed my life." - Gary Hibbert

"Get into the market, learn it, understand it. You can't sit there and just talk about it from the sidelines. The game is played on the field. Get into it." - Gary Hibbert

Connect with Gary Hibbert:

• Website: https://garyhibbert.ca/
• Instagram: https://www.instagram.com/garyhibbert/
• Facebook: https://www.facebook.com/smarthomechoice/

Connect with Mario Griffiths:

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

Connect with Ron Christopher:

• Instagram https://www.instagram.com/ron.investor/

Are you a young Canadian who wants to succeed financially?

Then this show is for you.

Meet your hosts, Mario Griffiths and Ron Christopher, both young investors in the early stages of their real estate investing careers.

As they continue to build their knowledge and experiences, they've quickly realized that there is a lot to learn about real estate investing.

They definitely don't know it all. They also know this knowledge gap exists for not only themselves but those looking to get started and those looking to take their real estate investment portfolios to the next level.

This is especially true for those in the black community because in their experience, the topic of investing and even just financial literacy was such a taboo subject in their households and those of many they knew.

But the great thing about real estate investing is that it's highly collaborative. With a solid network and building your knowledge, you can see positive results from making an investment in time and resources.

Like Ron and Mario, many young people have to deal with a limiting mindset about money, starting at the dinner table. Add to that, exhausting commutes to and from work and all the other challenges of life.

Good thing these two felt differently enough to not only wish to have more control but also took massive action.

After taking that leap, house-hacking even before knowing what it was, and buying the first property even during a pandemic they are on the way to reaping the benefits now and in the future of investing in real estate.

If this feels familiar to you, the Black Wealth Effect podcast will help you crush those limiting beliefs and fill the financial literacy and knowledge gaps that exist.

It will highlight successful black real estate investors, entrepreneurs, and other allies in the investing space, to really inspire the next generation of real estate investors.

The main focus is to shift your beliefs to what is possible and give you the clarity to achieve your wealth creation goals through investing.

It's also all about creating value, building a community that fosters growth, and impacts the lives of soon-to-be and existing real estate investors.

Every two weeks, they will bring you episodes that inspire you to take action.

Give the show a listen, share the Black Wealth Effect podcast with those you think might benefit from the show, and please subscribe so you don't miss an episode. If you have the time to rate, and give the show a written review it really helps others find the show too - thank you.

Catch you on the next episode!

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
• Website: https://www.mariogriffiths.com/

Connect with Ron Christopher:

• Instagram https://www.instagram.com/ron.investor/