3 Reasons You Need to Get Off the Sidelines and Into Real Estate Now!

BY: - 4 Oct '17 | Money

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By: Kito J. Johnson

I have always been passionate about real estate. I remember, as a teenager, I’d drive through subdivisions to look at the houses and walk through new construction properties to admire the architecture, noting the quality of construction. Since then, I’ve done a number of different things throughout my life, but somehow I’ve always been led back to real estate.

When I was 20, I acquired my first home. Not long after doing so, I surfed upon an episode of Oprah to find Robert Kiyosaki sitting on her couch. He had recently written a book entitled Rich Dad, Poor Dad. It caught my attention immediately. I purchased the book and read it from cover to cover thinking, “Hmmm, this is interesting, I think I might be able to do this.”

Before reading the book, becoming an investor hadn’t even crossed my mind, let alone becoming a licensed broker. Armed with a new thought process, I purchased another home and continued to apply the principles I had learned over the next few years. Fast forward to 2008, I had amassed a portfolio of 17 properties. It was amazing to discover my passion as I implemented simple wealth building strategies to create an income from multiple channels.

Generational wealth is an important passion of mine. Creating a means that will outlive you and leave a legacy for your children’s children is something I find fulfillment in teaching to others. With the right tools, you have the power to change the game for your family and build wealth for your children. Having said that, I believe real estate investing is a GAME CHANGER, for the following three reasons:

Everybody Needs It

Real estate is a passion of mine because, it’s true. It’s the one thing that everybody needs, no matter who you are. The reality is that you’re either staying in your own investment or you’re staying in what represents an investment for somebody else. Everybody needs a place to stay.

FREE RESOURCE: Click here to download a FREE resource from the author - How Much House Can I Flip? This FREE video training shares insider secrets to determining how much house you can afford to flip in your area!

God’s Not Making Any More of It

Real estate is a resource that is constant. While the population is always growing, the land area is never increasing.

Even from a biblical perspective, the original promise to Abraham and his seed was that they would inherit a land. The children of Israel sought to possess a singular promise— to inherit land. Our inheritance includes the acquisition and control of real estate.

You Can Own It While Somebody Else Pays For it

Real estate as an investment is the one thing that you can own while somebody else pays for it over time. As you rent it out, your accumulated wealth grows while the property appreciates in value.

Moreover, you can leverage other people’s money to acquire it. It is very possible that with little to no money, good or not so great credit, and with little personal time, you can apply principles sure to increase your net worth.

Knowing the right tools and strategies to real estate investing opened up profitable channels and continues to work for me. It’s the vehicle to create something sustainable that will outlive us and serve our family for generations to come.

BMWK, are you ready to change the game financially for generations to come? Click here to download  a FREE resource from the author – How Much House Can I Flip?

About the Author: Kito J. Johnson is an accomplished real estate broker who specializes in teaching others how to create generational wealth through principles of real estate investing and entrepreneurship. A licensed broker in four states, his stellar 20-year career boasts over 1,000 real estate transactions. A master networker and CEO of Atlanta-based brokerage, Buy N Sell, Inc., Kito has been dubbed “the guy to know” in circles ranging from community leaders to elite investors.

About the author

BMWK Staff wrote 1243 articles on this blog.

Content and articles from the staff and guest contributors of BlackandMarriedWithKids.com

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Free Training: How African American Couples Can Create Generational Wealth

BY: - 29 Oct '17 | Money

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Dr. Dennis Kimbro, author of The Wealth Choice: Success Secrets of Black Millionaires says, “I can tell you unequivocally wealth is not a function of gender, not a function of race. It is not a function of circumstance. It is not a function of condition—how the cards were dealt, which side of the town you were born on, but it is a function of choice, a function of discipline, and it is a function of effort, faith, and believing in yourself.” In other words, we (African Americans) can determine whether or not future generations will benefit from the wealth of those that came before us.

But are we really doing all that it takes to ensure that future generations (i.e our kids) will benefit from the work we are doing, now, to build wealth?

That’s why we’ve asked money expert, Kara Stevens to join us on November 2nd to discuss everything that we can do to build generational wealth for our families. Kara is also the founder of TheFrugalFeminista.com, a personal finance and lifestyle brand committed to helping women transform their relationship with money in a holistic way

Join us on, Thursday, November 2nd at 9 PM ET for a FREE LIVE ONLINE TRAINING where we’ll be discussing:

  • How to shift your mindset from spending to building wealth.
  • How to awaken the financial genius of your children
  • How to rely on more than one source of income for building wealth
  • How to create and monthly budget (and stick to it.)
  • What it means to leave your family a legacy.

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How to Join: How African American Couples Can Create Generational Wealth

We’ve been collaborating with Wells Fargo for years now.  And when they learned it was our 10-year anniversary, they asked “How can we support you?” And so we joined together this year to bring our BMWK family a Couples Financial Empowerment Series that started with a Financial Intimacy Panel earlier this summer and will continue with two awesome webinars.  And here are the details for our second webinar:

  • Click here to register! https://members.blackandmarriedwithkids.com/wealth-webinar
  • We will send you emails in the days leading up to the webinar with reminders and information on how to access the webinar.
  • Space will be limited…so please make sure you register and try to join at least 10 to 15 minutes ahead of time to ensure your spot.

Webinar Details:

  • Topic: How African American Couples Can Create Generational Wealth
  • Date: November 2nd
  • Time: 9PM ET
  • Hosts: Lamar and Ronnie Tyler – founders of BlackandMarriedwithkids.com
  • Special Guests: Kara Stevens, founder of TheFrugalFeminista.com
  • Sponsored by:  Wells Fargo

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wellsfargoDisclosure: This is a sponsored post brought to you by Wells Fargo.  BMWK has collaborated with them on a Couples Financial Empowerment Series that includes panels and webinars focused on promoting financial education and wealth building in our community.

About the author

Ronnie Tyler wrote 524 articles on this blog.

Ronnie Tyler is the co-creator of BlackandMarriedWithKids.com and co-producer of the films Happily Ever After: A Positive Image of Black Marriage, You Saved Me, Men Ain't Boys and Still Standing. The proud mom of 4 has been selected by Parenting Magazine as a Must-Read Mom and is one of Babble's Top 100 Mom Bloggers.

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