Black Wealth Effect

Navigating the landlord/tenant relationship can be a struggle. And that is made even more challenging by outside forces. And being a landlord is not easy, especially when dealing with issues that test your patience and even your finances. The wrong tenant can cost you a lot of time, money, and effort. To avoid this, we need to set things right from the start. Knowing your rights and responsibiliti...

It's a long-term game to invest in real estate. To keep the business running, you need time, money, and resources. Apart from that, there are challenges and issues to contend with. Additionally, investing in relationships and networks will help you grow your business far into the future. There is no doubt that it takes hard work, a skill set, and a resilient attitude. It may be the way things are,...

Investing in real estate requires making business decisions. It pays to be financially savvy to run a real estate investing business. Investors are also susceptible to burnout and mental stress. The number of deals and numbers you have to think about in your business can exhaust you physically and mentally. Your ability to balance your life's pillars will give you the strength, courage, and enthus...

Dream big and build small. However, how can you have that mindset if you have no idea where to begin? You don't even have the capital to get your foot in the door? Most people struggle with that, shutting their minds off when opportunities are scarce. The truth is, there are lots of resources just waiting to be discovered. When there are no opportunities, just consider all possibilities. You shoul...

Newbie investors have a tendency to fall into the shiny object syndrome. Investment opportunities abound. You do not have to jump at every chance you come across. It is best to consider specific considerations when playing the long game of real estate. However, for someone who has been around and owns a portfolio, the question of stepping up and scaling one's company always arises. The key to star...

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...

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...

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...

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 side...

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, Do...

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...

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....