lesson #1: I will say don't believe because you are black you can't have success in Real Estate or any other money game. Our people must realize never before in US history has there been more ways to gain wealth. I'm not talking about making 100 or 300k/yr I'm talking about millions. All you need is a computer, an idea, a little passion, educate yourself and understand there is no success without struggle. When you begin making paper, eliminate ALL debt before you spend on anything else. Why? because every business at some point will deal with the unexpected and it will affect the $$ you have been making. My wife and I left day jobs 23 years ago and haven't looked back. When the gov't created the market collapse no one was making $$ including us. We had cash and no debt, so we said people are losing their homes let's help them. In that process, and one bad experience we acquired 18 free and clear properties for an avg of 40k each over a period of 7 years. We were just trying to generate income through loan mods and short sales so we could continue to afford the office rent. Had no idea it would lead to this...
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