Generational wealth is a huge buzz word, but folks rarely talk about the generational actions that needs to accompany them. In this episode i talk about the trip i took to Colorado Springs where my wife and i stayed in a $1M airbnb which i later discovered was a detached triplex. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. List...
Oct 27, 2022•9 min
As a first time home buyer when touring homes and walking through a home you should be aware of issue seller may try to hide of may even just be completely unaware of. These are items your realtor should be aware of but may not be. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. Listen on the go on all podcast platform https://www.houser...
Oct 25, 2022•12 min
In this episode I analyze Fannie Mae's October housing forecast. I cover what they think will happen through the year 2023 when it comes to rates, home appreciation (and depreciation), and home sales. I also use quotes from Fannie Mae Chief Economist Doug Duncan Listen on the go on all podcast platform https://www.houserichshow.com First Time Home Buyer School- https://www.facebook.com/groups/fthbs... Find a realtor in your area: https://findarealtor.my.canva.site/ Email: hello@houserichsh...
Oct 20, 2022•12 min
I had my mortgage, home loan declined by my own company as a lender. Here 5 lessons i learned when it comes to income checks, credit check, time lines and what to do after the facts. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. Listen on the go on all podcast platform https://www.houserichshow.comFirst Time Home Buyer School- https://www.fa...
Oct 18, 2022•12 min
In this week's episode i talk about the best time of the year to purchase a home. In my ipinion its not the summer time it is ( ) due to all the reasons you probably dont want to buy a home then. These are when you can get the best deals from seller not matter the market and get home builder discounts, This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build bl...
Oct 13, 2022•7 min
For Indigenous People Day I set out to look up loan programs for Native Americans and make across and interesting bit of information as to why they were able to get loan all the way into the late 90s. Listen on the go on all podcast platform https://www.houserichshow.com First Time Home Buyer School- https://www.facebook.com/groups/fthbschool Find a realtor https://findarealtor.my.canva.site/ Email: [email protected] Home Buying & Credit Courses-https://coinsnculture.gumroa...
Oct 10, 2022•9 min
In this episode I go over 2008 housing market crash data such as interest rates, feels fund rate, unemployment, inventory and housing prices and compare them to today. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. Email: [email protected] First Time Home Buyer School- https://www.facebook.com/groups/fthbs... Home Buyi...
Oct 06, 2022•14 min
In this weeks episode I'm breaking down how to find down payment assistance for your home purchase in any market. I'll cover what website to go to, who to ask, what questions to ask and what the community reinvestment act is. This is the website mentioned. https://www.hud.gov/topics/rental_assistance/local This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close...
Oct 04, 2022•15 min
In this week’s live episode, I discuss what Jerome Powell and the Federal Reserve means by a housing market reset. The Federal Reserve raised interest rates by 75 basis points in order to combat inflation with the goal to cool down the housing market with the goal to combat inflation. The accompanying YouTube video https://youtu.be/xHhQeepQauk Sources of info. https://tradingeconomics.com/ https://fortune.com/2022/09/22/housing-market-federal-reserve-reset-through-difficult-housing-correcti...
Sep 29, 2022•12 min
I always hear folks say don't sell grandma's but then provide any actionable steps in case grandma or the family experiences a hardship. In this episode I cover what a gift of equity is and also give an overview of seller financing. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. Email: [email protected] First Time Home Buyer Schoo...
Sep 27, 2022•9 min
In this live video i discuss the current housing market and jump into what the data says about go over housing home prices, mortgage interest rates, housing inventory and affordability from 2018 to present. I also cover a few questions you should ask yourself before pulling the trigger on a home in any market This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and cl...
Sep 22, 2022•34 min
This is s deep dive into a question I got last week. I discuss where discrimination can happen during the loan process. Go over if the size of the bank matters, walk through the loan process and who actually looks at your loan during the mortgage process. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. Home Buyer Education Email: hello@houseri...
Sep 20, 2022•21 min
I talk to Nick Gouché the co founder of legacy home loans about founding the nations largest black led mortgage company, their mission to increase black home ownership, the history of discrimination and redlining in America and go over the guidelines of the "Closing the Gap" loan program a “Special Purpose Credit Program” (SPCP) for Black people who want to become homeowners. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through ...
Sep 15, 2022•47 min
In this week's episode I talk to @reekestate about scaling his real estate portfolio. How growing up in a real estate environment encouraged him to start his real estate journey. We also cover hard money, BRRR strategy, being your own contractors and much more. This is a great episode on leaning how this black entrepreneur built wealth through real estate. Tarik's IG- https://www.instagram.com/r.eekestate/ His Link Tree- https://linktr.ee/reekestate His Mentorship- https://www.mmiuniversity.com/...
Sep 13, 2022•41 min
There is alot of misinformation online as far as Bank of America's Community Affordable Loan Solution loan program from why are they launching it now, to why isnt it only for minorities, will this accelerate gentrification etc. I address all that and more in this video. If you got value share with a friend so we can stop the spread of nonsense. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real es...
Sep 08, 2022•34 min
In this live episode I cover Bank of America 0% down mortgage program for minority communities which is targeted at help increase home ownership. Right now it is rolled out in Dallas, Detroit, Charlotte, Miami and Los Angeles. It requires no closing costs, no down payment and it has no minimum credit score. Check out the live for all the mortgage guidelines. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate....
Sep 06, 2022•24 min
In this episode I break down the finances behind owning my primary residence for 6 years. I discuss the appreciation, my mortgage statement increase, how it compares to rent in the area, what changed in my neighborhood, and what we've spent on the property via HOA fees and maintenance. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate will also help close the wealth gap in the black community.&...
Sep 01, 2022•19 min
In this episode I sit down Anthony Armstrong. We discuss his journey from the arena league and staying with him mom, to making it in the NLF. We also discuss how it feels to score a TD. We then talk about the transitions to into the civilian world and becoming an award winning realtor in the Dallas area. We also discuss if the Dallas market is over valued and when is the right time to buy. This is a show for millennial first time home buyers looking to buy their 1st home and build generati...
Aug 30, 2022•51 min
REITS are a way to invest in real estate by teaming up and investing with someone with a track records of success (or failure, lol). Buying a REIT is investing a company that invests in real estate. You get a divided from the company you invested in similar to collecting rent with physical real estate. Check out the full episode for more This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Home Buyer Education...
Aug 25, 2022•11 min
In this episode I cover 10 myths millennial 1st time home buyers should know. Don't let misinformation stop you from building generational wealth through. Some of the topics were cover are. -Is now a good time to buy -Are rates to high -can you get a mortgage with student loans -What credit score you need to get a mortgage -What are the down payment requirements for a mortgage. Tune if for the rest This is a show for millennial first time home buyers looking to buy their 1st home and build gener...
Aug 23, 2022•17 min
Maryland SmartBuy 3.0 gives homebuyers an opportunity to purchase any home in Maryland that meets Maryland Mortgage Program guidelines while paying off student debt. The program will put 15% of the purchase price towards your student loans, but cap the amount at $50,000. Check out this episode for the full details. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and cl...
Aug 18, 2022•10 min
In today's episode we cover what happens to your mortgage loan once it goes to the underwriter. The four things that your underwriter looks at when looking to approve your loan are the income & debts, credit, funds for the down payment and then a special fourth item you'll need to tune it to see. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Email: [email protected] First Time Home Buye...
Aug 16, 2022•18 min
There are many things you should consider when buying a new home such as the timeline of the master planned community, comparable sales, the zone of the land in the area and a lot more. Check out the episode for all of the tips. Buying a new construction home is definitely a way for millennials to build generational wealth. Email: [email protected] First Time Home Buyer School- https://www.facebook.com/groups/fthbschool Home Buying & Credit Courses-https://coinsncultu...
Aug 11, 2022•14 min
In this episode I talk to Tramaine Robinson about building up his real estate portfolio using his 9 to 5, leaving his 9 to 5 and then going back to his 9 to 5 in order to build his real estate portfolio. We also talk house hacking and building a portfolio with his finance. This black millennial entrepreneur is definitely building generational wealth through real estate. His IG-https://www.instagram.com/9to5landlord414/ Linktree-https://linktr.ee/9to5landlord414----- Email: hello@hous...
Aug 09, 2022•32 min
There are basically 3 things that can happen when you buy a home whether its during a recession or a great economy. You home value can go up or down, interest rates and increase or decrease from when you locked in your rate and you could lose you job you could keep your job. We'll walk through these scenarios. Buy property it is the key to building generational wealth. It is also the key to closing the wealth gap in the black community. House Rich the millennial real estate show. Email: hello@ho...
Aug 04, 2022•11 min
*It's a little noisy the 1st 1 minutes, this was a spontaneous episode i decided to film on my morning walk A Philadelphia mortgage lender owned by Berkshire Hathaway has agreed to pay $24 million to resolve lending discrimination claims in three states, the Department of Justice announced Wednesday, in what prosecutors have called the second-largest “redlining” settlement in the agency’s history. per the Washington Post In this episode I'll tell you why this news shouldn't be shocking (hi...
Aug 02, 2022•11 min
In this episode I cover how to properly interview your realtor. Some the questions we cover are are what areas they cover, are they part of a real estate teas, does the realtor work with buyers or sellers, etc. Real estate is a great way for millennials to figure out how to build generational wealth through real estate. This is key to closing the wealth gap in the black community. Email: [email protected] Real Estate Referral Network- https://www.houserichshow.com/referral Home Buying &...
Jul 28, 2022•13 min
In this episode I breakdown the the 2022 guidelines and requirements for FHA loans. We cover FHA loan limits, FHA occupancy requirements, FHA loan limits, FHA 203K rehab loan, house hacking, FHA down payment requirements, FHA credit score requirements, the FHA amendatory clause, FHA inspections, FHA appraisals and more. Real estate is a great way for millennials to figure out how to build generational wealth through real estate. This is key to closing the wealth gap in the black community. . Ema...
Jul 26, 2022•13 min
I break down the how your credit/fico score is comprise, how it's weighted a what you can do to impact your score. The 5 major components of your credit score are payment history, credit utilization, length of credit history, new credit and credit mix. I also cover my favorite topic which is why inquiries don't really matter. Credit is another way to build generational wealth through real estate. Email: [email protected] Real Estate Referral Network- https://www.houserichshow.com/referral ...
Jul 21, 2022•18 min
In this episode I talk to Daniel Martinez Co-founder of Hivemind on how he created the ultimate all-in-one customer relationship management (CRM) tool Hivemind with no technical experience. We also talk about how we uses creative financing to secure land deals with no money out of pocket and why its easier to do that buying homes. This is another way millennials can build generational wealth through real estate. Daniel- https://dmartinez.io/ ****** Email: [email protected] Real ...
Jul 19, 2022•32 min
