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In 2002, I was owing to a convenience store which was and is still a proud moment for me. But it was a lot of work. I realized that several millionaires were real estate investors and I thought that I could get paid more to do less. Soon, a friend of mine convinced me to partner on the purchase of a burned-down house for $8,000. The plan was to “fix-and-flip” the property, but my friend backed out and I was left to figure it out on my own. I held my ground and I wasn’t going to be defeated. So, I did some research, contracted a roofer, who also helped me with remodeling, and invested $50,000 into repairs. The house sold for $80,000. I profited 30 grand and I thought I was Bill Gates! I continued buying properties for a few years while still running the store, and then, about 15 years ago, I sold the store and decided to take a break to think about the future. I had done really well as a real estate investor but knew I didn’t want that to be my whole story. I wanted to use what I’d learned in those first years to help others. I truly believe that you should always share the road, share the wealth.
Initially, I launched the company knowing that I could provide tremendous insights into real estate investing. Back then, the focus was majorly on wholesale properties in Virginia and from there scale expansion nationwide. Our first transaction was in 2013, since then I and my team have strived to grow the company and serve a wide-ranging client base. We hold expertise in the distressed property market i.e. we purchase properties at a discount from disadvantaged sellers, as well as homes in need of repair and foreclosures, then complete renovations and resell at a profit. This also serves as a great business model because I can fulfill my “share the wealth” motto. This year, even amid the challenges of COVID, we’re still close to the million-dollar mark.