Business
Don't forget to subscribe, leave us a rating and a review!This episode with Alexis Lee was inspiring! Alexis is a Atlanta, Georgia native and Hampton University Alum. After being co-owner of three successful hair stores, she realized she was miserable and not operating in her purpose. She sold her shares, took the lessons and started investing in real estate. Currently she has 16 units and has done a lot of flips over the years. In this episode we discuss, flipping properties, Air Bnb, investing in your children, her new construction home and more! Check out her resources here- https://linktr.ee/alexisleerealestateHow you can find herIG- @alexisleerealestateShow Sponsor-- @mintinc_usaAccess all of our resources on our website- https://www.blackrealestatedialogue.com/Join the B.R.E.D Real Estate Investment Community- https://gum.co/LPizuBecome an Official Patron and get access to exclusive content and discounts! https://www.patreon.com/blackrealestatedialogueText BRED to 21000 to join our free VIP Text ListHighlights If you use the FHA loan (3.5% down) you don't have to stay there forever. You can stay there for one year, move and rent it out. You can then repeat the process. When you get a lead, see the property, find out the comps in the area, repair costs and what you can sell or rent it out for When seeking mentorship, focus on building a relationship with someone who can continuously help you. Come in and find a way you can help them and not just take from them When it comes to long-term of short-term rentals you must have money set aside for emergencies Resources- Tenant Cloud is property management software you can use to manage everything