Category: Buy The Block

Urban Redevelopment Across the Midwest

Introduction

There is a renaissance occurring across the Midwest with the miracle in Cincinnati’s Over-The-Rhine and now moving to Gary, Indiana’s central business district. Gary once a large and prosperous. One hundred years ago Gary, was a new settlement on the south shore of Lake Michigan nicknamed the “city of the century.” Gary was founded and funded by the industrial colossus U.S. Steel—chairman Elbert H. Gary, for whom the town is named.

Classic Rust Belt

Today Gary is a Rust Belt city with a predominantly African-American working class population points to its perception not as an historic boomtown, but a city left reeling when the manufacturing left. Gary stand as a model for the failing Midwestern industrial town  with white flight and the disorderly departure of industry in the later half of the 20th century resulted in a lack of jobs and development. But the promise of the city and community needs vision for revival that could apply to other working class cities on the ropes.

Urban Renaissance

There is today a focused on blight busting and targeted development, attempting to inject optimism back into the town and its citizens. A number of new community initiatives and institutions, including ArtHouse, run by Chicago’s Theaster Gates, are using art as a catalyst for urban renaissance.

Francine Anderson

Francine Anderson is the youngest in a family of 5.  er father migrated to Chicago from Greenwood, Mississippi.  Her mother migrated to Chicago from Brookhaven, Mississippi.  Both were fleeing the racism, violence, and lack of opportunity that plagued the south. Francine worked in corporate finance as a financial analyst after completing her BA in Finance at Clark Atlanta University.  She later worked as an Illinois Realtor while investing in properties in Chicago’s Englewood and Washington Park neighborhoods.

Lakichay Nadirah Muhammad

Lakichay Nadirah Muhammad affectionately known as “The Queen of Self Improvement” and “The Wellness Angel” has an extensive background in the healing arts. This international bestselling author, speaker, earth steward and community leader is committed to the awakening and refinement of the indigenous family. With an extensive background and training in the world of Real Estate Investing, Philanthropy, and Community Building this wife and mother is able to effectively marry her skills to aid in the transformative rebirth for individuals, families and communities.

More Gold Investors, LLC

Enter More Gold Investors, LLC to put their own brand of redevelopment on downtown Gary. More Gold Investors consist of a pair of highly skilled and experienced real estate developers that have combined forces to bring the redevelopment of 624 Broadway with approximately 6,250 square foot retail development space.  The project is located on Gary’s main downtown street, Broadway, and is walking distance from City Hall, the Metra Train Station, US Steel, and the city’s minor league baseball stadium. The project site is on the west side of Broadway Street, midblock, near the Centier Bank Building.

The Convergence of Locavesting and CrowdInvesting

When we look into the investment portfolios of most individual investors we will find stocks and bonds of large multinational companies that very often send jobs and profits overseas. The new retail investor class that crowdinvesting creates is very cash rich and rarely finds itself being invested in local businesses that as stated above are the economic drivers of communities. How do we change that dynamic? How do we channel more capital to productive use—to the small businesses that create jobs, spur innovation and build strong local economies? Well, crowdinvesting is the vehicle that will be able to transfer this capital to small local businesses and real estate development.

Delivering the Gold in Commercial Real Estate

Introduction

Black women are the fastest growing demographic of business owners and here are three Black women that are moving into the domain of commercial real estate what is considered by many to be the especially in commercial real estate, which has been called ‘the least diverse industry on the planet.’ Real estate ownership is also key to building inter-generational wealth. So many of our inner-city neighborhoods have suffered from divestment and benign neglect for decades after the erosion of the urban industrial manufacturing base. But Midwestern cities are making a comeback led by ambitious and visionary Black women that are taking real estate development to a new level.

Capitalizing on Inner-City Redevelopment

Gary much like Detroit is experiencing an influx of redevelopment capital for major players and these Black women are taking advantage of this urban renaissance by purchasing buildings on the periphery of the major development that will allow them to take advantage of the rising tide of urban development. There are using a new tool called crowdinvesting which became legal in May of 2016 and allows anyone rich or poor to take advantage of real estate development as an investor with as little a $100 investment.

The Project

The commercial project includes 6,250 square feet of retail space that includes office spaces in the basement.  It is expected to be renovated, operational, and leased by 2019. Francine Anderson and Lakichay Nadirah Co-Founder of More Gold Investors And their goal is to serve their community by providing resources and trainings that result in community revitalization and development which will ultimately lead to a more sustainable and enriched community.

Takeaway

Buy The Block    is the only Black female owner real estate platforms in the United States and it provide the infrastructure for the African-American community to shift some of the $1.3 trillion we have in purchasing power to small Black-owned businesses, inner-city real estate development and tech businesses that lack access to capital to grow and prosper. Buy The Block is open to any sort of project as long as there is a real estate component, whether residential, business or industrial projects. 

Invest in the First Black Woman-Owned Cafe & Farmers Market Franchise That Will Be Owned by the Community

Nationwide — Roots & Vine Produce and Café, spearheaded by Ena Jones, a single mother of 3, born and raised in Chicago, has set its Grand Opening for this fall 2018 on Chicago’s South Side in the Morgan Park Community. The plan is to create a Wi-Fi friendly café with a healthy menu, coffee, smoothies, and juices as well as tempting pastries.

Their in-house farmers market, supplied with fresh produce and bulk dry goods, are grown from black farmers nationwide. The company aspires to be a low cost and cashless grocery chain at the convenience store level to help eliminate food deserts across the country.

With nearly a quarter of the American population living in a food desert, access to fresh and healthy produce is crucial in the battle to reduce diabetes, heart disease, hypertension and other food-related illnesses in our families. Stop by to join in healthy discussions with their #GreenTableTalks, food demos and workshops; as they create jobs and unique franchise opportunities for people of the community.

#GreeTableTalk

Roots & Vine is a solution looking for investors. There is an opportunity to join their mission and invest at BuyTheBlock.com, with as little as $100. You can look at their offering and truly encourage the community, family and friends to live a healthy life. The momentum of Roots & Vine Produce and Café as they sprout up to bring water to food deserts across the country will quickly make the new startup a household name.

This startup is dedicated to addressing the problem of urban food deserts and revitalizing blighted communities. Connecting farmers directly with consumers and employing community residents, Roots & Vine aims to strengthen communities in several ways:

#1 – Offering fresh produce and bulk dry goods at the convenience store level.
#2 – Providing Farmers an economic opportunity to market their products in every store.
#3 – Providing local employment opportunities in serving communities.
#4 – Providing Communal Space in a daily open, free Wi-Fi café.
#5 – The café will offer food demos, workshops, and education on nutrition and meal planning that will enable those of the community to take control of their own health.

About the founder

Ena Jones is a caterer and seasoned entrepreneur with twenty years of experience and counting. She is also a self-published writer & owner of Everyday Butterfly Home Spa Collection, a self-care product line of 100% natural and organic ingredients.

Notes for Editors: Invest in their effort and bring water to the desert, visit their Buy the Block page at https://buytheblock.com/campaign/connecting-farmers-to-people-reconnecting-people-to-real-food

PRESS CONTACT:
Ena Jones
Roots & Vine Produce and Café Inc.
773-979-0199
EJones@RootsAndVineInc.com

Posted on October 6, 2018 By Staff With 0 comments

Digital Marketing and Crowd Investing

Introduction

While at the Crowd Invest Summit in Los Angeles back in September, 2017 the event confirmed what I had suspected for a very long time.  Just like rewards based crowdfunding required a very powerful strategic marketing and PR plan the same would be required in the world of Title III Crowd Investing. Our panel was very lively and the audience was very excited and engaged. You need to have a strategy for putting your capital raise in front of enough people who are willing to invest in you so that you reach your goal, otherwise the whole process is a waste of time. And with only a few exceptions, the equity crowdfunding platforms don’t offer a lot of support for campaign marketing. And that can be really frustrating.

Facebook Ads

An effective Facebook ad campaign allows a company to effectively target likely investors based on Facebook users’ location, demographics and interests. Facebook is truly 21st century digital marketing. Facebook is the number one platform in social media marketing where you can target a customized audience, so you are able to reduce blasting out a message to who-knows-where and to whom. Facebook Ads reduce the waste of advertising dollars. Facebook is like picking up the phone and selling directly to someone. During your pre-launch you can create an ad and test multiple audiences. Whichever, one converts the best and is most engaged that is the audience that you should target for building your email list. Facebook Ads provide awesome targeting and analytic data along with the ability to create lookalike audiences and re-targeting.

Twitter Ads

Use Twitter ads if you have a Twitter handle, you have a great marketing tool for your product. Companies use Twitter to expand their community. Though this is a fast moving source, it can get you a lot of exposure. Twitter is also a great tool for influencer/blogger outreach. Twitter also provide a great platform for digital PR by reaching out to journalist and building relationships. Twitter a is great platform for building relationships with your many audiences.  

LinkedIn Ads

LinkedIn ads work best in a B2B context and can be used to drive people to a lead generation page for the right crowdfunding offerings.  Precise targeting of LinkedIn members with investment expertise in their member profiles, plus targeting to members of LinkedIn Groups for venture capital and private equity, helped Spotlight Ads and Sponsored Updates reach investors.

Search Engine Marketing

The most basic form of SEM involves paying for certain search terms and having Google drive traffic to your crowdfunding campaign based on what you paid for. With SEM, we know somebody is a potential investor based on their search terms, so you are directly reaching out to people who have already identified themselves as someone looking to make a purchase or an investment.

Email Marketing

Email marketing may not be as sexy as newer marketing tactics such as social media and video, but it can still be a huge factor in driving a successful equity crowdfunding offering. There are plenty of digital platforms available to deliver your message, but email marketing continues to offer one of the best opportunities to build relationships and drive sales. Early momentum is crucial in any crowdfunding campaign, and building your email list to engage people in what you are doing before asking them to invest or contribute will put you at a huge advantage on launch day.

Takeaway

Digital marketing is an essential part of every equity crowd investing offering, just as it has been for rewards-based crowdfunding. Working with the right professionals with the correct strategy and knowing who to target is the key to success. Digital marketing is a process that takes time. Most say it takes a potential investor seeing an average of five ads before they make a decision to invest. Converting digital advertising is a process, so start early in the crowdfunding campaign.

Please visit the Buy The Block website to sign up for this historical opportunity to be become a BlockVestor or Block Developer and own your piece of your community @ http://bit.ly/2zbAmzv  

The Black Panther Movie and Black Crowd Investing

Introduction 

Two months before the premiere of the Marvel’s Black Panther I was invited to take part in a premiere event that was sure to please. I was excited to meet the many Black business owners and professionals in the Louisville area that were going to participate on this project. It seemed that everyone was a buzz about the opening of the first Marvel movie that featured a Black director, predominantly Black cast, and a $200 million budget. To date the movie has lived up to all of the hype. The movie has been a box office smash with receipts in excess of $400 million already.

Crowdfunding for a Cause 

I came across an article by Adrienne Gibbs that brought a smile to my face as a crowdinvesting consultant. The Title of the article was Why Is ‘Black Panther’ Selling Out? Activists, Churches, Schools Buy Thousands Of Tickets. The article describes the in vivid detail how the Black community was willing and able to rally around a cause both politically and economically to achieve a goal. We showed the world, but most importantly our community, the economic power that our community wields in America and globally.

The Crowd Economy In Black America

The article chronicles how the movement began with a single #Hashtag from Harlem with the #BlackPantherChallenge, Frederick Joseph started a GoFundMe page to take some neighborhood kids to the movie. As I read on my heart began to pump faster and harder as I imagined the day in the Black community when we will #InvestBlack, #BuyBlack, #BankBlack and build #BlackWealth.  My hope is that the example of “Black Panther”would start a Black economic movement that would lead our community to commit billions of dollars to Buy the Block a black owned real estate crowdinvesting platform.

Seeing the Future of Black Crowdinvesting 

I thought of the day when business owners and other high net worth Black people would pool their capital into impact investment funds and invest a portion of their portfolios alongside non-accredited community investors to renovate urban commercial corridors and bring back the dense urban live-work-shop-play spaces, not seen since a time before urban renewal destroyed these economic community anchors. Crowd investing and impact investment can create communities where we #InvestBlack which then makes #BuyBlack make sense because there is the economic benefit in building #BlackWealth through entrepreneurship and real estate development.

My goal is that the next time a big-budget movie featuring a Black director and Black cast premieres it will come from majority Black-owned studio that was financed by crowdinvesting and is staffed by Black people that are trying to make their mark in Atlanta the Black Hollywood. The theaters that we buyout for the next premiere will be Black owned and in the urban core in our communities, so that we are employing people from the community.

Takeaway 

According to the article “Black Panther” is a game changer when it comes to imagery and modernity. Also, Black Panther ups the ante because many of the behind the scenes people are Black, as are the leading actors.  The political and economic impact of this one major studio blockbuster film “Black Panther” has had on the Black community across the country is immense.

Let’s make“Black Panther” the driver of a new movement to #InvestBlack with Buy the Block  #BuyBlack where you invested your dollars and build #BlackWealth. We now have a model that provides proof of concept for the power of a united community economic effort using crowdfunding. We have a Black owned crowdinvesting platform so instead of using GoFundMe campaigns to raise charity funds let’s take the #BuyTheBlockChallenge to invest in our communities and be the change we want to see!

Black People and the Crowd Economy

Introduction

I read Antonio Moore’s article Black Wealth Hardly Exists, Even When You Include NBA, NFL And Rap Stars and found it to be spot-on in its analysis of the current situation of the average Black family and their lack of wealth the dearth of Black home ownership and a true path forward. One of the first things that struck me in his article was the fact the so many Black celebrities fame and wealth are talked about in the news and on social media, but only upon in-depth research are you able to find the reality of Black social and economic daily life. I think about the Black people that I know are on the front line of this battle for economic empowerment and the pursuit of the American dream of home ownership.

As I read the data that is out there about the poor and declining state of Black American and the inner-cities. As I live in one of those neighborhoods on a daily basis that lacks access to fresh healthy food options, pharmacy’s, and desirable retail option. Home ownership is dismally low, crime is high and educational attainment is relatively low. These dark and gloomy social realities at their root stem from poverty, which is a of wealth. I have written in the past about how redlining and other discriminatory local, state, and federal government policies have retarded the development of Black wealth and how it will take decades to right these social and economic wrongs. But we have to live today and take care of our families. So we need to build strategies in flight to turn this tide on the bleak realities of Black wealth in 2018.

Black Impact Investing

I think of another writer that is deeply engaged in the fight for the growth and development of Black wealth and that is Dr. Michael Isimbabi author of the seminal book Pooling Our Resources to Foster Black Progress: An Entrepreneurship and Impact Investing Framework that outlines things we, as a community can do to pool our immense financial resources to organically build our communities and inter-generational Black wealth through entrepreneurship and impact investing. One of the areas of overlap I find between Mr. Moore and Dr. Isimbabi is the desire to tap the high net worth celebrities to have them pool their wealth in the form of impact investment funds that would provide professional management, diversity, and focused investment objective on Black business creation and real estate investment.

Buy The Block

Lynn P. the Black female serial entrepreneur that raised over $110,000 to build out the first Black owned real estate crowdfunding platform Buy The Block that provides a super low entry fee of $100 that lowers the barrier of entry for many of the people in the Black community to make their first foray into the world of real estate investing. This Serial Entrepreneur founded Buy the Block in a tool shed in Cincinnati in 2013. The company allowed her to couple her two passions, real estate investing and teaching others the art and science of real estate investment,  into a seamless online crowd investing experience for the Black community. Buy the Block has solved two of the major issues of the Black community.

The first is access to capital for businesses and real estate development and the second is an investment platform with a low barrier to entry to facilitate the building of community equity and Black wealth at the same time. Buy The Block now serves investors and developers all over the US and is thrilled to be a part of the global crowd investing and alternative finance industry.By bringing investors together with entrepreneurs, we are not just building stronger communities; we are building wealthier communities. In that wealth lies the only real independence.

Black people in the United States have a combined purchasing power of $1.3 trillion which would make us the 13th largest economy in the world, yet our wealth is encroaching zero as our income and education attainment continue to rise. We must as a community embrace the crowd economy pool our immense financial resources through impact investing, crowd investing, and entrepreneurship to create companies and build inter-generational wealth. Please Mr. Moore, and Dr. Isimbabi. Visit  Buy The Block  today and Join the Movement.  

Redlining: The Genesis of the “Hood”

Introduction to Redlining

Redlining, is an unethical and discriminatory practice that was committed by banks and other financial service providers (e.g., mortgage companies and insurance companies). These businesses either make it impossible or nearly impossible for people living in low-income neighborhoods in the ‘inner city’ to obtain a home loan, mortgage or other financial product because of a “perceived” high default rate in the neighborhood. The practice is called ‘redlining’ because in the past some of these financial institutions would literally draw a red line on a map demarcating neighborhoods where they would not provide services.

The History of Redlining

This discriminatory policy that continues to impact inner-cities was started in 1933, to relieve housing shortage the United States faced with after the “Great Depression.” The federal government began a program explicitly designed to increase — and segregate — America’s housing stock. The housing programs begun under the New Deal that was commensurate with to a “state-sponsored system of segregation.” There are far reaching social and economic consequences that resulted from this form of government sponsored segregation.

The Impact of Redlining on America

Redlining had the effect of artificially depressing the housing prices in “inner-city” and artificially increasing the prices of homes in the suburban areas of cities. The government for all intents financed the creation of white suburban middle-class families and sealed the fate of African-American families to live in inner-city neighborhoods that were denied accesses to mortgages, insurances. The Federal Housing Administration, which was established in 1934 and the Veterans Administration followed suite, which furthered the segregation efforts by refusing to insure mortgages in and near African-American neighborhoods.     

These decades-old housing policies have had a lasting impact on American society. The segregation of our metropolitan areas today  has lead to stagnant inequality, because families are much less able to be upwardly mobile when they’re living in segregated neighborhoods where opportunity is absent. If we want greater equality in this society, if we want a lowering of the hostility between police and young African-American men, we need to take steps to desegregate these neighborhoods, but this process correction will take decades to right these wrongs committed by government and private industry.   

Decreased African-American Home Ownership

In 2017 African-American home ownership has dipped to its lowest level since the signing of fair housing legislation was passed in 1968 during the Civil Rights era. African-American incomes on average are about 60 percent of average white incomes. But African-American wealth is about 5 percent of white wealth. Most middle-class families in this country gain their wealth from the equity they have in their homes. So this enormous difference between a 60 percent income ratio and a 5 percent wealth ratio is almost entirely attributable to federal housing policy implemented through the 20th century.

Decades of  Disintegration

African-American families that were prohibited from buying homes in the suburbs in the 1940s and ’50s and even into the 1960s, by the Federal Housing Administration, and gained none of the equity appreciation that whites gained by discriminatory  policies implemented by both local, state, and federal government and the financial services industries that continue to rake in record profits as the President brags about the astronomical rise of the stock market. The capital appreciation of these government subsidized suburban single family developments created massive amounts of wealth that allowed low-income and middle class whites to provide down payments for their children’s first home, pay for college, and help them gain access to the startup capital for the creation of businesses.  

Takeaway

To correct the massive negative social and economic impact of Redlining on the African-American community local, state, and the federal government and the financial services industry should create an impact investment fund that would run capital parallel to real estate crowd investment platforms that invest residential and commercial real estate developments in inner-city communities. This is not a request for a grant or a handout, but the creation of an impact investment fund that rights the decades of Redlining and it resulting social and economic chain reaction that has led to poor education, unemployment, food and retail deserts, mass incineration and many of the ills that specifically impact African-American communities today.    

Marketing A Crowd Investing Campaign

Introduction

I remember my first introduction to crowdfunding when someone told me that if you shot a really cool video on this platform called Kickstarter that people would send money to fund your business. This statement has some level of truth, but not nearly enough to raise any funds. Crowd investing seems to follow the one simple rule of crowdfunding that I learned many years ago. “If you don’t build and excited and engaged crowd of investors, you won’t get the funding.”

Building an excited and engaged crowd will require unique messaging that will engage investors at the emotional level and then resonate with them enough to elicit an emotional response. Remember in today’s online world that moves at the speed of internet grabbing information is like taking a drink out of a fire hydrant, your campaign must quickly establish a unique brand voice that can cut through all of the fast paced noise and connect at an emotional level. Once this unique messaging voice is found your campaign will achieve its two major objectives increasing brand awareness and raising the capital for the campaign. If the emotional connection is not made the campaign may be dead on arrival.

Understand Your Target Audience

Like any other marketing endeavor you must do your research to garner an in-depth understanding of these two vital questions: Who is your audience? What are their needs or reasons to support you? A deep researched back answer to these two questions are the initial steps to creating the emotional connection spoken of earlier. The in-depth understanding of your potential supporters and catering to their needs, both with a quality product and impact storytelling will begin the journey to a successful capital raise.

Building this mystic emotional connection happens when you understand your audience, many time entrepreneurs, are not skilled at this, but must get it done to move their audience. You must have messaging that will have weight and depth. The message must provide something your audience can believe in, and build the level of emotional connection that inspires them to action.  

It’s in the Message

Your branded message must be unique, it must stand out from every other piece of content that is streaming out of the fire hydrant of the internet spewing tons of noise that mostly means nothing and is going nowhere fast. So what does this messaging look like and how do we get to this unique messaging that will resonate at the emotional level of our target audience? I always ask the question when trying to generate a unique message the will resonate:

  • Why is my product different than the competition?
  • How does it answer a need or desire for their lifestyle?
  • Is it user friendly?
  • What value does it provide to the end user to improve their life?

Providing high-quality images and videos that allow your target audience to visualize themselves as a satisfied customer. Providing them as deep of an understanding the product brings customer of always of value and provides  a visual emotional connection. A picture paints a thousand words.

A Simple Concise Message

Keep your message simple. Never overwhelming audiences with too much information! Remember the goal is to create a unique and emotionally engaging message. The more concise that message the better. If that concise messaging is in the from a cool hook even better your audience will repeat a catchy hook until it become a part of them. Try to create a simple, distilled description of your product always remember there are lots of other competing products, so you need to keep it very, very simple.

Remember as your target audience move further down the investment funnel you will add more in-depth information. Next, you must align your unique brand messaging with where your target audience is located You want to be careful and deliberate about picking your alignment, from the platform you choose, to the way you approach it, to the methods you use always building your email list. The email address invites you into their life like nothing else.  

Build a Powerful Online Brand

When building your online brand remember to begin this process long before you get to your platform of choice or you have failed before you have started the process. You will need to build a clear brand and associated message for your campaign early. A strong brand clearly and succinctly expresses what your company is all about. Strong brands cut through the noise to grab the audience and immediately shed light on the character of the product. Once hooked, the audience will naturally gravitate toward learning more. It’s not enough to have an idea in a huge market. The key to what gets funded is how you connect this market to the idea that satisfies it.

Takeaway

The equity crowdfunding industry is changing fast, so being able to pivot and adapt as the marketplace shifts is imperative. Remember Equity crowdfunding was meant to spur innovation and growth, while providing Main Street investors with a means to access high growth companies. It is certainly not an untapped source where everyday web users are patiently waiting to visit an online investment opportunity. Be prepared, be proactive, and remain top of mind, and maybe the idea hatched in your own home will one day be listed on a major U.S. stock exchange.

Please visit the Buy The Block website to sign up for this historical opportunity to be become a BlockVestor or Block Developer and own your piece of your community @ http://bit.ly/2zbAmzv  

Why Buy The Block

Introduction

While growth slowed somewhat in 2016 the 40% figure is still robust, and the US accounted for a large share of the $1 billion of overall industry growth this year. In 2015, the $1.5 billion in volume for US real estate crowdfunding represented only 0.3% of total real estate finance transactions in the US, indicating that the sub-industry still has enormous room to grow, even while remaining modest as a share of overall commercial real estate activity in the economy.

Crowdfunding and Wealth

Over the last few years crowdfunding platforms have specialized and molded themselves around particular niches within the space, focusing the profile of their deals. One of the main determinants in the absence of wealth in the Black community has been a systematic negative relationship between our community and the policies of the majority community that have historically maintained the Black labor resulting in White wealth dynamic. Redlining was a common Federal practice that impedes the development of Black wealth to this day. Why is wealth important?  

What is Wealth

Wealth is a crucially important measure of economic health. Wealth allows families to transfer income earned in the past to meet spending demands in the future, such as by building up savings to finance a child’s college education. Wealth also provides a buffer of economic security against periods of unemployment, or risk-taking, like starting a business. Wealth is needed to finance a comfortable retirement or provide an inheritance to children.  In order to construct wealth, a number of building blocks are required. Steady well-paid employment during one’s working life is important, as it allows for a decent standard of living plus the ability to save. Also, access to well-functioning financial markets that provide a healthy rate of return on savings without undue risks is crucial.

The Value of Wealth

Wealth is a vital component  to understand the many of the racial inequalities that exist in the United States. Wealth taps not only contemporary resources, but also material assets that have historic origins and future implications. Private wealth captures inequality that is the product of the past, and often passed down from generation to generation. Viewing racial inequality through the lens of wealth revolutionizes the concept of the nature and magnitude of inequality, and of whether it is decreasing or increasing.

The History of Wealth

The focus on wealth sheds light on both the historical and the contemporary impacts not only of class but also of race. Income is an important indicator of racial inequality; wealth allows an examination of racial stratification. The wealth perspective contends that continued neglect of wealth as a dimension of racial stratification will result in a seriously underestimated racial inequality. Tragically, policies based solely on narrow differences in labor-market factors will fail to close that breach. Taken together, however, asset-building and labor-market approaches open new windows of opportunity.

Takeaway

Buy the Block provides the real estate/technology basis for the Black community to begin the process of pooling our funds and using cooperative economics to build our communities through real estate development, business and job creation, and as investors and consumers of the very businesses that we create. There will be a real incentive for “Buy Black” and “Support Black Business” campaigns and that will be financial in either an interest payment or equity payout. Buy the Block provides the mechanism for our entire community to begin to create Black Wealth.

Please visit the Buy The Block website to sign up for this historical opportunity to be become a BlockVestor or Block Developer and own your piece of your community @ http://bit.ly/2zbAmzv  

The JOBS Act and Underserved Communities

Introduction

Following the housing crash of 2007 — as regulations were introduced and credit tightened — emerging companies were left with little or no access to the capital markets. In an effort to alleviate the credit crunch, Congress drew up the Jumpstart Our Business Startups Act (JOBS Act for short), broadening the scope of who can invest in startups. While the legislation was conceived with startup businesses in mind, interested parties quickly realized that the new rules could extend to real estate equity investments, allowing real estate companies to essentially market shares of projects to individual investors — a method of raising capital that had been legally precluded since the Securities Act of 1933.

Real Estate’s Use of Crowdfunding

Real estate companies are able to broaden the reach of their investor network through this new paradigm, individual investors also gain access to a realm of real estate projects that were previously available almost exclusively to very wealthy individuals and institutional players, lowering the barrier to entry and allowing many investors to participate in commercial real estate investing for the first time.  This value was evident enough to encourage the creation of Buy The Block a f hybrid real estate/tech company to enter this new and vastly untapped wealth and community building space for inner-city communities that have been systematically excluded from investing in commercial or residential real estate projects as a syndicate.

Buy The Block

Providing a platform that allows multiple investors to in multiple project throughout the country both in business creation and real estate development. This new investment technique will provide the needed access to capital for budding social entrepreneurs and experienced small business owners to provide many of the needed services that many of these under served communities have been starved of for many years and it develops these businesses in close proximity to the people that require the products and services. These new business owners now have the ability to raise capital directly from the people that will become the consumers of their goods and services. These consumers will have the unique ability to become a funder as well as investors in these community based retail projects. This is a very important concept in the “Buy Black” movements that have sprung up in many of the major markets that have large Black populations.

Financial Incentive

Today these “Buy Black” mantras don’t ring hollow in the ears of consumers looking for the best value for their dollars. By becoming the actual investors in these projects they now how financial interest in in Buying Black. The more profit these business do the higher their potential benefit will be. There is also a double bottom-line and a large part of the return on investment will be community equity of an improved shopping experience in their own communities, the growth in employment opportunities for community residents.

Please visit the Buy The Block website to sign up for this historical opportunity to be become a BlockVestor or Block Developer and own your piece of your community @ http://bit.ly/2zbAmzv  

The Power of Home Ownership

Introduction

A decade after the housing crash destroyed the American Dream for millions of homeowners, black homeownership rates have dropped to levels not seen since the 1960s, hobbling African-Americans’ efforts to build their wealth Nationally, only 42.2 percent of blacks owned homes in 2016, compared with 71.9 percent of whites, according to a new report by Harvard University‘s Joint Center for Housing Studies.

The Power of Home Ownership

Home ownership is a way for people to generate stability and wealth and not just go to work everyday work and make someone else wealthy by renting.  Home ownership can change the trajectory and direction of neighborhoods. As the individual wealth of community members increases the pride and community equity will increase.   Without homes, blacks lack a powerful source of wealth creation. Homeowners generally build equity that allows them to eventually buy other homes or businesses and send children to college. Homes also are passed to younger generations upon death, allowing future generations to build wealth.

The Black Community is Losing Ground

After decades of making gains, the most recent nationwide African-American home ownership rate was the lowest it’s been since the Fair Housing Act of 1968 began tackling discriminatory housing practices. Historically, home ownership has been 28.4 percent higher among whites than blacks, but the racial gap in home ownership is now the largest since data became available in 1940. Prospects for black home ownership have gone from hopeful to pessimistic in only 15 years. Harvard researchers attribute much of the plunge in African-American home ownership to predatory lending practices that saddled buyers in poor minority neighborhoods with more debt than they could afford.

The Great Recession and The Black Community

As a result of “The Great Recession” and predatory lending practices that targeted Black and Hispanic communities these inner-city communities were hit especially hard by the housing crash and the foreclosures that ensued. The disproportionate foreclosure rates in Black communities resulted in increased credit scores damage by foreclosures and the short sales kept people from bargain-hunting in the wake of the housing crash. Prices were low, but even people with good credit struggled to get mortgages as lenders focused on borrowers with great credit. So as home buying has picked up among whites, Asians and Hispanics since the crash, African-American ownership has fallen, according to the Harvard research.

Rent Is Slavery

High rents also are keeping some from home ownership. As demand for rental housing has climbed, rents have surged the last few years, making it hard for many to pool enough funds for a down payment. Rent is slavery that prevents us as a community from building wealth and results in wealth building for someone else. Renting has moved our community to a place where a large number of our community members are paying more than 30 percent of their income for rent, which results in a deficiency in other area of our lives.These high rents keeps on the treadmill that will never allow us to build wealth for ourselves and our future generations.  

Takeaway

When empty foreclosed properties are fixed up and inhabited again, the values of surrounding homes rise. Without the rehab projects, the abandoned properties can “become nuisances in the community that bring unintended consequences,” such as crime, reduced home prices, and low levels of community equity. Buy The Block has create a crowd investment platform that allows us to pool our money together and buy, rehab, and sell properties as a community. The power of the Buy the Block program is that as a community we are able to increase home ownership, create employment for contractors and their workforce, and provide renovated housing stock in our community while allowing members of the community invest and build wealth.

Please visit the Buy The Block website to sign up for this historical opportunity to be become a BlockVestor or Block Developer and own your piece of your community @ http://bit.ly/2zbAmzv    

The Crisis in Black Home Ownership

Introduction

The national home ownership rate fell to 63.4% in 2016—the lowest yearly average in 50 years, according to the business data firm CoreLogic. And there may not be a rebound anytime soon. But the largest factor holding down the home ownership rate could be racial inequality. The rate among white Americans is more than 30 percentage points higher than among black Americans, according to Trulia, a real estate site. One recent study found that 72% of all household growth from 2015 to 2025 will be from groups other than non-Hispanic whites. So if these groups face hurdles to buying homes, it could harm the overall growth of the market.

Historic Housing Policy

For decades institutional racism has harmed minority borrowers ability to own an affordable home. An analysis by the The Wall Street Journal found that only 5% of mortgages were offered to African Americans in 2014, down three percentage points from seven years earlier. Hispanics were offered 9% of mortgages in 2014, down two points compared to 2007. Meanwhile white Americans saw their percentage rise by five points during that span.

The legacy of discriminatory housing laws, like the National Housing Act of 1934, which “redlined” predominantly black neighborhoods and shut out minorities from bank loans, continues to have lasting damage as well. African Americans and Latinos suffer from residential segregation, resulting in less value for their homes. If there were no racial disparity in homeownership rates, the overall gap in wealth between black and white American households would decline by nearly a third, according to a recent study from left-leaning public policy group Demos.

Black Home ownership Gains Erased

The Black community got hit harder by the housing crisis than other groups. In general, African Americans bought homes at the peak of the bubble at higher rates than whites and were often offered costly subprime loans, even when they qualified for prime loans with lower interest rates. Also, black families did not benefit as much as white families, overall, from the post 9/11 recovery.

According to Nextavenue homeownership has historically been the best way to build wealth by far. The average wealth of homeowners versus renters. The average wealth for black Americans who are homeowners is $90,000, with $50,000 of that in home equity. The average wealth for black Americans who are renters is $2,000.”

Future Impact

Home ownership declines have affected African Americans of all ages, but among the most alarming are the trends for African American Gen X’ers and Millennials, according to the Urban Institute. The home ownership rate for blacks aged 35 to 44 fell from 45% in 1990 to 33% in 2015, half the rate of whites in the same age group. If  these trends continue, people born from 1965 to 1975 [now age 42 to 52] will likely to be the first generation from the 20th century that reaches retirement age with more renters than homeowners.

Takeaway

Action must be taken quickly in the private real estate  market to reverse these trends or our community will find itself in deeply immersed in a form of economic serfdom. Home ownership builds wealth and wealth is a cushion against economic instability. But the problem is deep-rooted and there is no easy solution.

Buy The Block allows investors make debt or equity investments in opportunities that were historically difficult to access. Thanks to the Regulation Crowdfunding rules promulgated by the SEC under the JOBs Act, Buy the Block can create a community revolving around its web-based investment platform geared towards making investing in real estate easier for more investors. It presents an opportunity to invest with other connected investors, and provides the added benefit of giving each investor individual ownership in the “block.”

Please visit the Buy The Block website to sign up for this historical opportunity to be become a BlockVestor or Block Developer and own your piece of your community @ http://bit.ly/2zbAmzv

Locavesting For Urban Community Development

A revolution in early stage finance is changing the way inner-city African-American communities relate to capital formation, real estate development, entrepreneurship, and job creation. Thanks to the passage of the JOBS Act of 2012, a new market is being born that will revolutionize how early stage investing and community economic development works — It’s called Crowd Investing.

Bill Huston

To this end, I personally believe that equity crowdfunding is the most significant piece of financial based legislation for African Americans since the Emancipation Proclamation 1863 emancipation of the Southern slaves.

Rodney Sampson

“If African-Americans shifted just 1% of the $1.3 trillion they have in purchasing power to small Black-owned businesses and real estate development it would amount to $10 billion invested in Black Communities.  

 

That’s not a game-changer. That’s a revolution!

 

Shifting Dollars  from Consumerism to Local Crowdinvesting

May 16th 2016 the  SEC Rulings on crowdfunding intermediaries went into effect and today ordinary Americans are able to collaborate en masses to give small individual amounts of funding to startups, small businesses, and real estate developments online through crowd investing, and become shareholders in the process.

The Power of CrowdInvesting

When people understand the power of local crowd investing and begin to pull from their bank savings, mutual fund accounts and begin investing 1 percent of their disposable income  in order to put their money to work in their own communities. Crowdinvesting will have the power to change how African-Americans from all income levels make decisions about where to put their money and how to spend that money.

Buy The Block

Crowdinvesting isn’t a new way of investing, but as we transform the way we see ourselves as participants and investors in companies as well as customers there will be a paradigm shift.  Crowdinvesting will make investors into local companies a shareholder and brad advocate leading to the the birth of a new locally driven capital market that brings new access to capital for inner-city community entrepreneurs. To help shape and guide this new investment market, crowdinvesting platforms like Buy The Block  are working hard to help ordinary African-Americans understand the power they wield as crowd investors and how they can participate in this social and financial revolution.

From Consumer to Investor

Crowdinvesting will usher in a radical transformation forever redefining what it means to African-Americans to be a crowd investor in America by bringing local crowdinvesting into the homes of inner-city community members in the Internet Age. If African-Americans embrace the power of crowdinvesting then the most socially transformative part of crowdfunding will come from the power of local or community-based investing.

The Case for Local Businesses

There is overwhelming amounts of recent research from prominent economists, sociologists, and other researchers that find that small, local businesses are critical to overcoming many of our biggest challenges, from reducing economic inequality to building resilient communities. According to the Kauffman Foundation new businesses account for nearly all net new job creation and almost 20 percent of gross job creation.  

Takeaway

According to Local Investing fostering an economy of small-scale businesses may be one of the most effective ways to close the gap between rich and poor. Civic leaders are increasingly grappling with income inequality, and creating policies to foster an economy that’s based on local ownership and community-scaled businesses may be one of the most effective ways to do it. That’s the implication of new research that identifies links between corporate consolidation and the widening gap between the rich and poor.

Black Female Serial Entrepreneur Tackles Commercial Real Estate

Introduction

Linda P. Smith is a serial entrepreneur that founded my first company at 28, with the help of family and friends. In 2010, she established BBE to pay it forward by providing education and funding for businesses. With Buy the Block, she has created the first Black-owned real estate crowdinvesting platform enabling the Black community to pool their immense $1.3 Trillion in purchasing power to come together to make real estate and business development investments.  

What is Crowdinvesting

Traditional real estate investments require a significant financial commitment. Buy the Block is reducing the barriers to entry to as low as $100 which opens direct real estate investment to the vast majority of people in the Black Community. Crowdinvesting became a reality when then President Obama signed the bipartisan JOBS Act of 2012, and May 16th, 2016 Title III of the JOBS Act became legal and opened up direct real estate investment to all Americans. This opened the floodgates to hundreds of millions of new investors.   

Buy The Block

Serial Entrepreneur Lynn P founded Buy the Block in a tool shed in Cincinnati in 2013. The company allowed her to couple her two passions, real estate investing and teaching others the art and science of real estate investment,  into a seamless online crowdinvesting experience for the Black community. Buy the Block has solved two of the major issues of the Black community. The first is access to capital for businesses and real estate development and the second is an investment platform with a low barrier to entry to facilitate the building of community equity and Black wealth at the same time. Buy The Block now serves investors and developers all over the US, and is thrilled to be a part of the global crowdinvesting and alternative finance industry.By bringing investors together with entrepreneurs, we are not just building stronger communities; we are building wealthier communities. In that wealth lies the only real independence.

The Commercial Real Estate Development Industry

Buy the Block’s latest foray into the commercial real estate industry that lacks diversity in the C-Suite. According to a report from the Commercial Real Estate Development Association, a national organization founded almost 50 years ago and that has more than 18,000 members, used Equal Employment Opportunity Commission data and found that more than three-quarters of senior commercial real estate executive positions nationwide were held by white men. Hispanic, Asian, black and other women — hold less than 1 percent of the CRE senior executive jobs nationwide, according to the report. Buy the Block building on its success in the residential real estate development has made its first incursion into this, White male dominated field of commercial real estate development, by leading investors in  purchasing a 24,500 square foot retail structure with tremendous potential for neighborhood retail, office space, and residential space in the downtown area of a major Midwestern city.  

Join The Movement

Buy The Block can manage any project from concept to end, and they aim to develop a large number of construction projects, in areas such as; residential, manufacturing, retail, multi-family, medical, religious, and pre-engineered building construction.

Takeaway

With the focus on the Black communities in America, Buy The Block is on track to raise hundreds of millions of dollars in funding for development projects in these communities. Having the capacity to take on more significant projects and contracts, they project that they will soon change the face of crowdinvesting real estate investing in the country. Join the movement by investing with your peers on the Buy The Block crowdinvesting platform that is breaking ground and barriers in the residential and commercial real estate industry. Visit BuyTheBlock.com and make your investment first investment today with your peers and Buy the Block.   

The Benefits of Crowdinvesting

Raise capital from your customers, so now your customers are owners!

Crowdinvesting is a way to connect with the people. It provides a platform predicated on neighborhood and community among residents, business owners and real estate developers. By allowing customers and community residents to invest in a companies and developments focused on bettering their lived experiences, entrepreneurs and real estate developers are providing opportunity for residents to literally take ownership of their futures. This is a win-win situation and an immense benefit of crowdinvesting.  

Crowdinvesting provides a new opportunity!

Professors, politicians, and community activist have touted the value of black people taking  all the money we spend on clothes, shoes, and hair, and put it into investing or starting a business. Well, it would be impossible to take all of our money and invest it businesses or real estate, but we can set aside a portion of our dollars to invest in the people that desire to start a business or develop real estate and that have the required temperament and skills to be an entrepreneur or real estate developer and invest in them. Crowdinvesting provides investment opportunities that have never in our history in America existed!  

Crowdinvesting is the answer to raising capital and marketing your business!

The U.S. rate of entrepreneurship has declined over the past 30 years, entrepreneurial activity in the African American community has increased. The problem is access to capital. Black entrepreneurs start businesses, but—often—do not have access to the capital necessary to market and grow those businesses over time. Data from the 2015 Survey of Business Owners shows that the number of businesses majority-owned by Black women grew 67 percent between 2007 and 2012, compared to 27 percent for all women and 13 percent for White women. Nielsen quantifies that growth at 1.5 million Black woman majority-owned businesses as of 2015. Crowdinvesting provides a platform for these black women to share the risk and reward of entrepreneurship with their community as investors and consumers.

Crowdinvesting Empowers the Black Community

Crowdinvesting has the potential to  unleashing $1.3 trillion in black buying power to fund black businesses and real-estate projects and it is one of the greatest wealth building opportunities ever made available to the African American community. But none of this will come to fruition without us taking action on the opportunities that crowdinvesting have brought to the table in our community.

African Americans have historically been frozen out of wealth building opportunities necessary to build generational wealth. Usually, when wealth building opportunities have been made available, it was only after other communities had access. This makes crowdinvesting singularly unique in African American history. Crowdinvesting allows black investors and entrepreneurs to have access from the beginning and can share in the economic gains made by startups growing and hiring. Black consumers—trendsetters—can use their dollars and influential platform to select which products, services, and solutions get funded from the beginning.

Takeaway

Crowdinvesting is a great opportunity to both support local business and build livable communities. It provides an opportunity for small businesses, the ones that have the hardest time finding funding, to get investments from those likely to patronize them: local residents. It puts business owners in a place to create a different narrative about their business and who they serve, while allowing them to focus their marketing and fundraising effort in a concentrated area, saving time and money.

Goldman Sachs estimates that crowdinvesting has the potential to be a $1.2 trillion industry. For diverse founders, crowdinvesting can be a game changer for companies and real estate developers seeking investment. It’s a wealth-building opportunity for investors previously restricted from investing in startups.

 

Join the Movement!

Regulation CF and Small Business Finance

Small Business Drives Economic Growth

Despite being the strongest drivers of growth in the U.S. economy, small businesses face immense challenges garnering funding from traditional sources like venture capital firms, angel investor groups, or debt financing. 90 percent of small business owners still believe that banks are the first stop for business financing, despite more than a 30-year history of banks decreasing the number of their loans going to small businesses. Since small businesses aren’t the only ones struggling for financing – startups, entertainment projects, musicians, and others face similar challenges – the new (and popular) crowdfunding industry has increasingly filled the funding gap. 

Traditional Lenders Overlook Small Business

New business owners usually aren’t the best candidates for traditional small-business loans from banks or other funding sources, which typically require collateral, years of successful operation and excellent personal credit. Even if funding were approved, new entrepreneurs may not have the resources to begin making loan payments immediately. Rewards-based crowdfunding is an alternative to traditional small-business financing and provides the means to transform promising ideas into a profitable reality — without having to pay back a penny.

The Crowdfunding Model Works Well For Small Business

Small businesses that have a loyal customer base or large following can investigate the newly passed Regulation Crowdfunding. This new form of equity crowdfunding — which is the result of the new Title III of the JOBS Act — allows companies to raise up to $1,000,000 each year, from investors for their businesses, using crowdfunding platforms. You agree to sell stock in your business and can offer those shares to anyone. However, there are limits on what individuals can invest based on their income. The transactions are done through Web-based platforms — which will both help keep you compliant with all of the laws and rules and will also take a commission on the sale of the stock.

Regulation CF is Perfect for Small Businesses

This form of capital raising is especially attractive to “main street” businesses — which may have a great history and engaged customers, but find that banks aren’t willing, or able to lend to them. This model exists in many other countries, and we see local food-based businesses, bars and pubs, art and creative studios and other product based companies taking advantage of these models and raising on average about $700,000.

Crowdfunding Can Be A Catalytic Funding Event

Crowdinvesting can supply needed capital for equipment, growth capital or for strategic hires. In many cases, it becomes the on-ramp to other more traditional models of financing as a catalytic event. Some savvy small business owners have learned to leverage small early-stage investments through crowdinvesting to increase their bargaining power and get more money from venture capitalists or others later. Whether a tool to provide small funds to launch a startup or as an alternative to the high costs of IPOs, these new rules expand the financing options available to startups and small businesses across the USA.

Locavesting, Crowdinvesting, and Recycling Community Dollars

What is Locavesting

Locavesting is a term that I came across in my work as a crowd investing consultant. I will state for the record that my interest in crowdinvesting lean much more toward local real estate development and local business development than towards the tech startups. I believe that underserved communities must consolidate and recycle their wealth through real estate development and local business development that provides job creation and wealth generation in their community first. According to a Locavestor blog post written by Amy  “Small businesses—which by definition are locally owned—create two out of every three jobs in the U.S., employ half the private workforce and generate half of private GDP.” “They create local wealth by keeping money circulating locally—that’s called the local multiplier effect.  They provide the foundation for a healthy and diversified local tax base, and contribute to the health and well being of their communities.”

Access to Capital

Access to capital is the number one issue facing many local business no matter the size or type of business, but in communities of color accessing capital through traditional methods is almost impossible. Even when the owners have the education and experience accessing business capital is highly unlikely. Big banks, which dominate the market, approve just 2 out of 10 small business loan requests. The odds are worse for women and minority-owned firms: Just $1 out of every $23 in small business bank loans goes to women-owned businesses, for example, even though they represent 30% of all small firms. In the equity space, less that 1% of all businesses receive venture capital funding—and most of that is invested in just three states.

The Convergence of Locavesting and CrowdInvesting

When we look into the investment portfolios of most individual investors we will find stocks and bonds of large multinational companies that very often send jobs and profits overseas. The new retail investor class that crowdinvesting creates is very cash rich and rarely finds itself being invested in local businesses that as stated above are the economic drivers of communities. How do we change that dynamic? How do we channel more capital to productive use—to the small businesses that create jobs, spur innovation and build strong local economies? Well, crowdinvesting is the vehicle that will be able to transfer this capital to small local businesses and real estate development.

Takeaway

There is latent potential capital that is being only as consumer dollars that are leaving the community within six hours of being earned. The vast majority of that money is not being saved or invested only spent as quickly as it is be earned. One solution is the junction between crowdinvesting and locavesting where community members are willing to invest as little as $100 in local businesses and real estate development. Then be customers and brand advocates for the businesses that you have invested in and have a financial interest in being successful. Crowdinvesting and locavesting provide a platform to increase the viability of community based business enterprises. The successful business owners can organize themselves into the next generation of investors and developers as a local investment group.  

Crowd Investing and Inner-City Transformation

Black Wall Street

Black Wall Street is a story that is often told in the politically and economically progressive circles of African-American communities. In the early 1900’s the oil boom provided African-Americans like other Americans the hope and promise of economic prosperity. But segregation an American reality which had very little to do with region and was quite simply an entrenched American policy and fact caused many of the black migrants to settle in the northern end of town under the strict lash of residential segregation.

The African-American community again demonstrating an strength and resilience not their own began to build in the face of stark and sometime brutal government and nongovernmental social, political, and economic oppression. The black entrepreneurial spirit again raised it head and these leaders began to take advantage of the entrepreneurial opportunities that strict segregation provide them.  They created an impressive business ecosystem “that included banks, hotels, cafes, clothiers, movie theaters, and contemporary homes.  Greenwood residents enjoyed many luxuries that their White neighbors did not, including indoor plumbing and a remarkable school system that superiorly educated Black children.”

This community was destroy by pure evil intent in the form of racial terrorism, but most black economically prosperous business centers were not destroyed by mob violence, but by government policies that drove private business decision making using urban renewal and redlining policies to systematically build wealth for working and middle class whites and to deny and starve black working and middle class residents of capital. 


Understanding Redlining

In 1933, faced with a housing shortage, the federal government began a program explicitly designed to increase — and segregate — America’s housing stock. Author Richard Rothstein says the housing programs begun under the New Deal were tantamount to a “state-sponsored system of segregation.” The government’s efforts were “primarily designed to provide housing to white, middle-class, lower-middle-class families,” he says. African-Americans and other people of color were left out of the new suburban communities — and pushed instead into urban housing projects.

The term “redlining”comes from the development by the New Deal, by the federal government of maps of every metropolitan area in the country. And those maps were color-coded by first the Home Owners Loan Corp. and then the Federal Housing Administration and then adopted by the Veterans Administration, and these color codes were designed to indicate where it was safe to insure mortgages. And anywhere where African-Americans lived, anywhere where African-Americans lived nearby were colored red to indicate to appraisers that these neighborhoods were too risky to insure mortgages.

The Current Impact of Redlining

Today African-American incomes on average are about 60 percent of average white incomes. But African-American wealth is about 5 percent of white wealth. Most middle-class families in this country gain their wealth from the equity they have in their homes. So this enormous difference between a 60 percent income ratio and a 5 percent wealth ratio is almost entirely attributable to federal housing policy redlining implemented through the 20th century.

In 1968 the Fair Housing Act was passed that allowed African-Americans to effectively purchase homes anywhere in the United States, but this law was an empty promise the damage had been done. Those homes are no longer affordable to the families that could’ve afforded them when whites were buying into those suburbs and gaining the equity and the wealth that followed from the government sponsored policy of Redlining.

The Promise of Crowd Investing Via Buy the Block

Lynn P. is a black female serial entrepreneur that used the first black owned crowdfunding platform, which she founded, to raise over $110,000 to build the first and only black and female headed real estate crowdinvesting platform — Buy the Block. Buy the Block offers an extremely low entry fee of $100 that lowers the barrier of entry for many of the low-moderate income black families that are looking to invest in businesses and real estate projects.

Black people in the United States have a combined purchasing power of $1.3 trillion that would make our community the 13 largest global economies, but our wealth is encroaching zero and only 5 percent of white America, our income is 60 percent of white America. Locavesting and crowd investing allow African-American communities to to invest in community based businesses and support these same businesses as consumers with a vested interest in the success of these businesses.  

WeCycl Providing Economic Direction

 WeCycl is a platform that allows businesses from undeserved communities to connect with people of undeserved communities to recycle spending dollars creating economic empowerment. Undeserved communities. WeCycl Connect  is an African American business directory and online marketplace with a goal to create the largest directory and digital marketplace of African American businesses and organizations globally. WeCycl wants to connect the over 2 million black owned businesses to over $1.3 trillion of African American spending dollars and also promote black businesses to partner and spend with one another.

  1. Black women are starting businesses at the highest rate in the U.S.
  2. The black dollar stays in the African American community for only 6 hours
  3. African American we over 50% of Hennessy consumer base which sells 2.3 million cases/year but drinks less alcohol on average than the rest of the U.S
  4. African Americans earning six figures is the fastest growing segment in America
  5. African American women are the most educated women in America
  6. African Americans use cell phone devices more than any other group

We must recycle our dollars. When we recycle our dollars we create jobs, we improve our socio-economic condition, and leverage political influence. Support black owned businesses.

Black Man Is Building Vodka Distillery, Restaurant, Bar and Invites Black Community to Join in as Investors!

A true renaissance businessman located in Fort Lauderdale with deep ties to professional sports and entertainment, spirits industry veteran Victor G. Harvey plans to build a 5000 square foot building housing offices, a distillery and restaurant with tasting room in Flagler Village. Construction is anticipated to begin early next year. The successful entrepreneur’s Victor George Spirits Vodka, already a favorite in South Florida, will launch statewide and hit the Atlanta, Georgia market in early 2019.

Victor George is working with Buy The Block, an industry leader in crowd funding to assist with the expansion of the brand. More information regarding this opportunity can be found at: https://buytheblock.com/campaign/creating-the-worlds-first-black-liquor-company-one-bottle-at-a-time A Victor George distillery may make the brand a one of a kind African American owned spirits company, truly historic.

Victor G. Harvey walked into Ohio’s Bowling Green State University as a NCAA Division 1 basketball player and in 1990 he walked out with a business degree and immediately went into the investment business earning his business license as a financial planner. He bought no bling or toys with his money and at 23 years old invested in his first real estate project. While in college Harvey also developed as a rap artist and in 1993 he plowed some real estate profits into creating his own record label, Educated Records in Miami, Florida. In 1996, Harvey’s hit record “The Rise, The Fall, The Rise,” which he produced and performed on under the stage name Tai-Pan, made him one of the top independent record label owners of that time.

Harvey also had the hit single “Can’t Stop It,” that was popular throughout Florida. Always looking for opportunities to climb higher in the investment field, Victor G. Harvey bought his first hotel during 2004 in Columbus, Ohio. He later sold the hotel and focused on investment opportunities in Miami where he acquired several commercial properties for development. However, in 2007 the bubble burst and the market crashed. Harvey says “ we got out with minimal loss and started our first liquor brand V Georgio Vodka, which became one of the fastest growing vodka brands in Florida history.”

The Victor George Spirits site in Fort Lauderdale’s historic Flagler Village will represent a significant job creation venue through construction and ongoing operations with some training opportunities. The company plans to focus on veteran and minority training and hiring, including women at all levels. “I am very excited to begin the next stages for the Victor George brand,” said CEO Victor G. Harvey, Sr. “Over the next few weeks, we will accelerate our proven business strategy to increase awareness and sales in our key markets,” he said, “and anticipate making significant announcements regarding growth opportunities including marketing initiatives and celebrity partnerships and distribution deals, including international sales.”

Rendering of proposed Victor George Spirits Flagler Village site Photo of Victor George spirits CEO, Victor G. Harvey, Sr.

 

 

 

 

Posted on August 28, 2018 By Staff With 0 comments

Rappers Jay-Z, Nas and Snoop Invest In Free Cryptocurrency & Stock-Trading App

What do Jay-Z, Nasir Jones (also known as Nas), and Snoop Dogg have in common? Aside from being Black Americans, being successful music stars, and having big bank accounts, they are co-investors in the free stock trading app called Robinhood.

Jay-Z’s new venture capital firm Arrive just announced that he will be investing in Robinhood, a free stock trading platform. Jay-Z will be joining Nas and Snoop Dogg who were its big-time backers since 2014.

From its launch in 2013, Robinhood has currently accumulated over 3 million users and is valued at about $1.3 billion.

Last January, the trading service company also announced about Robinhood Crypto which would allow users to trade cryptocurrencies such as Bitcoin and Etherium. Through the app, users can build their portfolios and test the cryptocurrency markets without having to deal with fees or middlemen.

Arrive was launched in early 2017 with the goal to help start-ups with branding, business development, advisory, and capital services to increase growth. It has previously invested in Devialet, a French audio technology company, and InSite Applications, an upcoming location-sharing service.

For more information about the Robinhood app, visit www.robinhood.com

Source

Posted on February 26, 2018 By Staff With 0 comments

Black-Female Serial Entrepreneur Raises over $110 Thousand Through Crowd Investing To Create The first Black-owned Real Estate Crowd Investing Platform In The United States

The JOBS Act of 2012

Crowd investing is being made possible by the Jumpstart Our Business Startups Act, or JOBS Act, a law intended to encourage funding of small businesses and real estate development in the United States by easing many of the country’s securities regulations. It passed with bipartisan support and was signed into law by President Barack Obama on April 5, 2012.  

Crowd Investing for Everyone

On May 16th, 2016 Title III, the regulation crowdfunding act went into effect and the floodgates of capital aggregation have been open to the Black community for the first time in History.  Rodney Sampson, an entrepreneur, educator, and journalist calls “Title III Regulation Crowdfunding the single most important legislation for African-Americans since the Emancipation Proclamation!”

Buy The Block

Crowd investing through Buy The Block allows community members to invest in businesses, residential and commercial real estate with their community peers to build a self-sustained business/investment ecosystem for disenfranchised communities and neighborhoods to build community equity and personal wealth. Buy the Block is the first foray for the Black community into the multibillion-dollar global real estate crowd investing industry as an owner.

Why Crowd Investing

Businesses new and old, small, and large, are now incorporating crowd investing to change the paradigm of urban economic development.  The capital formation playbooks have changed under the weight of the rising tide of “crowd capitalism”. The interest in how to effectively implement crowd investing to is reaching new and dizzying heights every day and Buy the Block is at the forefront of this innovation.

Funding “Black Girl Magic” Through Nail Spas

According to Nielsen Black women have experienced steady growth in income, population, and educational attainment, according to the study. Between 2007 and 2012, Black female entrepreneurs have grown by 67 percent. In education, 64 percent of Black women graduating from high school go straight to college, while 23 percent over the age of 25 have a bachelor’s degree or higher. But On average, black female-led startups raise just $36,000 of outside funding which amounts to 1 percent of VC funding.

Buy The Block intends to transform the relationship between Black female entrepreneurs and access to capital through with their Nail Spa Initiative. Buy The Block is on a mission to fund 12 Black-owned nail spas over the next 12-24 months including the commercial real estate where the spas sit.   

Why does CrowdInvesting matter in this market?

Many inner-city Black communities are retail and food deserts, which means that they lack access to some of the most basic necessities in their communities. These communities have very low Black-owned retail businesses and own even less commercial real estate. Black homeownership is at its lowest level since the 1960’s fair housing laws were enacted, and even though Black start businesses at a high level over 75 percent of them are undercapitalized. The best thing about CrowdInvesting with Buy The Block is that it focuses on solving issues on the inner-city market and allow people to become investors for just $100.  

If you want to find out more about CrowdInvesting or you want to support the 12 Nails Spas initiative, just visit Buy The Block to find all the details and information needed to bring our community project to reality!

JOIN THE MOVEMENT!

Did you join the movement? 

www.buytheblock.com 

Posted on December 13, 2017 By Staff With 0 comments

FIRST BLACK-OWNED REAL ESTATE CROWD INVESTING COMPANY IS SHOWING EVERYONE HOW TO BUY BACK THE BLOCK; BLACK COMMUNITY IS EXCITED

Crowdfund Your Way to the Top!

Little drops of water can run into great pools, and there is power in numbers and these form the premise of crowdinvesting. Recall those charity dinners where lots of money is realized for a good cause because loads of different individuals or organizations contributed their widow’s mite to the coffer? A similar scenario plays out in crowdinvesting. The good part is that the whole process is regulated and backed by laws to protect all the players.

Now, even though crowdinvesting, especially real estate crowdinvesting is a relatively young venture, it has gained many grounds in that short period. Why do you think that is the case? It offers the average person the opportunity to own properties that they would not have been able to hold or sell otherwise. A few years back, you hardly find individuals venturing into real estate, except, of course, the bourgeoisie and the corporate multimillion enterprises. Things have changed since then.

You can make more money, in the long run of course. You get to invest and contribute positively towards the betterment of the lives of numerous people. You would be helping to keep the dream of shelter for ‘all,’ a reality. You would have done something you and your future generation would be proud of for years to come. You can beat your chest in years to come and say ‘yes, I was here,’ in addition to making money.

Although it sounds risky, and it probably is, but come on, what worthy undertaking in life is not fraught with risks? However, as I mentioned previously, the laws and regulators are there to guide and protect you. Besides, BuyTheBlock.com wants to be around in this business for years to come, leading investors like you to greatness.

Own The Block

The real estate investors on BuyTheBlock.com are called BlockVestors, apt right? I love the title myself.

BlockVestors can invest as little as $100 in equity or debt securities. You or anyone else can participate, and you do not need to be accredited.

You pay nothing to register as a BlockVestor. All you need do is register on the website, browse, review any of the available offers, get whatever information you need about the offer with a click, and sign any agreement electronically. Then you purchase your shares whenever it suits you. Social media can be used to publicize the properties you are buying, owning or selling. Very simple right?

Oh, what if you change your mind? There is room for a refund so far as you do that 48 hours before the offer closes. Oh, I almost forgot this tiny piece of information, your returns! This is distributed to all the BlockVestors within the specified period, depending on whether the investment is equity or debt.

Sell The Blocks

You know, there is this freedom associated with Buy The Block kind of crowdinvesting. Another interesting point you should know is that you have the opportunity of becoming a Block Developer at Buy The Block. As such, you can raise $1.07 million for any real estate project and or business that includes real estate over a year period via Buy The Block.

Simple step too, create an online account, provide the property information, followed by some paper works, then after the due diligence protocols and approval you are on your way to becoming a Developer on Buy the Block. Afterwards, you publicize, notify your group of BlockVestors who in turn can invest once the property becomes open for investment.

The whole process is something you can begin once you make up your mind, it does not take much to create your online profile or start block offer.

Offer Categories

Variety is the spice of life. Take a look at the various categories available on Buy The Block.

  • Office category
  • Retail category
  • Industrial category
  • Multi-family residential category and
  • Single-family residential category

No matter your tastes and interests, you are covered. These types, along with the latest offers are beautifully and proudly displayed on BuyTheBlock.com so you can quickly make the right choices.

Why not take that leap of faith? You have nothing to lose really. You can carry out your research on all the other parties involved just to be sure you are at the right place with the proper investment.

Please visit www.buytheblock.com to get all your burning questions answered.

Knowledge is power. Whatever you decide, Buy the Block will work with you every step of the way. If you encounter any problem along the way, they are only a click away. You can also email or call customer care representatives.

Finally, be sure to invest and invest wisely to secure your future and that of many others.

BUY THE BLOCK  A SPACE TO INVEST IN REAL ESTATE WITH YOUR PEERS

Posted on November 22, 2017 By Staff With 0 comments

9 Stерs tо Buу Thе Blосk оnе commercial building оr hоusе аt а tіmе

9 Stерs tо Buу Thе Blосk to оnе commercial building оr hоusе аt а tіmе

Buy The Block is hаs bесоming а vіаblе wау fоr busіnеssеs tо sоlісіt іndіvіduаl іnvеstоrs.

Вuіldіng оr buуіng а hоusе оr а blосk аlоnе іs sоmеhоw dіffісult sіnсе lеndіng іnstіtutіоns аrе mаkіng іt mоrе сhаllеngіng tо gаіn аррrоvаl fоr lоаns, еsресіаllу іn thе саsе оf multірlе hоmеs flірs оссurrіng sіmultаnеоuslу. Buy The Block саn оffеr а quісk аnd раіnlеss wау tо gеt thе mоnеу nееdеd tо buіld оr buу а hоusе оr а blосk, соmрlеtе rеnоvаtіоns аnd оthеr rеаl еstаtе рrојесts. Rеаl еstаtе сrоwdfundіng tоdау оffеrs а unіquе tооl tо соnnесt bоrrоwеrs tо саріtаl frоm all іnvеstоrs, оftеn mіnіmіzіng thе рrеvіоus bаrrіеrs tо sесurе funds fоr rеаl еstаtе dеvеlорmеnt рrојесts. Our рlаtfоrm is thе gаtеwау tо fundіng рrојесts, rеsіdеntіаl аnd соmmеrсіаl, bіg аnd smаll. Тhе fоllоwіng stерs  саn hеlр уоu whеn уоu соnsіdеr buуіng оr buіldіng а hоusе оr а blосk.

Ноw tо сrоwdfund уоur rеаl еstаtе dеаl (buіldіng оr buуіng а hоusе/blосk)

 1) Ѕеlесt аnd vеt а рlаtfоrm

Rаіsіng саріtаl fоr rеаl еstаtе іs muсh еаsіеr whеn іnvеstоrs сhооsе аn еstаblіshеd аnd ехреrіеnсеd рlаtfоrm tо fасіlіtаtе thе рrосеss. Тhеrе аrе mаnу rеаl еstаtе рlаtfоrms аnd еасh оf thеm іs unіquе, аnd sоmе mау bеttеr fіt thаn оthеrs. Rеsеаrсhіng thе vаrіоus рlаtfоrms tо іdеntіfу thеіr strеngths аnd wеаknеssеs іs аn іmроrtаnt fіrst stер fоr іnvеstоrs. Веfоrе уоu рісkuр оr sеlесt а рlаtfоrm, іt’s іmроrtаnt tо knоw thе vаrіоus rеаl еstаtе соmраnіеs thаt hаvе wоrkеd wіth thе рlаtfоrm, thе  kіnd оf tеrms thеу hаvе nеgоtіаtеd аs wеll аs thеіr duе dіlіgеnсе рrосеss. Іt’s аlsо nесеssаrу tо hаvе аn іdеа іf thе рlаtfоrm уоu hаvе сhоsеn knоws аbоut rеаl еstаtе іn wrіtіng аnd hоw muсh іnfоrmаtіоn thеу hаvе рrоvіdеd оn thеіr рrосеss.

2) Маkе surе уоur рrоduсt fіts wіthіn а рlаtfоrm’s раrаmеtеrs

Іt’s іmроrtаnt tо undеrstаnd іf а рlаtfоrm іs fосusеd оn еquіtу vs. dеbt/dеvеlорmеnt vs. vаluе-аdd vs. stаbіlіzеd аssеts / соmmеrсіаl vs. rеsіdеntіаl.

3) Guаrаntееd Fundіng vs. Веst Еffоrts vs. Роstіng Рlаtfоrm?

Іt’s іmроrtаnt tо knоw іf thе рlаtfоrm уоu hаvе сhоsеn іs usіng thе bеst еffоrt fundіng. Тhіs sіmрlу mеаns thаt уоu fіnd оut whеthеr а sроnsоr rесеіvеs whаtеvеr funds аrе rаіsеd оn thаt рlаtfоrm durіng fund rаіsіng оr іf рrе-fundіng іs guаrаntееd, whеrе а рlаtfоrm wіll fund thе іnvеstmеnt іn іts еntіrеtу аnd ореn іt uр tо іndіvіduаl іnvеstоrs аt а lаtеr dаtе. Іt’s аlsо gооd tо knоw whеthеr thе рlаtfоrm асts аs а роstіng рlаtfоrm, wіthоut реrfоrmіng duе dіlіgеnсе оr hаndlіng іnvеstоr rеlаtіоns.

4) Κnоw thе rеgulаtіоns

Whіlе аll рlаtfоrms “сrоwdfund rеаl еstаtе іnvеstmеnt”, nоt аll рlаtfоrms рrоvіdе thе sаmе ассеss tо іnvеstmеnt орроrtunіtіеs.

5) Ѕubmіt аn aррlісаtіоn

Рrоvіdе thе рlаtfоrm wіth іnfоrmаtіоn аbоut thе rеаl еstаtе орроrtunіtу. Тhіs іs nоrmаllу dоnе bу fіllіng thеіr аррlісаtіоn fоrm mауbе vіа оnlіnе. Тhіs wіll еnаblе thеm tо rеvіеw thе орроrtunіtу аnd quісklу bеgіn thе рrосеss.

 6) Gеt  an aррrоvаl

Оnсе уоur аррlісаtіоn hаs bееn аррrоvеd, thе рlаtfоrm wіll nоrmаllу rеquеst fоr іnfоrmаtіоn аbоut уоur рrојесt аnd а bасkgrоund. Тhіs wіll bе usеd tо run а сrеdіt сhесk оn thе рrіnсіраls оf thе sроnsоrіng rеаl еstаtе соmраnу. Fоr еquіtу рrојесts уоu wіll nоrmаllу bе rеquеstеd tо рrоvіdе аnу drаft оf а mеmоrаndum thаt mіght bе аvаіlаblе. Fоr dеbt fіnаnсіngs, thе rеnоvаtіоn рlаn аnd budgеt wіll bе rеquеstеd.

7) Рrераrе аnd submіt аn invеstmеnt pасkаgе

Usіng а сrоwdfundіng рlаtfоrm mеаns ассеssіng аn еnоrmоus nеtwоrk оf іndіvіduаls, рrоfеssіоnаl іnvеstоrs, аnd іnstіtutіоns fоr саріtаl. Тhеу wіll wаnt tо реrfоrm thеіr duе dіlіgеnсе аnd undеrstаnd уоur fіnаnсіаl роsіtіоn. Тrаnsраrеnсу іs kеу. Yоu nееd tо аttrасt іnvеstоrs bу рrеsеntіng thе орроrtunіtу tо thе рlаtfоrm’s ассrеdіtеd іnvеstоr tо gаіn аttеntіоn аnd саріtаl fоr thе рrојесt.

8) Rаіsе Саріtаl

Νоtе thаt еасh іnvеstmеnt орроrtunіtу іs unіquе аnd іt’s dіffісult tо рrеdісt thе tіmе реrіоd tо соmрlеtе fundіng fоr аn іnvеstmеnt орроrtunіtу. Ноwеvеr, dеbt іnvеstmеnts аrе sоmеtіmеs fаstеr, mоst оftеn wіthіn hоurs. Еquіtу іnvеstmеnts tурісаllу tаkе lоngеr tо fund, оftеn fеw wееks.

9) Аррrоvеd Fundіng

Аftеr соmmіtmеnts аnd funds hаvе bееn rаіsеd, thе rеmаіndеr оf thе рrосеss саn tаkе uр tо 5 аddіtіоnаl dауs fоr funds tо сlеаr.

Join The Movement

 

Posted on November 1, 2017 By Staff With 0 comments

Real Estate Investing Made Easy

Real Estate Investing might seem a bit complicated at first, but that’s not exactly the case. What this process does is it provides you with the means to use your money to invest in real estate properties. You do that to purchase new properties and generate income. The process is rather simple, and it allows you to acquire income on the backburner, all thanks to the money you invested.

The great thing about Real Estate Investing is that it allows you to generate revenue and profits over time. The way you do that is via price appreciation. As the price rise, you can sell the property, and then you can make a profit from that. Tax implications do differ when it comes to Real Estate Investing because each type of investment comes with its set of various taxation models.

However, you can generate a substantial income from Real Estate Investing, and all you have to do is to invest wisely in producing best results in the end. Focusing on specific properties is mandatory. It’s imperative to focus on investing in real estate as this will allow you to generate capital gains as soon as the property value invests in time.

Knowing how to invest in real estate properly can be a bit hard at first, but with the right approach you will find no problem getting the right value, and the experience can be very rewarding for sure. It’s all about taking your time, knowing what to do and in the end, this can be amazing, to say the least!

Once you enter the world of Real Estate Investment, you need always to bring in a good cash flow. Otherwise, results might not be the ones you expect. It can be rather challenging, but as long as you take your time and avoid rushing, you will find the experience to be second to none in the end. So, don’t hesitate and opt for Real Estate Investing if you want to create a new career that provides you with a stable income on the back burner.

Entering the world of Real Estate Investing is not easy, and it can bring in front a resounding, unique experience. It’s certainly something that pays off a lot, so try to keep it in mind to the best of your capabilities. Do that, and you will be quite impressed with the results. Plus, Real Estate Investing can give you a good way to deal with any potential problems, so try to make the most out of it right away, and you will not be disappointed!

Join The Movement! 

Posted on March 28, 2017 By Staff With 1 comment

Why You Should Forget About Old School Real Estate Investing

If you want to be one step in front of your competition, you need to know what the next big thing will be or at least figure out how you can use it to turn the tides to your advantage. That’s where Real Estate Crowdinvesting comes into play.

Real estate professionals know that investing in an excellent property can give a resounding return on investment in time. The only problem comes when you don’t have enough money to make such investments. Unfortunately, if such a thing happens, you will have to wait until you accumulate the finances needed for such an acquisition.

So, you either have to wait for a long time, or you just need to go to the bank and deal with loans, something that’s not exactly a good idea. Beginning investors had to do this all the time and, as you can imagine, things like this don’t go well all the time. But it’s still clear that you can gain some amazing results with the right approach. That’s why the next big thing in the Real Estate world is Crowdinvesting! The reason is rather simple, with help from other people that also want to invest money in large properties, you get to make a name for yourself, and the value can be incredibly rewarding.

Not only will you get to make a name for yourself in the longer term, but the value on its own is second to none, and you never have to worry about any potential investment problems. While regulations are in place, Real Estate Crowdinvesting can step away from the infancy stage, but the reality is that the future is bright for this particular industry. Not only does it allow more and more people to invest in real estate, but it significantly lowers the entry point, and that’s critical, to say the least. It is clearly showing value for people that entered this area in its early stages.
And it will get even better in the longer term.

Buy The Block is leveling this playing field. It’s safe to say that this industry is here to stay. As long as more and more people enter the Real Estate Crowdinvesting world, we will be able to see more and more residential and commercial projects acquired this way. Buy The Block will put the power back into your hands and it will pay off in the end, it can bring plenty of success to the people that need it. You should totally consider joining right now, because this is the future of real estate investments, and you certainly want to be a part of it!

Join The Movement!

Posted on March 15, 2017 By Staff With 0 comments

Program Is Showing the Black Community how to ‘Buy Back the Block’– One Investment at a Time

Lynn the Founder of Buy The Block

Lynn, Founder of Buy The Block — Program Is Showing the Black Community how to ‘Buy Back the Block’s One Investment at a Time

MEMBERS OF THE BLACK COMMUNITY RALLY TOGETHER TO ‘BUY BACK THE BLOCK’– ONE INVESTMENT AT A TIME

Following the successful creation of ‘Buy The Block’ as well as the passionate contribution of the community towards ensuring that the movement’s goal of raising the sum of $100,000+ is reached.  Lynn is thrilled to announce the highly anticipated launch of their new one-stop online crowd investing real estate investment platform,  2017.

Even though we are not yet there, it is heart-warming to see black people across the U.S., unite as one to embrace and support this unique concept via their continued contribution. With their help, we’ve been able to raise almost $109,000+ an amount we are devoting towards the development of our website, app and buying our first block” said Lynn, CEO at ‘Buy The Block’. In the coming months, contributors will be taking advantage of some excellent features that will take everyone by storm. These unique offerings will be targeting the existing state of affairs and bringing a breath of fresh air to the industry.

Suffice it to say that ‘Buy The Block’ aim to lead sponsors and developers in a significant number of investor’s projects if not all. This major factor in their operation distinguishes them from other crowd investing platforms.  While loads of their competitors only handle third-party sponsored projects and front as mediators through the provision of technology to execute funding for outsourcing deal. Buy The Block has been able to carve a niche for itself by putting their money where their mouth is and spearheading their project development with the help of their in-house Block Development Success Managers.

Doing this has helped us to reduce risks to the barest minimum and increase investors’ returns. Furthermore, through the creation of a personalized portal per investor, we furnish each of them with frequent real-time investment updates.  Our process will help us to earn their confidence without hassles.”  With a team of sound and highly respected professionals, Buy The Block is on a mission to change the face of crowd investing real estate. By keeping each investor informed through the provision of regular updates, the company continues to endear itself into the heart of investors.

“We have a blueprint of what works, and it will produce results. We are here to stay and lead the way by making real investing easier than ever” Lynn concluded.  Buy The Block was live on Saturday, June 17th, 2017 (Juneteenth)! Visit our Facebook page for more details.

Buy The Block goal was 500 members, we now have 450+!  Way to go!

Join The Movement

###

Contact:
Buy The Block
Email: info@buytheblock.com
URL: https://www.buytheblock.com

Posted on February 23, 2017 By Staff With 73 comments

Why We Love Real Estate CrowdInvesting and You Should Too

African American family together outside their home

Real estate crowdfunding, also known as CrowdInvesting, is generating a massive amount of money for a broad range of residential properties all over the country. Simply put, regular people that want to become real estate investors need to use a dedicated platform like Buy the Block, and they can buy back the block in their local area if they so desire.

This real estate investment opportunity has proven to be a major success, and now it’s one of the best and most reliable ways to generate the funds needed to purchase real estate properties all over the globe.
But you do have to wonder, what kind of impact do you get from CrowdInvesting? Is this indeed a breakthrough in the real estate world or is it just a phase that will most likely be forgotten sooner rather than later?

The answer is, thankfully, the former. Yes, CrowdInvesting is generating the means and expertise necessary to overcome a lack of investors for various regions all over the world. Plus, companies, like Buy the Block, can allow regular people to start a new career as real estate investors in a very simple manner. The new investors just share money via the platform, and they will get a solid return on investment extremely fast.

Similar CrowdInvesting companies have already generated around $1.7 billion in CRE projects, and they gathered hundreds of millions of dollars, with Buy the Block being one of the best examples in this regard. Giving power to the people is an excellent thing in the real estate investment world at this point. Instead of trying to find an investor for various residential projects, CrowdInvesting makes the entire process simpler and easier.

Platforms, like Buy the Block, will regulate all investments and the process will be a lot faster and safer for all parties involved. Contractors will get the cash flow needed to create new buildings, and the new investors will be able to earn money and a solid return on investment without having to worry about what they get back! This is why we love real estate crowdInvesting and you should too.

Every investor can start with as little as $100, and in return, he/she will get a stellar ROI based on how much he/she invested in the first place. Some investors can offer $1000; others can opt for way less/more depending on their budget. It’s imperative to note, the fact that this type of real estate investment doesn’t come with a significant entry level, in fact, it has a great approachability, and the results are second to none due to that reason alone.

Is CrowdInvesting safe? Yes, this is one of the best real estate investment methods that you can use at this time. Not only does it allow multiple people to invest in a project that a regular corporate investor might pass on, but it also generates a lot of revenue for all individuals that are a part of this project. If you want to become a part of the CrowdInvesting wave, you should consider joining Buy the Block now; this can be your way to get into a thriving industry!

Join The Movement!

 

Posted on February 12, 2017 By Staff With 1 comment

Using Real Estate CrowdInvesting To Develop Urban Cities

New Homes Under Construction In A New Housing Development

In order to develop cities all over the globe and accommodate more people, we need to put the power in front of regular people and not investors. Many billionaire investors have the resources and manpower to pull off amazing construction projects, but that doesn’t necessarily mean they should own those cities. There is another solution, and CrowdInvesting seems to be the answer here.

Instead of letting the major investors do the job here and invest massive amounts of money in this, a much better idea is to talk with the local communities. There are a lot of people that want to buy back the block they live in and who want to maybe move to a new city. Or there are plenty of smaller investors that do have some money to invest in new residential projects and urban cities, but nowhere near enough to solve the problems that might appear. And this is where CrowdInvesting can help.

By getting funds from people all over that region and maybe even from other places all over the world, CrowdInvesting allows regular investors or newcomers to the industry to get the job done and generate the cash flow needed for larger projects.

The Revolution

CrowdInvesting has managed to get a massive exposure in the past few years mostly thanks to media, and this did generate the money needed to fund various residential projects. But can this real estate investment strategy be suitable for developing new cities? As you can imagine, this can happen, and the resources needed for such a thing aren’t that hard to acquire, to begin with.

Maybe the greatest challenge that comes from CrowdInvesting is actually finding the right contractors that can pull this off. However, millions of small investors can generate large amounts of money, and they can even surpass regular corporate investors as well. It all comes down to finding the very best investment opportunity and asking the community to be a part of it. There will be many challenges to overcome in regards to developing urban cities via CrowdInvesting, but it can be done.

If the real estate world has shown us something, that would be the fact that urban cities can bring in some massive opportunities. It all comes down to the way you harness those opportunities and generate a good cash flow from them.

The Future

Buy the Block is a platform that allows you to perform CrowdInvesting for just about any type of property, be it commercial or residential. Thanks to the community, you get to become an investor and acquire the money you need to finance your own projects in the future. But even better, you get to help the development of new urban cities in record time. Crowdfunding and CrowdInvesting have shown time and time again that, with the right investors, every project can come to life. The real estate industry needs new investors, and CrowdInvesting offers the tools and means to bring plenty of new projects to life. Only time will tell if the results will be surprising or not, but the outcome will certainly be very well worth it. Hopefully, the crowd investment opportunities will increase in popularity and then we will be able to develop major cities without the need of major investors!

Join The Movement!  Buy The Block 

Posted on February 6, 2017 By Staff With 2 comments

Buy The Block Real Estate Crowdinvesting Is Coming To A City Near You

In recent times, financing business through crowdfunding has become very popular in all sectors of our economy. The talk about the term crowdfunding is no longer news; it means the collective efforts of individuals with a common interest to fund a venture organized by another entity, either an organization or an individual. This concept of crowdfunding has been in practice in areas such as relief operations after calamities, political campaigns, and scientific research among many others.

Today, the idea of crowdfunding has found its way into the business of real estate. The concept is all about, a company acquiring the funds they need by bringing in many investors to purchase small amounts of equity. This method of Real-Estate Investing has gained much attention from all and sundry that the Jumpstart Our Business Startups (JOBS) Act. With this regulation, Buy The Block is allowed to solicit funding from unaccredited investors to purchase their stocks in real estate.

The Present

Lately, individuals who are not entirely into business are fast becoming interested in crowd investing in real estate. At Buy The Block, with a little amount of money,  no experience, people can afford to have a share in real properties; such as retail centers, corporate buildings, hotels and more. Buy The Block gives our community the advantage of not facing the hassles that accompany buying an entire property alone. Buy The Block investors share in the profits of the business without having to be part of the management of the estate from the comfort of their home.

The Model

In crowd investing, profit sharing timing varies. This depends on the type of property and the areas of investment. Profit sharing also depends on the policies set by Buy The Block.  Some investments offer short term or quick allocation while other opportunities focus on long-term or ground up development.

The Options

With the ground-up development, the waiting period before an investor can expect their distributions will be twenty-four (24) months at most. On the other hand, the quick allocation system is cash flow intensive; this means investors can get their share of the profit as early as every month.

There are many advantages of Buy The Block crowd investing, low minimum and more transparency to start. Investors can invest in individual properties, various developments and are in charge of their selection of investments. Other advantages include community building, community development while being a part of the change needed to support your city.  Also, the convenience of making these decisions from the comfort of your computer or phone. It understandable why Buy The Block crowd investing in real estate is becoming hugely popular.

For more information or to join the movement go https://buytheblock.com/. 

Find Buy The Block on Facebook (facebook.com/buytheblock/),Website ( http://www.buytheblock.com/), Twitter (twitter.com/buytheblocknow) and YouTube (youtube.com/channel/UCCyowx8NEZsiXAZA6u7HeUg), watch the video (https://youtu.be/K6zLbx0pu94)

 

Posted on January 21, 2017 By Staff With 12 comments