Episode 38: "The Key Resource" - A Conversation About Real Estate Investing w/ Kendra Barn


For most Americans, owning a home is a major factor in the accumulation of wealth. However, research indicates that there exists large gaps in the rate of homeownership between black and White Americans. Specially, more than 70% of white households own their own homes compared to 45-percent of Black Americans. Today, we focus on how to close that gap by interviewing Kendra Barnes, a real estate investor and founder of The Key Resource, a company and community geared toward helping millennials to accumulate wealth through real estate. In this interview, we discuss different types of investments (30:33), how to invest in real estate at any financial level (33:24), myths and misconceptions about investing (37:20), and mistakes that Kendra learned along the way (40:22). We also have a conversation about life as a landlord (43:47) and advice for first time investors (47:14). We close by discussing the importance of real estate investing for wealth building in communities of color (50:03)!

Other Topics Include:

00:30 - Catch up with Ty and Daphne

02:30 - BhD Oh Lawd News

24:17 - Tees for Degrees Thank You!

25:00 - Introduction of the Topic

28:10 - Learn more about Kendra

42:01 - Licensing in Real Estate

45:41 - Section 8 Rental Properties

1:00:23- Ty and Daphne Reflect on the Interview

Resources:

https://www.washingtonpost.com/news/wonk/wp/2017/09/28/black-and-hispanic-families-are-making-more-money-but-they-still-lag-far-behind-whites/?utm_term=.92cd5d321594

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