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cover of episode Ep 61- How to Buy Land and Build a Community

Ep 61- How to Buy Land and Build a Community

2021/2/15
logo of podcast Black Real Estate Dialogue

Black Real Estate Dialogue

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This episode with Ashley Scott was powerful! Ashley is part of the group of 19 black families who purchased over 90 acres of land in Toomsboro, Georgia last year. They've since acquired over 400 acres of land!

This episode is a great example of group economics and the amazing things we can work towards if we pool our resources. In this episode we discuss buying raw land, the different components of building a city, creating a safe haven for black families and more. 

Highlights

  • Consider creative financing when buying land. such as owner financing or hard money lenders. 
  • Tips for buying land- Find a good realtor who has expertise in the area, go to landflip.com to see land for sale. Land is a long game, not a quick flip. It can be something to add to your portfolio. Look for land with delinquent taxes, this could be a good buying opportunity 
  • Jump out on faith and buy land as a group. Plot, plan, strategize, organize and mobilize.

 

 

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  How you can find herIG- @ashleyscottkw @freedomga2020Website- https://thefreedomgeorgiainitiative.com/)

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