Special Feature: Investing In Real Estate in Our Own Backyard of DeKalb County – On Common Ground News
From the Dollar Empowered Community (DEC)
The pandemic brought numerous emergencies to families in all population groups. But the lack of financial security, in addition to disproportionate exposure to COVID-19, underscored the disparities in the black community.
The racial wealth gap is nothing new. National data on the disparities have been available for at least three decades. However, the 2020 pandemic was just the right time to reach out to the community to come together and do something about it.
Meet The Dollar Empowered Community (The DEC), a real estate consortium founded by five black women in DeKalb County, Georgia: Dar’shun Kendrick, CEO and Co-Founder; Teresa Hardy, CFO and Co-Founder; Stacey Thibodeaux, secretary and co-founder; Edwina Clanton, co-founder and Amy McCoy, co-founder. The syndicate is looking for passionate community builders and investors who want to help build wealth.
The purpose of the DEC is to give people in the community the opportunity to invest in commercial real estate, even for those who might not have been able to. This new real estate investment consortium regularly hosts informative discussions about building cash flow, community investment strategies, and increasing the value of capital assets.
The DEC real estate consortium was launched in March 2021. In just three months, over 40 investors joined the cause by investing at least $ 2,500. Some have invested more. Now the minimum is $ 5,000 through October 1, 2021.
Read What Investors Are Saying About The Dollar Empowered Community:
“One of my goals for this year was to invest in real estate. I saw this opportunity and the professionalism, commitment, commitment and expertise of all women involved and I decided to take it. The presentation and the effort contributed to strengthening my confidence in the investment decision. My goal is to create residual income, build wealth and expand my investment portfolio. “
—Denise Parks, investor in DEC.
“I invested in the DEC for a number of reasons. The overall mission of “… closing the racial wealth gap for black Americans by purchasing commercial real estate for both income and capital appreciation …” is critical to me. I’m not black, but I see this as an investment in the community, directly in the form of a stake in the acquisition of real estate and indirectly in helping to reach the fund’s target amount so that others can participate in the investment returns .
—Bona Allen, investor in DEC
“The search for wealth is often an individual pursuit. I believe the DEC is a unique opportunity to join a like-minded group to build the often-considered impossible financial company in DeKalb County. ”
—Ronald Mangum, DEC investor
Investing in the DEC is not just about growing their own wealth, but also being part of a community interested in helping others create wealth and fill the wealth gap. Investing in the DEC is open to everyone, regardless of gender or race.
DEC invites you to join its online discussion “Investing in Real Estate in Our Community” on September 16, 2021.
The virtual discussion will be moderated by Donna Lowry with a panel of experts including Keith Miles, estate planning attorney at Keith Miles’ law firm; Julian Pouncey, Investment Advisor Representative; Yonina Gray, Finance / Investment Executive, Community Development Initiative; and Ramon Tookes, serial real estate investor at Northstar.
To register for the free online panel discussion and for more information about investing in the DEC, please visit: www.dollarempowered.com. You can download and read the Private Placement Memorandum to learn more. If you have any questions, please feel free to contact the DEC via the website.
Post views:
45