Minorities Landlords are Losing Is the Covid Relief Package Enough?
Channel: Street Smart Real Estate Investing With Lou Brown
Date: 2021-12-08

In this video, Lou will share an article from USA Today.  

The story of this video is about this lady who was originally from China, her name is Susanna Ley. Through the years she and her family built up their dreams through real estate. She purchased 6 properties in about 3 decades. 

Unfortunately, just like everybody else, they got hit by the pandemic, Covid-19. All her 6 tenants have lost their jobs and stopped making payments. This puts her in a difficult position where she cannot make mortgage payments for the six properties. 

This is a hard and painful time for her and her family. This has been a great challenge for a lot of landlords in general.

According to statistics, 12% of landlords with a mortgage are now in forbearance. Meaning they cannot make the payments on their mortgages therefore the lenders work with them to forebear the payments for a period of time.

They are saying that 20% of these landlords that are in forbearance are Black, and 14% are Hispanics. 

According to Lou, the area that they invest in has a similar type of folks that live there however they are not being impacted nearly as much as the other people.   

The question is, “ Why and How is that?”

It’s because Lou and his team in Street Smart Real Estate Investor are doing something different than other landlords. They have a program that they offer for everyone, called “The Path To Homeownership”, where they help deserving families regardless of credit or financial background to end up with homeownership.

If you are someone looking for a home for you and your family, continue watching this video to learn more about this wonderful program.

USA TODAY Article link: https://www.usatoday.com/story/news/nation/2020/12/22/covid-relief-black-latino-landlords-renters-want-congress-stimulus/3889251001/

 _______________________________________________________
 
Lou Brown has training coming up it’s available at www.WealthBuilderWorkshop.Online

It’s an all-day training in the comfort of your own home where Lou is going to teach you how to find a buyer before even finding a property. He’s also going to teach you how to protect all your assets using land trusts and personal property trusts.  


https://millionairejumpstart.com/
Discover how to start investing in real estate at Millionaire Jumpstart.

* Money Making Secret #1: Getting Motivated Sellers to Call You!
No more calling unmotivated sellers and getting rejected more times than a geek for the high school prom!
I’ll show you how for over 28 years, I’ve been able to get deals brought to me and motivated sellers hunting me down to give me their house. 

* Money Making Secret #2: The Art of Structuring Deals!
I’ve been doing this for 40 years and I love to share how I get sellers to give me the house, a check, and even a jet ski or two.

* Money Making Secret #3: Negotiating Secrets Revealed!
I love to negotiate, just ask Matt, one of my hand-picked coaches. We recently went to an estate sale and he witnessed me structuring a deal to buy the house and contents right there on the spot.

* Money Making Secret #4: Trusts Simplified!
A little confused on this entire Trust thing? Why to do it? How to do “Subject-To” safely? I’m going to show you my new fundamentals of Trusts training that will simplify the concept of Trusts, so a 9-year-old child can understand it.

* Money Making Secret #5: Develop a Plan for Success in Real Estate.
The wealthiest man ever to walk the earth left clues for us on how he amassed his great wealth and kept it.

How to Help People While Helping Yourself – Become a Certified Affordable Housing Provider™
Create Your 10 Million Dollar Retirement Plan – specific formula revealed
Learn Hidden Profits Available in ANY Deal – worth thousand$ 
How to Take Over the Seller's Loan with NO Money 
How to Have the Seller PAY YOU to Buy Their Home - no kidding! 
Buying Without Bank Loans – over forty years and never one bank loan!! 
Easy Ways to LEGALLY Raise Big Money for Your Deals
Renovations – Quick Ways to Safely Make Huge Cash Now
Money-Making Management Secrets from a 40 year veteran who manages over 150 now
Accelerating Your Cash Flow – Add built-in “Profit Centers” – extra hundred$ per month
Case Studies: Secrets of How They Were Found, Negotiated and Sold
How to Protect Your Deal from Someone Else Stealing it
Legally Pay ZERO Taxes on Your Real Estate Portfolio – simple structure worth thousands
Having Tenants Leave Your Property in Better Condition than When You Gave It to Them
Why Land and Personal Property Trusts are the Best Privacy and Asset Protection 
Benefits of Trusts You Cannot Get With ANY Other Entity
The Due-on-Sale Clause – What it is and How to Avoid it Legally
And MUCH More

Attend this power-packed “one-of-a-kind” best of the best training on making money in real estate investing!
Call 1-800-578-8580