PROPERTY PLAYMAKERS REAL ESTATE INVESTMENT PROFILE
Profile Created: 2023-10-09 09:52 AM
Property Playmakers Telegram Username: Teajuana Scott
Email: scott.1399@outlook.com
Allows Text Notifications:
Phone: “NA”
City: Brooklyn
State: NY
Website: “NA”
EXPERIENCE:
Has Real Estate Investment Experience: no
Length of Real Estate Investment Experience: 0
Total Experience (Years): 0
Total Experience (Months): 0
OCCUPATION:
Primary Occupation: Nonprofit – Volunteer Services Coordinator
Other Occupation 2: Real Estate Agent – Casa Blanca Real Estate
Other Occupation 3: Actress
Other Occupation 4: NA
Other Occupation 5: NA
GOALS:
Real Estate Investment Goals: Cash Flow: earning a consistent income from rental properties||Passive Income: earning money with minimal effort by leasing properties||Property Flipping: buying properties, improving them, and selling for a profit||Tax Benefits: taking advantage of tax deductions and benefits available to property owners||Retirement Planning: building wealth and security for retirement through property invesment||Wealth Building: using real estate as a tool to increase||Leverage: using borrowed capital for real estate investment to increase the potential return||Geographical Diversification: investing in various locations to spread risk
Investment Property Type Preference: Multi-Family (2-4 units)||Apartments (5 units or greater)||Commercial Properties
Short-term Goals: Purchase a laundromat, purchase 1-4 investment properties
Long-term Goals: Owning several laundromats and rental properties
Having flipped several properties for profit
Purchased a laundromat/rental property for my parents to own
Paying my parents’ rent/mortgage
Having complete time freedom
INVESTMENT READINESS:
Has capital set aside for Real Estate Investing? no
Is pre-approved for a loan? no
Total pre-approved loan amount? 0
CHALLENGES & OBSTACLES:
Biggest Challenges:
The biggest challenge is definitely getting started, knowledge about the industry, lack of guidance, and not having the capital to get started
Current Obstacles:
Right now, I’m restructuring my LLC so I can get funding to purchase my laundromat. My business was previously product based and in the beauty industry so I’m just having a hard time getting my LLC where it needs to be so I can even start. I am also looking for a mentor, or some sort of guidance and it’s obviously very expensive to have access to these kinds of programs.
QUESTIONS & CONCERNS:
I just really need to know how to even get started. How to get financing, how to find properties, etc.
ACTION PLAN:
I plan to have my LLC restructured by mid-October, I then have an appointment to discuss life insurance with an expert. And the next step I’ll be hiring Stormi Banks to help me apply for grants. Once I receive a grant my plan is to join Justin Giles’ mentorship program and attend the Laundry Capital mentorship and go from there.
HOW CAN THE GROUP SUPPORT YOU:
Possibly finding mentorships that are maybe more affordable would be a great help. Or maybe just resources where I could get this kind of information for free too would be very helpful.
ADDITIONAL INFO:
FEEDBACK:
So happy to be a part of this community, the access to partnerships will make this journey easier and much more enjoyable!
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