Black Lion Realty After Hours (Hampton Roads Real Estate): Recent Episodes

Black Lion Realty / Kerry / Shaneisha

You have questions about the Hampton Roads area? Are you interested in buying or selling property in the local real estate market? Would you like to meet some of the local business owners and learn about local hangouts? Join this weekly podcast, hosted by real estate experts Kerry and Shaneisha Ferdinand, owners and operators of Black Lion Realty for everything real estate and more in Hampton Roads (The 757).

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Are you having issues with a difficult tenant?  Tune in as Kerry and Shan discuss ways to deal with, and or avoid difficult tenants.

  1. Hire a property manager 
  2. Background Checks and Services
  3. Strong Lease
  4. Communicate expectations 
  5. Ensure proper Insurances 

Contact Information for S&K Property Management:
P. 757.872.2358
E. Shan@blacklionret.com
W. www.vapropmgmt.com

Contact for Black Lion Realty:
P. 757.872.2358
E. info@blacklionret.com
W. www.blacklionret.com
A. 13176 Jefferson Ave. Suite D. Newport News, VA, 23608

podcasts #vlog  #blacklionret #realtor #owner #topproducer #veteranownedbusiness  #principalbroker  #swam #office #newportnews #newportnews #business #smallbusiness #businessman #veteran  #financial #homerates #housingmarket #hamptonsrealestate #hamptonroads #homeownership #buyingahome #sellingahome #investing #property #propertyinvestment #hamptonroadsproperty

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600,000 Agent Exodus? Why are so many Real Estate Professionals leaving the industry? Is it financial armageddon?  Or is this a great time to be in the market?  Find out the answer to those questions and more.

Catch this episode on YouTube:

https://youtu.be/zUhpvqaWn84

podcasts #vlog  #blacklionret #realtor #shorts #owner #topproducer #veteranownedbusiness  #principalbroker  #swam #office #newportnews #newportnews #business #smallbusiness #businessman #veteran  #financial #homerates #housingmarket #hamptonsrealestate #hamptonroads #homeownership #buyingahome #sellingahome #investing #property #propertyinvestment #hamptonroadsproperty

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  • Increase in rental rates
  • Average Housing rates
    and honestly answer questions like:
  • Should I wait for the market to correct itself 
  • Am I saving money by not purchasing property now
  • Is there any benefit to being a VA buyer

and much more.

Catch this Episode on YouTube:

https://youtu.be/zUhpvqaWn84

podcasts #vlog  #blacklionret #realtor #shorts #owner #topproducer #veteranownedbusiness  #principalbroker  #swam #office #newportnews #newportnews #business #smallbusiness #businessman #veteran  #financial #homerates #housingmarket #hamptonsrealestate #hamptonroads #homeownership #buyingahome #sellingahome #investing #property #propertyinvestment #hamptonroadsproperty

https://www.bloomberg.com/news/articles/2022-10-12/us-rent-growth-slows-with-affordability-crunch-squeezing-tenants?leadSource=uverify%20wall

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Black Lion Realty After Hours speaks with Phi Beta Sigma Fraternity Incorporated and Zeta Phi Beta Sorority Incorporated about the midterm elections, community involvement and why it is so important for underserved communities to get and vote.

For more information about Phi Beta Sigma Fraternity Incorporated visit:
phibetasigma1914.org

and/or for more information about Zeta Phi Beta Sorority Incorporated, visit:
zphib1920.org

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Councilwoman Tina Vick (candidate for Newport News Mayor) sits with Black Lion Realty After Hours for a candid discussion about her personal story, growing up in Newport News, her book. "Growing Up Vick". her non-profit, her accomplishments as the councilwoman for Newport News Southern District, and her current political run. 

Check out the entire video on Youtube:
Councilwoman Tina Vick forNewport News City Mayor.

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Join Black Lion Real Estate After Hours as we meet and greet the dynamic  Broker/ Owner of Maxwell Realty, Paster of  New Beech Grove Baptist Church, and many more, Dr. Willard Maxwell.   Our conversation covers homeownership, business development, business entrepreneurship, wealth disparity, and his run for Newport News City Council. 

View the entire conversation on Youtube: https://youtu.be/Cp4q1zetQYI

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Join Shan and Kerry as the dicuss the bennifts of a shifting market, investment opportunities, rehab strategies for both commercial and residential with Heritage Capital  Group LLC, CEO Raymond Willis.   

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Join us as we learn about the All In One Mortgage loan product. Mr. Mark Freeman discuss the advantages of this product an how it can be used as wealth building strategy.

All in One Loan Calculator:
 https://www.allinoneloan.com/#calculator

To contact Mr. Freeman:

Mark Freeman
C. 757.561.5971
E. mfreeman@mmmtmortgage.com
W. www.mmmtmortgage.com

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Join Black Lion Real Estate After Hours as we meet and greet the dynamic  Broker/ Owner of Maxwell Realty, Paster of  New Beech Grove Baptist Church, and many more, Dr. Willard Maxwell.   Our conversation covers homeownership, business development, business entrepreneurship, wealth disparity, and his run for Newport News City Council. 

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Join Shan and Kerry as the dicuss the bennifts of a shifting market, investment opportunities, rehab strategies for both commercial and residential with Heritage Capital  Group LLC, CEO Raymond Willis.     

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  1. Rising prices lead to increased equity

  2. Homeownership means fixed housing costs

  3. Owning gives you opportunities renting doesn’t

Disadvantages of buying a home in 2022

Is it wise to buy a home with home prices so inflated?

Buying versus renting in 2022

Housing payments vs. rent payments

Mortgages are fixed, and rents are not

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Today's discussion is about incorporating Property Management into your investment strategy.  

We discussed:

  • How Property Managers set rent rates
  • How Property Managers assist in maximizing the profitability  of
  • Collecting & Depositing Monthly Rent
  • How Property Managers Help to Maximize time profitability
  • How Property Managers/Advertise Rental Properties
  • How Property Managers screen tenants

IG:  @skpropertymgmt_
FB: S&K Property Management
web: www.vapropmgmt.com 

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On tonight's episode we discuss:

Mindset
  * Rent vs Buy
  * Stability

Buying
 * FHA
 * VA
 *Special programs
    - Inspections
    - Closing cost (Gift/ Income)

Potential
   * Renting
   * Refinance
   * Rental
   * Appreciation

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There are several reasons to purchase an investment property sooner than later.  In this podcast Kerry and Shan will discuss several steps to purchase your first property and start earning passive income.  Here are just some of the items that are covered in this episode:

-Down Payment
- Credit Score
- Taxes
- Inspections(s)
- Renovation(s)
- Rent and Repeat 

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1.     Manage expectations:

A.    Property may sit on market slightly longer than before/ may not receive the same volume of offers as before

B.    Buyers maybe asking for closing cost and/or repairs

2.     competitively price their property:

A.    Expecting a large sum over market value maybe unreasonable

B.    Ensure you are pricing based off market analysis and not based off rumors and old trends

-       What should a seller do in this market?

1.Don’t go it alone and speak with a licensed real estate professional.

A.    Typically sellers that sell their homes without an agent sit on the market longer and;

B.    sell for much less than market value

2.Do your homework in your area

3.Come up with a timeline to list your property

Reference(s):

Rocket Mortage

https://www.rocketmortgage.com/learn/buyers-market-vs-sellers-market

Oxford Dictionary Online

an economic situation in which goods or shares are plentiful and buyers can keep prices down.

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Meet Shaneisha! Her credentials include:

  • Realtor
  • Investor
  • Property Manager

Are you worried about how a recession might affect your options when it comes to purchasing property? As we steer into an unpredictable market, Shaneisha explains how a recession shouldn't deter you from buying and investing in real estate. She helps navigate through tough questions an average buyer might have concerning our local market and what steps you should take if you are an inspiring investor. 

You can contact Shaneisha at 757-872-2358.

Links & Resources:

Make sure to Follow, Like, & Share!
IG:
TikTok:
Website: Shan.blacklionret.com

https://www.forbes.com/sites/jonathanponciano/2022/07/01/are-we-already-in-a-recession-yes-according-to-fed-indicator-with-excellent-track-record/?sh=43e9080c1c66

https://www.thebalance.com/the-history-of-recessions-in-the-united-states-3306011

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Over 21 years of service had I known... Had I known that I could use my VA Loan to become a millionaire or even a multi-millionaire I would have done things completely different. You don't need to make the same mistakes I did. Stay tuned to learn more.

Links and Resources:

VA Loan Eligibility Requirements
https://www.veteransunited.com/va-loans/va-home-loan-eligibility/

What Can You Buy With a VA Loan?
https://www.military.com/money/va-loans/what-can-you-buy-with-a-va-loan.html

Veterans United Home Loans 2022 VA Loan Limit Calculator
https://www.veteransunited.com/education/tools/va-loan-limit-calculator/

Median home prices rose 9% in Va. since 2021
https://www.virginiabusiness.com/article/median-home-prices-rose-9-in-va-since-2021/

BASIC ALLOWANCE FOR HOUSING
https://www.defensetravel.dod.mil/pdcgi/bah/bahsrch.cgi

Rent.com
https://www.rent.com/virginia/hampton-apartments/rent-trends

Restoration of Entitlement: How to Reuse Your VA Loan Benefit in Full
https://www.veteransunited.com/valoans/restoration-of-entitlement-how-to-reuse-your-va-loan-

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Meet Bennie Miller a 33 year Real Estate Veteran.  His credentials include:
- Associate Broker
- Certified Short Sale Specialist
- Certified Real Estate Specialist 
- Bankruptcy Specialist

Join us we discuss how to prevent banks from foreclosing on your property using strategic strategies the banks and lawyers don't want you know.  Even in bad times you have options.

You can contact Bennie Miller at 757.288.7298

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What is the purpose of life insurance and when should I get it?  Do I qualify?  When is the best time to get life insurance?  Learn how to leverage your life insurance policy as your personal bank.  All this and more with a Life Insurance Broker Habi Abu-Bakr. 

Contact Info:
C: (757) 652-4643

Make sure to like, follow and share:
FB: Habi Abu-bakr
Linkedin: Habi Abu-Bakr
IG: @mshabi__

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Tired of having your real estate offers rejected?  Learn 3 tips that will help strengthen your offer so you can finally live in your dream home. 

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Meet Ms. Stancil and follow us as we discuss:
- Insurance
- Injuries 
- Death Benefits 

myarmybenefits.us.army.mil

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Sat down with Mr. Ronnie Justice of Atlantic Bay Mortgage Group to discuss home lending.  We discuss loan types, best practices for purchasing a property, and more. 

Ronnie Justice, Jr.​
Mortgage Banker
NMLS #2126845, Licensed in VA
638 Independence Parkway, Suite 250
Chesapeake, VA 23320
Direct:  | 757-333-4796 x 5349
Mobile:  | 757-839-6107
Email:  | ronniejusticejr@atlanticbay.com
www.RonnieJusticeJrMortgage.com

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Shan & Kerry Ferdinand, owners and partners of Black Lion Realty located in Newport News, Virginia discuss several topics on their maiden podcast vouge.  Touching on topics about the local market, personal stories, and experiences.    Find out which city in the Hampton Roads (757) area is Shan's favorite and why.