How to Close the Racial Wealth Gap Through Real Estate w/Tawan Davis | Ep 186

Today's interview is with Tawan Davis, CEO of the Steinbridge Group and a passionate advocate for wealth creation through real estate. Tawan takes us on a compelling journey - from the inception of Steinbridge Group, to their evolving investment strategy, and ultimately, their vision to bridge the wealth gap for African Americans through real estate.
We delve into the reasons why single-family homes are considered the largest investable asset class in the United States. Tawan also sheds light on the triple threat currently facing American homeowners: soaring home prices, dwindling wages, and increasing interest rates.
How to find him
IG- @tawanwtdavis
Website- www.steinbridge.com/
Apply to Out of State Investing 4-Week Workshop- www.outofstatemoney.com/workshop
Timestamps
00:02:00 Meet Tawan Davis, CEO of Steinbridge Group
00:05:01 Single Family Homes: The Biggest Investment Class
00:06:48 African Americans and the housing crisis
00:12:37 PNC Bank to Help African Americans Buy a Home
00:15:28 PNC's Commitment to Neighborhoods in Transition
00:19:22 raising money
00:22:43 Family History & The Great Migration
00:26:15 Steinbridge Real Estate, Future Plans
00:27:54 What Keeps You Balanced?
This video is about: bridging the wealth gap,the color of money: black banks and the racial wealth gap,the racial wealth gap in the us,closing the wealth gap african americans,the racial wealth gap,closing the wealth gap,racial wealth gap news,what is the racial wealth gap,closing the racial wealth gap,black and white wealth gap,how does home equity contribute to the racial wealth gap,what is the black-white wealth gap in america, housing market,real estate investing,interest rates,housing,mortgage rates,housing market 2023,housing market crash,first time home buyer,investing,inflation,mortgage interest rates,mortgage rates today, tawan davis
#wealthgap #housingmarket #realestatedeveloper #realestatenews

Пікірлер: 44

  • @blackrealestatedialogue
    @blackrealestatedialogue10 ай бұрын

    Apply to Out of State Investing 4-Week Workshop- www.outofstatemoney.com/workshop

  • @misunderstoodkj
    @misunderstoodkj10 ай бұрын

    I love listening to smart black men. 🖤❤️

  • @blackrealestatedialogue

    @blackrealestatedialogue

    10 ай бұрын

    Thanks for your comment

  • @danielleathers1277
    @danielleathers127710 ай бұрын

    Episode was on point! As usual. Top 2 takeaways I learned: 1) we need to start thinking about net worth and not attaining the highest income. Our kids cannot inherit an income. 2) “The Warmth of Other Suns” is a must-read! If more of our folks read that book, we would be reminded that we came from greatness and will provide the motivation to push through modern challenges.

  • @blackrealestatedialogue

    @blackrealestatedialogue

    10 ай бұрын

    Love this comment! I appreciate you and need to add that book to my list.

  • @b.michaelbrown1117
    @b.michaelbrown111710 ай бұрын

    This brother is very informative and well spoken. I enjoyed watching. And glad I found your channel. Subscribed. 👍

  • @blackrealestatedialogue

    @blackrealestatedialogue

    10 ай бұрын

    Thanks for the support and welcome!

  • @gideon7177
    @gideon717710 ай бұрын

    Well said, the 8th wonder in the world - Compound Interest. We havent had time to compound wealth at the same rate which has so many other knock on effects.

  • @blackrealestatedialogue

    @blackrealestatedialogue

    10 ай бұрын

    Yes indeed, thanks for tuning in!

  • @khalilantonio6281
    @khalilantonio62814 ай бұрын

    This is how our people should communicate and build …

  • @blackrealestatedialogue

    @blackrealestatedialogue

    4 ай бұрын

    thank you!

  • @coachLTfit
    @coachLTfitАй бұрын

    this was such a great episode.

  • @blackrealestatedialogue

    @blackrealestatedialogue

    Ай бұрын

    Thanks so much, glad you enjoyed!

  • @jeffcourtney9489
    @jeffcourtney94892 ай бұрын

    Great interview! I'm new to the channel and loving the content! Salute King

  • @blackrealestatedialogue

    @blackrealestatedialogue

    2 ай бұрын

    Thanks for the love and welcome aboard!

  • @jansah1
    @jansah14 ай бұрын

    Loved listening to this brother. Very inspiring. We need more people like him. My only issue is his grandmother couldn’t have been a slave based on the year he said his great grandmother was born (30+ years after slavery ended).

  • @blackrealestatedialogue

    @blackrealestatedialogue

    4 ай бұрын

    Thanks for watching!

  • @AmberCrawford-pb3se
    @AmberCrawford-pb3se7 ай бұрын

    Excellent conversation!!

  • @blackrealestatedialogue

    @blackrealestatedialogue

    7 ай бұрын

    Thanks for your support!

  • @sharonmaignan8607
    @sharonmaignan860710 ай бұрын

    Wow I loved the conversation. God is all in this business and has cause the success of this billion dollar business to flourish . Amen

  • @blackrealestatedialogue

    @blackrealestatedialogue

    10 ай бұрын

    Thanks for your support!

  • @saraiday1646
    @saraiday164610 ай бұрын

    Great channel ❤

  • @blackrealestatedialogue

    @blackrealestatedialogue

    10 ай бұрын

    thanks!

  • @02nupe
    @02nupe5 ай бұрын

    Quality content! #Save #Invest #RealEstate #GenerationalWealth #HBCU

  • @blackrealestatedialogue

    @blackrealestatedialogue

    4 ай бұрын

    Thank you!

  • @user-tz2no3jg9i
    @user-tz2no3jg9i9 ай бұрын

    INSPIRATIONAL!❤

  • @blackrealestatedialogue

    @blackrealestatedialogue

    9 ай бұрын

    Thanks 🙂

  • @izm4life
    @izm4life4 ай бұрын

    I am glad I found this

  • @blackrealestatedialogue

    @blackrealestatedialogue

    4 ай бұрын

    me too!

  • @AndrewGuyton-fq1je
    @AndrewGuyton-fq1je4 ай бұрын

    The loss of time,mentioned in this video,mandates the ownership also of U.S. Savings Bonds !! In addition to the real estate mentioned.

  • @AndrewGuyton-fq1je
    @AndrewGuyton-fq1je4 ай бұрын

    One must also have a minimum of twelve months of income saved !!

  • @ergoodnews
    @ergoodnews4 ай бұрын

    Time is not money. Sorry! Please don't waste it. It can't be replaced like money

  • @blackrealestatedialogue

    @blackrealestatedialogue

    4 ай бұрын

    👍🏾

  • @sandlyalteon8246
    @sandlyalteon8246Ай бұрын

    Mr. Davis, failed to mentioned the legal structure for raising money. Most speakers never truly share the “how to”. No one wants to find themselves in trouble with “SEC” for raising money within a company without first having the correct legal structures or prospectus.

  • @blackrealestatedialogue

    @blackrealestatedialogue

    Ай бұрын

    Thank you so much for your comment. I definitely understand your desire to want to know more specifics. However, if anyone is interested in raising money, the best qualified person to advise them on their specific goal is a lawyer who has experience with setting that up

  • @sandlyalteon8246

    @sandlyalteon8246

    Ай бұрын

    @@blackrealestatedialogue I know the specifics, which is the reason I can pose my statement. Ideally, it’s best to take cognizance of your audiences and failing to state that one should seek legal counsel prior to seeking raising capital is what I deemed problematic.

  • @blackrealestatedialogue

    @blackrealestatedialogue

    Ай бұрын

    @@sandlyalteon8246 While I respect your opinion, I believe it's implied that anyone watching any of the content on this channel or any other should do their own due diligence and seek counsel before executing anything they hear. If there are any specifics you'd like to share about the process for the benefit of anyone who might be curious upon watching this video, you are more than welcome to leave it in a comment. You may also want to consider creating a video of your own on the matter as well. I'm sure it would help some folks. This channel is for entertainment purposes. No viewer should take it as legal or financial advice.

  • @sandlyalteon8246

    @sandlyalteon8246

    Ай бұрын

    @@blackrealestatedialogue first, you may consider adding a disclaimer. Second, as follows: anyone seeking to raise funds from friends, family and/or the public for any venture should have the proper share structure within their corporation, additionally, it should be known when a company should have a prospectus for their investors and if it’s needed or not needed, when & how to apply for an exemption, if not, the SEC will come down on that company and it’s director(s) with loads of violations and at time it could lead to prison time. Third, having the proper legal structure along with following SEC regulations regarding having a prospectus when soliciting investment is to protect the public/investors. Fourth, there are many scammers out there who will have people invest in their so-called projects of which those who invest may end up being victims and having all of their funds/investment gone. Thus, I made my comment so the viewers/public will be aware of the procedural process and for anyone interested in establishing a business and desiring to seeks investors’ funds will do so properly/legally, in order to avoid legal woes. Lastly, personally, I have zero interest in putting out videos; nonetheless, it’s worth noting, I am a business owner of multiple ventures and I have a great real estate portfolio. It is my hope, you see my comment as a sister looking out for you/your channel and not an attack!

  • @user-nc1nm2lb2i
    @user-nc1nm2lb2i4 ай бұрын

    Heres the thing. British enslaved africans arrived to Virginia in 1619. That doesnt apply to most American Africans. I need you all to actually know your history so youre not our here claiming ish that isnt yours. The USA was colonized by 3 countries. France,Spain,and England each bringing enslaved africans at different times. Spain started its colonization around 1492.