Five brehs agreed to save $50 a week for two years, just purchased their first investment property

you're NOT "n!ggas"

FKA ciroq drobama
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"If you want to go fast, go alone. If you want to go far, go together."

This African proverb resonated with Philadelphia resident Najee Hannigan as he was thinking of a way to change not only his life, but the lives of his closest friends and family.
In 2017, the 26-year-old devised a plan for his two younger cousins, Meqai Herder, 23, and Ahmid Hill, 23, along with his long time friends, Tyree Harvey, 26, and Darius Jacobs, 26, to save and pool their money together to purchase an investment property.

“The most challenging part was getting them to understand that time is going to pass regardless, we can invest in [ourselves] or continue to let time pass us by,” Hannigan told Because of Them We Can.


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Five Friends Agreed to Save $50 a Week for Two Years, Just Purchased Their First Investment Property
 

Crude

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One of the most smartest things you can do is buy real estate, even real estate in less than desireable areas is lucrative.

People are always going to need a place to lay their head and God isn't making anymore land.

People also don't understand how you can borrow against property and get things such as appraisals to pull equity out and have cash for other investments.
 

Doobie Doo

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One of the most smartest things you can do is buy real estate, even real estate in less than desireable areas is lucrative.

People are always going to need a place to lay their head and God isn't making anymore land.

People also don't understand how you can borrow against property and get things such as appraisals to pull equity out and have cash for other investments.

Real estate is not that lucrative unless it's business real estate. Residential real estate can be profitable if you have many properties that are occupied but otherwise you are sinking money monthly into something that does not generate you a profit.
 
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