Category Archives: Apartment

Black Homeowner Vulnerability And Misguidance

The Black man and the Black woman are still in a peculiar economic and social position across the entire globe. As the African Union is currently making dynamic strides and strong political moves to solidify a much long overdue stake-hold of the great continent of resource rich Africa, the Black world is still positioned to beg for change instead of creating it for themselves.

The African American Union is nowhere to be found. While the resources of Africa are still being squabbled over, and their Black political body seems to be continuing their own economic and sociopolitical fight to retrieve what was lost, the economic and sociopolitical body of Black American is still maintained within the crux of a dominant white and Eurocentric value system. The Black American still to this day finds him and herself evaluating his and her success against the white man and the white woman. It appears that it will be another fifteen generations until the Black man and woman in America understand that it is only through ethnocentric reevaluation from which true cultural and community wealth is built. The Black man and woman have not learned this and much of the problem can be attributed to the psychic violence against Black people from the omnipresent barrage of American popular culture, which teaches everyone to believe in their own individuality and self success attaining prowess. This ideology is suitable for many white people, but is not for the majority of Black people. Black people as a community cannot afford to uplift one singular individual up and out of the Black community. That process of elimination is nothing more than an exiting of our most valuable resource and that is the successful and economically enriching human resource. Our community mechanism is a very different one from any other and it is imperative to maintain our most precious assets as much as possible. These individuals must be able to bring back to the Black community what they have obtained and intelligently diffuse their wealth in a manner which will benefit them as well as the community as a whole. The Chinese and the Koreans do it, so can we.

The Washington Post recently published a series of articles about the economic downfall of homeowners living in Prince George’s County, Maryland, just outside of Washington DC.

http://www.washingtonpost.com/sf/investigative/2015/01/24/the-american-dream-shatters-in-prince-georges-county/

Prince George’s County, historically within the last twenty years, was known as the neighborhood with the largest concentration of Black millionaires. Unfortunately when the subprime lending scandal blew over and many homeowners lost their home equity, Prince George’s County was one neighborhood that was hit the hardest. The predominately white communities surrounding the predominately Black enclaves have been able to recoup the majority of their equity since, however the Black neighborhoods have not been. The main reason is because no one wants to move into an all Black neighborhood simply because of this country’s racist psychology about Black people. This Black neighborhood boycott has kept the property value down in this particular neighborhood and the homeowners who have managed to stay are at their wits end. The problem is also compounded by Black people who flee the neighborhood, and rightfully so if they believe they are ruining their children’s future, and the Black people who boycott the neighborhood and choose to buy in the predominately white community believing their home equity is safer there. It is understandable to make these decisions from an individual standpoint, but this thinking only furthers the vulnerability of the Black community. It renders the Black communities as nothing more than neighborhoods, until another group buys in and creates a community out of what we have disposed of.

It is situations like the one in Prince George’s county when an African American Union would have probably done some good. Their could have been an effort to garner some financial and homeowner guidance to the community which could have educated them about the reality of American homeownership and real estate. The fact is that affluent Black people love to live around other affluent Black people and it is more important to protect the fact than to wish it the best and let it fend for itself. Those homeowners could have had an educated and culturally responsible real estate professional inform them of some of the pitfalls of refinancing and accepting new mortgage terms with new lenders. They could have probably been educated on the fact that home equity is not as important as holding on to the tangible asset of the actual home and the land in order to pass on to their children. They could have been informed of the reality of debt and how to manage it in a mature way so that even after accepting an initial loan that may have been out of reach when they first signed, that the community could have pooled their money together to save itself in entirety.

We must come together in order to defend ourselves from the economic and psychic violence which has plagued us for five hundred years. Too many of us are economically vulnerable and psychologically misguided. We can only reshape our children’s destinies for the better if we form true Black communities and work for ourselves together.

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Create Money

My son is a rich man. He’s not even born yet. His mother and I have created wealth for him before he can conceive of it for himself. My mother and father created this wealth for him, even before I could conceive of it. Their mothers and fathers created wealth for them as well. We are all rich people. As long as one lives he or she is rich, however one must recognize and realize this fact of matter. Our wealth is passed down from the generations before us. Our job is to receive it, create more wealth from it, and deliver it to others.

Money is a representation of time and how that time is or was spent. The value of that time spent is relative to the magnitude at which that time spent is or was worth to others. The more the time spent is worth for others then the more value there is to the money which represents it. Money means absolutely nothing without someone to signify its value. A dollar in the hands of no one is nothing more than a worthless shred of paper. It is a figment of matter which will erode in time if left unattended. One must attend to it and deliver it to another in order for it to matter. One who receives it must acknowledge it as a valuable note of time spent for it to belong to a derived currency of exchangeable commodity. This is the meaning and essence of money.

We perceive ourselves as either rich or poor even without money. Money does not determine the state of being rich or poor, rather it represents the state of the time spent amongst the perceived rich and the poor, whether delivered or received. The poor can deliver money to the rich and neither party feel either rich or poor. Likewise, the rich can deliver to the poor and both feel rich. The rich can believe they are poor, and the poor can believe they are rich, all while no one possesses any money. The fact is, the state of being rich or poor is based solely on how one perceives themselves and more importantly how their time has been spent. This idea is rooted into the sayings “time is money” and “money is no object.” However, those sayings are misleading, because time in fact is not money and money is actually an object. The truer saying is money represents time spent. How well or how poor someone spends their time is not a representation of money, however it does represent itself in their feeling of wealth or poverty. One must have a clear understanding of the difference between time and money in order to amass wealth.

Getting money is quite simple. Often times money is usually laying on the ground unbothered for anyone to casually pick it up and put it in their pocket. Most people walk by pennies and nickels everyday and pay them no mind because they feel it is not enough money to care to stop what they are doing to obtain it. It is understandable that such a small amount in the currency of today someone would care less about these coins and little bits of loose change, but this is one of the easiest and most convenient ways to get money. After all, if getting money is all someone would want in life then there it is sitting right there for them with very little effort to receive it. It is the idea that getting money will create wealth that leads a person astray and misguided. They will spend all of their time doing whatever it takes, whether time spent well or time spent poorly, all for the simple task of getting money. Most of the time the money they receive from simply trying to get money is not enough to satisfy their true and instinctual goal of amassing wealth. They do not feel wealthy once they get the money they’ve been seeking so they continue spending their time trying to get more money and begin to believe to themselves that they are in fact poor. They feel poor all the time while trying to get money because they do not have the amount of money they believe they need or want in order for them to feel wealthy. They have confused getting money with wealth, and have not seen the difference between the time they’ve spent and the money they have received for it. The two things are not the same. They cannot tell that others have not valued the time they’ve spent the way they would like them to because they were so focused on getting money that all others had to do was deliver them a calculated amount of it without having to truly appreciate them or their time in exchange. That is time spent poorly. While questing to get money they do not notice most of all that they are not spending their time well with others! They are selfishly seeking the object of money in exchange for this unappreciated time, therefore they receive what is current to the value of that time spent with others, which consequentially is of little value. Simply getting money will most likely lead to one simply getting money and nothing more. One would have to make believe they are rich in order for spending all their time only to get money to be fulfilling and equal to building wealth.

It is the creation of money which is equal to amassing and building wealth! Once the difference between time and money is clear then a person will spend all of their time well and wisely! They will appreciate others and will share meaningful time and energy with them. Ideas will be exchanged and innovative products and new tangible creations will arise. It is the time well spent that will garner more from others. The service of one another’s time and energy being appreciated will equate to higher values and substantially gainful working relationships. In time, these relations will cultivate networks of thinkers, builders, and energetic intellectuals who agree to work and share the time it takes to create the products one would want and more than that, but need! You see, it is the time well spent with others which creates those products we spend so much of our time to obtain. It is the time well spent that is of highest value to everyone! You cannot amass and build wealth based upon poorly spent time. Your time spent poorly will not equate to a fortune. However, one may get plenty of money while spending all of their time poorly. It is not a matter! Time spent poorly does not matter at all. One will have to believe he or she is rich in order to enjoy spending their time poorly. Why delude in such an idiotic perplexity? Spending time well and wisely is truly fulfilling and leads to actual wealth! You see the difference! Money is an object! Time well spent is wealth! They are different and will never be the same thing. Nevertheless, money can surely be created and gotten through one spending all of his or her time very well with others! It is key to first notice how well one spends their time alone which must be mastered. Only then will others see the worth in appreciating their own time spent with that him or her. Time spent well alone through seeking what it is that is worth building and creating is the beginning of amassing wealth. The creation of wealth starts by first thinking about it to oneself! One must then develop their wealthy creation and offer to share it with others. It will surely be greatly appreciated no matter how much or how little in the beginning. It will grow wealth so long as one continues to build upon it with more time well spent. To create money is to create an idea worthy of others spending their time well with that same idea. That is how wealth is built! This is how money is created. One must understand how to create money.

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1BD/1BA $3200 91st & CPW

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Call me to set up a time and day to view this apartment.

-hardwood floors
-voice intercom
-closet space
-renovated bath
-stainless steel appliances
-dishwasher
-microwave
-balcony
-elevator
-part time doorman
-across from Central Park
-near A, B, and C trains at 96th St

Let’s get you moved in!
erick@bohemiarealtygroup.com

**Applicants should have GOOD credit and make 40x the Monthly rent – or have a Guarantor who has GOOD credit and makes 80x the Monthly rent!


2BD/BA $4150 91st & CPW

20140327-001633.jpg
Call me to set up a time and day to view this apartment.

-hardwood floors
-voice intercom
-closet space
-renovated bath
-stainless steel appliances
-dishwasher
-microwave
-elevator
-part time doorman
-across from Central Park
-near A, B, and C trains at 96th St

Let’s get you moved in!
erick@bohemiarealtygroup.com

**Applicants should have GOOD credit and make 40x the Monthly rent – or have a Guarantor who has GOOD credit and makes 80x the Monthly rent!


2BD/1BA $2695 94th & Riverside Dr

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Call me and set up and appointment to view this apartment.

Elevator building with on-site laundry in the basement. Close to the 2/3 trains and Riverside Park and a short walk to Central Park and Columbia. Apartment includes 1 king size bedroom. 1 full size bedroom, a renovated kitchen with oak cabinets, granite countertops, and new stainless steel appliances (including dishwasher) and a charming living room. Available for immediate move-in (just finished renovating).

Let’s get you moved in!
erick@bohemiarealtygroup.com

**Applicants should have GOOD credit and make 40x the Monthly rent – or have a Guarantor who has GOOD credit and makes 80x the Monthly rent!
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