Jason needed to know that his investments were doing more than just putting money in his own pockets. Not that he cared about making money… on the contrary, he really appreciated making wise investments and improving his family’s financial picture. It was just that there were things more important than money to Jason.
Jason knew that somewhere there was an investment vehicle that would allow him to achieve his ROI (return on investment) goals AND contribute to the greater good. He set about searching the Internet, talking to friends and other investors, looking for an investment that combined social responsibility and a high rate of return.
Jason looked at something called “Green Bottoms.” He soon discovered that these mutual funds helped the environment, but they didn’t necessarily improve people’s lives. It wasn’t Jason’s cup of tea, and he was more familiar with real estate than mutual funds, so he kept looking.
Living in Detroit meant that Jason lived in a housing market riddled with foreclosures, and he briefly considered helping people whose homes were in or nearing foreclosure. He thought that by buying these people’s homes, at a deep discount, he could stop the foreclosure process and help them preserve their credit history.
However, the more he thought about it, the more Jason realized that this was not the kind of “help” he wanted to offer people. He knew that while he was helping them avoid the stigma of foreclosure and keep their credit histories clean, the reality was that after they sold their home to Jason, many of them were left homeless and without the equity they needed. They had. he had given her to Jason.
Not that Jason thought they’d be better off without him, which wasn’t the case at all. It was simply that he believed that the assistance he was offering was somehow incomplete and that there had to be a better way. Jason was looking for an investment that ALL parties benefit from, a true win-win-win. He was discovering that an investment like that was very difficult to come by.
Undeterred, Jason kept looking. Then one night while surfing the channels, Jason came across the show 20/20 and was interested when John Stossel talked about a young man named Ephren Taylor. The report focused on “Winning in America” and Taylor presented himself as a highly successful investor and entrepreneur. Something Taylor said during the 20/20 interview piqued Jason’s interest.
“Ephren Taylor was talking about not just making money,” explains Jason, “but giving something back to urban communities, rebuilding them, and making money at the same time. That intrigued me.”
Jason followed up on the 20/20 report by researching Ephren Taylor on the internet. He discovered that Taylor became a millionaire while he was still a teenager by creating and selling video games to his high school classmates, and is the youngest African-American CEO of a publicly traded company.
Jason also discovered that Taylor and his company, City Capital Corporation, had pioneered a first-of-its-kind socially responsible real estate investment program that combined the dual goals of a double-digit return on investment for investors. and rebuilding our nation’s urban areas. areas Jason felt that he was finally getting somewhere!
He also learned that the show was unique in another way as well. Investors could, of course, participate by putting their cash into the program, with City Capital using the funds to obtain and rehab urban housing. They would then find willing, well-qualified working-class families in need of housing, and these families became the buyers of the rehabbed homes.
But there were two other ways investors could get involved. First, tapping into a powerful but underutilized source of capital, Ephren Taylor had devised a way for individual investors to use their retirement funds, in the form of self-directed IRAs! This opened up a whole new source of investment dollars that would otherwise sit idle in mutual funds and Treasury bills, doing no one any good.
The second unique way investors could participate was by using only their good credit. Credit investors, those with a credit score of more than 700 and an annual income of more than $70,000, could participate by “lending” City Capital and its investment partners the leverage of their good credit rating, effectively securing financing. low rate for urban properties and working families in the program.
This amazed Jason with its simplicity and creativity.
“By letting people use their IRAs, or even just their good credit,” Jason observes, “Ephren Taylor effectively opened the door to investors and sources of capital that most investment vehicles completely ignore. It’s sheer genius.”
Another thing about City Capital’s socially conscious program really impressed Jason.
“Ephren Taylor and City Capital have nailed a crucial component of their program,” says Jason. “They target middle-class housing in working-family neighborhoods. There are thousands of these types of housing in every city in America, waiting to be rehabbed, and they are affordable to millions of working families.”
What that means, according to Jason, is that City Capital and its investment partners will literally never run out of homes to invest in or families to sell them to.
“Every business should have an endless supply of cheap, easy-to-get inventory AND customers ready and willing to buy,” says Jason. “That makes it a combination that can’t go wrong.”
Jason’s research led him to conclude that Ephren Taylor and City Capital Corporation deserved a serious look, and the end result was that Jason became an IRA investor. After just two years, Jason has invested in seven houses in two different cities. The results speak for themselves.
“I got double-digit returns on my investment while also being able to help rebuild two urban neighborhoods, providing safe and affordable housing for seven families. I especially appreciate how Ephren goes after entire streets, not just one house here, one house there. That can change the face of an entire neighborhood.”
Jason has recommended the socially responsible real estate investing program to several of his well-known investors, and many have since gotten involved. When someone asks him about Ephren Taylor, City Capital, or the investment program, Jason is happy to tell them the story.
He explains, “I can’t think of another show, company, or man I would recommend more than City Capital or Ephren Taylor. Your socially conscious show is exactly what I was looking for, and my family’s financial situation has improved greatly.” that’s why. You should definitely see this opportunity for yourself.”
The good news is that you can learn everything you need to know for free by visiting IRA Real Estate Investing. Who knows? You may meet Jason someday soon.