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Why Black Athletes Should Invest in Commercial Real Estate

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As Black athletes forge recent paths in their skilled sports careers, additionally they have an unprecedented opportunity to shape their financial futures. While lucrative contracts and sponsorships provide significant income, the volatility of athletic careers implies that constructing long-term wealth outside of the sector is essential. One of probably the most promising avenues to accomplish that is business real estate (CRE) investing.

Here’s why emerging black athletes should consider business real estate as a mainstay of their investment portfolio.

Investing in business real estate offers a stable, passive income stream that may last well beyond an athlete’s playing years, in line with one expert. Commercial properties akin to office buildings, retail spaces, and industrial complexes generate consistent rental income, providing a reliable source of income no matter an lively athlete’s status.

“Over the years, we have seen many stories of Black athletes landing big contracts today and going bankrupt tomorrow,” said ARVO Small Business CEO Ed Ryland. BLACK ENTERPRISE“And now that college athletes can take advantage of NIL agreements, it’s even more important for them to learn early on how to secure their financial future for when their playing days are over. Investing in commercial real estate is a great way to do that.”

The fantastic thing about business real estate is that its value typically increases over time, allowing investors to profit from each income and asset growth. For emerging black athletes, which means using their current earnings to secure real estate that can increase in value, providing financial security and prosperity in the long run, Ryland noted.

“Real estate investing isn’t just about immediate gains, it’s about creating a legacy of wealth that can benefit athletes and their families for generations,” Ryland added. “It’s about making smart financial choices today that will pay off in the future.”

Investing in business real estate also can function a strong tool for community empowerment. Some black athletes have been known to “buy back the block” in their old neighborhoods, helping to revitalize communities in need. These deals also help create jobs, improve local infrastructure, support small businesses, and have a positive impact that goes far beyond individual financial gain.

“Investing in commercial real estate allows athletes to give back to their communities by driving economic growth and creating opportunity,” Ryland said. “It’s a way to leverage their success to make a tangible difference in the lives of others.”

One of probably the most appealing reasons to speculate in business real estate is the tax advantages. We’ve all heard of rich business owners who pay little or no in taxes. This is because depreciation, mortgage interest deductions, and various other deductions can reduce taxable income, allowing investors to maintain more of their earnings. These tax advantages could be especially useful for athletes, who often find themselves in higher tax brackets as a result of their large earnings.

Whether you might be an expert athlete or not, Ryland advised those interested in investing in business real estate to achieve out to an expert who may help them navigate the complexities of real estate investing.

“It’s not something you want to do without the knowledge of a professional who can help you with negotiations, market analysis, property management and other aspects of the commercial real estate world,” Ryland said. “These partnerships ensure that athletes make informed decisions, maximize their investment potential and effectively manage their portfolio.”


This article was originally published on : www.blackenterprise.com
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Business and Finance

The US dollar fell as voters headed to the polls

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The US dollar dropped in value on November 5 as crowds of American voters went to the polls to forged their ballots.

The dollar even fell in betting markets like PredictIt and Polymarket indicated The probabilities of Trump winning the presidential election are increasing, Reuters reports. With Donald Trump returning to the White House with a Republican-led House and Senate, extreme currency movements ought to be expected.

Trump’s immigration and tariff policies are expected to fuel inflation, while tax cuts for the wealthy and deregulation could spur growth by pushing up longer-dated Treasury yields and pushing up the value of the dollar.

By contrast, a Democratic victory was expected to weaken the dollar as bets on Trump were withdrawn, and investors were concerned about the economic impact of upper taxes on the wealthy and stricter business regulations.

“We may be seeing some leveling off… my impression is that people are being cautious,” said Steve Englander, head of worldwide G10 FX research and macroeconomic strategy for North America at Standard Chartered Bank’s New York branch.

“Right now, the mood seems to be in favor of Trump,” Englander said. “On the other hand, for most of October and early November, Trump’s trading was characterized by a stronger dollar and higher yields.”

Globally, a Trump victory may lead to a weakening of the euro, Mexican peso and Chinese yuan, as these regions could face recent tariffs under his administration. Bitcoin rose 2.76% to $68,928, with Trump’s views seen as more favorable towards cryptocurrencies. Traders are closely watching the Federal Reserve’s two-day meeting that ends on Thursday, expecting the U.S. central bank to cut rates of interest by 25 basis points.

Elsewhere on Tuesday, the U.S. services sector rose to its highest level in greater than two years in October, with employment rebounding strongly. This suggests that the near halt in job growth last month was an aberration.


This article was originally published on : www.blackenterprise.com
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Business and Finance

First Black-owned gift wrapping brand sold at Lowe’s, Hallmark

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Ardean Miller, pioneering entrepreneur Mah Melaninis breaking barriers because the founding father of the primary Black-owned gift wrapping brand, partnering with Hallmark and Lowe’s across the country. With a concentrate on cultural representation, she founded Mah Melanin to fill a niche available in the market for products that commemorate the wonder and variety of black culture.

“When I started Mah Melanin, I wanted to create something more than just beautiful gift packaging. I wanted to start a movement — a place where our stories are told, our beauty is celebrated, and our community is uplifted,” she says. “Partnering with these iconic retailers is a testament to the growing demand for products that reflect our experiences and heritage.”

Breaking down barriers and empowering communities

The partnership with Hallmark and Lowe’s represents a big step toward greater diversity and inclusion within the retail space, reflecting a broader cultural shift. This groundbreaking achievement highlights the growing recognition of the importance of culturally authentic products that encourage and empower.

Under her leadership, Mah Melanin has developed from a small start-up right into a nationally recognized brand. The company has gained endorsements from industry icons comparable to Teddy Riley, Master P and Denise Boutte, and has been noticed by major organizations including an NBA feature and a finalist on QVC’s “The Big Find.” These awards confirm the brand’s commitment to quality, creativity and resilience.

Inspiring the subsequent generation of Black entrepreneurs

He is devoted to not only the success of his brand, but in addition supporting the expansion of other Black entrepreneurs by offering mentorship, sharing resources and creating opportunities for collaboration. Through his efforts, he wants to construct a legacy that can encourage future generations to interrupt barriers and achieve greatness,” he adds.

Mah Melanin’s journey reflects a commitment to celebrating Black culture and amplifying Black and Brown voices through its products, making a profound impact available in the market and beyond.

Discover their products at MahMelanin.com and remember to follow the brand Facebook AND Instagram

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Business and Finance

Jayson Tatum wants to invest in a potential WNBA team in St. Louis

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Jayson Tatum, Boston Celtics, $1M, homeownership


The WNBA plans to add an expansion team to its current roster, and NBA champion Jayson Tatum of the Boston Celtics plans to grow to be an investor in bringing the team to his hometown of St. Louis.

According to , Tatum is connecting two billionaires who want to bring the league’s sixteenth team to Missouri City. The ownership group is headed by billionaires Richard Chaifetz and David Hoffman. Chaifetz’s previous investments include the Alpine F1 team, Major League Pickleball and the Drone Racing League. Hoffman is a developer and owner of the Florida Everblades, a minor league affiliate of the St. Louis Blues.

But despite interest in having a WNBA team in her city, WNBA commissioner Cathy Engelbert says at the least 10 other teams will pose stiff competition.

“The good news is that we have a lot of demand from many cities,” Engelbert said before the WNBA Finals. “I might say about 10 or possibly even plus at this point because I believe the more people watch the WNBA and see what we’re developing here and see these players and the product on the court, the more persons are interested in having it in their cities “.

Tatum has informally agreed to invest in a potential WNBA team. He wants to present the group’s offer to other potential investors and the league itself behind the scenes.

The presentation shown to other potential investors outlines town’s basketball history, dating back to the times of the St. Louis Hawks, which won the NBA championship in 1958. The team can have a home at Chaifetz Arena, where the University of St. Louis is home. The 10,600-seat arena was named in honor of Chaifetz, who donated $12 million to his alma mater in 2007 just over 15 years ago in 2007.


This article was originally published on : www.blackenterprise.com
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