Dollar Support Community (DEC)
The pandemic has brought numerous emergencies to families of all demographic groups. But the lack of financial security, in addition to the disproportionate impact of COVID-19, has highlighted inequalities in the black community.
The racial wealth gap is nothing new. National data on differences have been available for at least three decades. However, the 2020 pandemic has provided just the right time to reach out to the community to get together and start doing something about it.
Meet The Dollar Empowered Community (DEC), a real estate syndicate founded by five black women from DeCalb County, Georgia: Darshun Kendrick, CEO and Co-Founder; Teresa Hardy, CFO and Co-Founder; Stacy Thibodeau, secretary and co-founder; Edwina Clanton, co-founder, and Amy McCoy, co-founder. The syndicate is looking for passionate community builders and investors looking to help build wealth.
DEC’s goal is to empower people in the community to invest in commercial real estate, including those who might not otherwise be able to do so. This new real estate investment syndicate regularly hosts informative discussions about cash flow generation, community investing strategies and capital asset valuation.
The DEC Real Estate Syndicate was launched in March 2021. In just three months, more than 40 investors joined the cause with a minimum of $ 2,500. Some have invested more. Now the minimum is $ 5,000 until October 1, 2021.
Read what investors have to say about the Dollar Empowered community:
“One of my goals this year was to start investing in real estate. I saw this opportunity, as well as the professionalism, dedication, dedication and experience of all the women involved, so I decided to take advantage of it. The presentation and the effort put into it helped build my confidence in my investment decision. My goal is to create residual income, start building wealth and replenish my investment portfolio. “
—Denise Parks, investor in DEC.
“I invested in DEC for a number of reasons. The shared mission “… to bridge the racial wealth gap among black Americans through the acquisition of commercial real estate for both income and capital …” is key to me. I am not black, but I see it as an investment in the community, directly in the form of participating in the acquisition of real estate and indirectly, helping to reach the fundraising target so that others can also participate in the investment. returns.
—Bona Allen, DEC Investor
“Finding wealth is often a personal endeavor. I believe DEC is a unique opportunity to join a group of like-minded people in creating an often impossible financial enterprise in DeKalb County. ”
—Ronald Mangum, DEC Investor
Investors in DEC are interested not only in increasing their own wealth, but also in being part of a community that has an interest in helping others create wealth and narrow the wealth gap. Investing in DEC is open to everyone, regardless of gender or race.
DEC invites you on September 16, 2021 to join the online discussion “Investing in Real Estate in Our Community”.
The virtual discussion will be moderated by Donna Lowry with a panel of experts that will include Keith Miles, Keith Miles’ estate planning attorney; Julian Pouncey, Investment Advisor Representative; Yonina Gray, Executive Director of Finance and Investment, Community Development Initiative; and Ramon Tux, Northstar serial real estate investor.
To register for a free online discussion and to learn more about investing in DEC, visit: www.dollarempowered.com… You can download and read the Private Placement Memorandum to find out more. Feel free to contact DEC with questions via the website.