Money Tips: Millennial millionaire says real estate is always going to be good bet. Bad debt is the credit card.

Money Tips: Millennial millionaire says real estate is always going to be good bet. Bad debt is the credit card.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. Justin M. Lee.

Purpose of the Interview

  • To showcase Dr. Lee’s journey from a young real estate agent to a multi-industry entrepreneur.
  • To inspire listeners with strategies for wealth-building through real estate, construction, and logistics.
  • To encourage financial literacy, ownership, and collaboration within underserved communities.
  • To issue a call to action for minorities to explore opportunities like Amazon DSP and real estate investment.

Key Takeaways

  1. Early Career & Education

    • Started young in real estate, embraced discomfort in rooms dominated by older professionals.
    • Leveraged millennial tech skills (social media marketing) to help veteran brokers grow.
    • Earned a doctorate degree and became a licensed real estate broker.
  2. Social Media as a Business Tool

    • Built a strong presence on TikTok (90K followers) and other platforms.
    • Helped older real estate firms thrive by creating digital visibility.
    • Emphasized that “business must look as good online as in person.”
  3. Financial Literacy & Homeownership

    • African-American communities often lack foundational financial knowledge.
    • Key barriers: misunderstanding credit, fear of debt, and lack of exposure to ownership benefits.
    • Advocates teaching the difference between good debt (real estate) and bad debt (consumer credit).
  4. Real Estate Process

    • Initial onboarding: credit score, income, tax filing.
    • Connect clients with lenders, secure pre-approval, then negotiate and close within 30–45 days.
    • Uses property tours as motivation even for those not yet approved.
  5. Pooling Resources for Wealth

    • Industry dominated by white men and foreign investors who use syndication.
    • Dr. Lee created a private family fund with fraternity brothers and friends.
    • Acquired 150+ apartment units and commercial properties by pooling resources and forming LLCs.
  6. Amazon DSP Opportunity

    • Owns an Amazon Delivery Service Partner business (42 trucks, 200 employees).
    • Offers minorities a chance to apply for DSP with $10K grant.
    • Taught him true CEO skills: HR, payroll, compliance, and scaling operations.
  7. Construction Business

    • Entered construction after experiencing exploitation in fix-and-flip projects.
    • Learned the business side (permits, change orders) and got licensed.
    • Built major projects like a 10,000 sq. ft. restaurant in Atlanta.
    • Advocates for Black representation in construction, an industry dominated by whites and Hispanics.
  8. Personal Background

    • Raised in New Orleans during Katrina by a single mother and grandparents.
    • Mother invested FEMA checks into real estate, teaching him property management and renovation skills early.
    • Believes knowledge is power and emphasizes planning and consistency.

Notable Quotes

  • On embracing discomfort:
    “I learned to embrace the uncomfort and make it one of my biggest strengths.”

  • On social media:
    “You have to make your business look the same way online as in person.”

  • On financial literacy:
    “Real estate is always going to be good debt. Bad debt is the Macy’s card.”

  • On collaboration:
    “Pooling resources shows how far we can go and how fast we can go—but together.”

  • On planning:
    “If you don’t plan, you plan to fail. All you have to do is stick to the plan.”

#SHMS #STRAW #BEST

Support the show: https://www.steveharveyfm.com/

See omnystudio.com/listener for privacy information.

Avsnitt(3924)

Info to Know:  He's helping homeowners navigate the process of building or buying tiny homes and their practical uses.

Info to Know: He's helping homeowners navigate the process of building or buying tiny homes and their practical uses.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Paul Dashevsky. Serial entrepreneur and founder of Maxwell, a platform focused on Accessory Dwelling Units (ADUs), also known as tiny homes: 🎯 Purpose of the Interview To educate listeners on the growing trend of Accessory Dwelling Units (ADUs), their practical uses, legal considerations, and how platforms like Maxwell help homeowners navigate the process of building or buying tiny homes—especially in light of new options like Amazon’s prefab homes. 🗝️ Key Takeaways What Are ADUs? Formerly known as tiny homes or granny flats, ADUs are small, secondary housing units built on residential properties. They range from 150 to 1200 square feet and serve various purposes: rentals, studios, housing for aging parents, or personal retreats. Growing Popularity Driven by housing shortages and affordability issues, especially in states like California. Governments are easing restrictions to allow more ADUs to be built, including San Diego’s initiative to allow unlimited ADUs if they’re affordable. Use Cases Rental income Housing for retirees or aging parents Studios (music, yoga), guest houses, or nanny quarters Amazon’s Entry Amazon now sells prefab two-story tiny homes under \$50,000. While appealing, buyers must understand the additional costs and logistics: foundation, utilities, permits, and construction. Legal & Practical Considerations ADUs must be permitted and built to code to be safe and legally rentable. Homeowners should consult their city’s building department before starting. A certificate of occupancy is required for someone to legally live in the unit. Maxwell Platform Offers resources, videos, and guidance for anyone interested in building or buying ADUs. Helps users find reliable contractors and understand the full scope of building an ADU. Impact on Property Value ADUs generally increase property value by adding rentable living space. They are a viable wealth-building strategy through real estate investment. Social Impact ADUs could be a solution to homelessness by providing affordable housing options. Cities like San Diego are already exploring this potential. 💬 Notable Quotes “You’re not building a Lego kit here.” — Paul Dashevsky on the complexity of constructing ADUs “There’s no success without sacrifice.” — Rushion McDonald, echoing the theme of entrepreneurship “Go down to your building department at your city and ask them what guidelines they have.” — Paul’s advice on starting an ADU project “If you invest in real estate… that’s a great way to build wealth.” — Paul on the financial benefits of ADUs “I wish America would look at the possibilities of seeing what ADUs can do for the homeless community.” — Rushion McDonald on the social potential of tiny homes #SHMS #STRAW #BESTSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

12 Jan 23min

News to Know: Interview explains how relationships help him build country's largest African American-owned pure tenant commercial real estate firm.

News to Know: Interview explains how relationships help him build country's largest African American-owned pure tenant commercial real estate firm.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed T. Dallas Smith. Founder and CEO of T. Dallas Smith & Company, the largest African American-owned pure tenant rep commercial real estate firm in the U.S. The discussion focused on mentorship, breaking barriers in real estate, and transformative community development. 🔑 Key Themes & Highlights Breaking Barriers in Commercial Real Estate Smith shared his journey as a trailblazer in commercial real estate, overcoming industry challenges as a Black entrepreneur. He emphasized the importance of representation and mentorship in helping minorities enter the field. Transformative Community Development His firm is focused on revitalizing marginalized communities through strategic real estate investments. He discussed the impact of Microsoft’s land acquisition near Bankhead Highway, which has led to new development opportunities. Mentorship & Leadership Growth Smith launched the Wisdom Circle, a mentorship initiative to educate young professionals about commercial real estate. He believes that exposure is key to increasing diversity in the industry. Atlanta’s Commercial Real Estate Boom As President of the Atlanta Commercial Board of REALTORS®, Smith highlighted the $47.6 billion in transactions completed by its members. He stressed that brokers play a crucial role in shaping urban development. 📘 About T. Dallas Smith Dallas Smith is a visionary leader in commercial real estate, dedicated to mentorship, community uplift, and industry transformation. His firm specializes in tenant representation, office space, industrial facilities, and land acquisitions. #BEST #STRAW #SHMSSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

12 Jan 23min

FULL SHOW: The Pastors, Sista O'Dell, Strawberry Letter: We Were Nude When We Met - 1.12.26

FULL SHOW: The Pastors, Sista O'Dell, Strawberry Letter: We Were Nude When We Met - 1.12.26

The Steve Harvey Morning Show for Monday, January 12th, 2026: Steve Harvey's Morning Inspiration | Show Open | The Pastors | Ask The CLO | Entertainment News | Diddy's Sons Releasing New Documentary | Sista O'Dell | Nephew Tommy's Prank - "Me & My Jesus" | Strawberry Letter - "We Were Nude When We Met" Pt. 1-2 | Junior's Sports Talk | Social Media Advice | Paper Straws | Would You Rather | Steve Harvey's Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

12 Jan 1h 37min

Money Tips: He emphasizes discipline, leadership, risk-taking, and strategies for building generational wealth.

Money Tips: He emphasizes discipline, leadership, risk-taking, and strategies for building generational wealth.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Keith Milner. Purpose of the Interview The interview aims to inspire aspiring entrepreneurs by sharing Keith Milner’s journey from corporate America to entrepreneurship. It emphasizes discipline, leadership, risk-taking, and strategies for building generational wealth, particularly for underrepresented communities. Key Takeaways Foundational Lessons from Childhood Growing up in a disciplined, hardworking family taught Keith accountability, integrity, and the principle of choices and consequences. Education was highly valued in his household, shaping his drive for success. Corporate vs. Entrepreneurial Mindset Corporate careers can feel secure but are often riskier because you lack control over your destiny. Entrepreneurship offers greater control and potential for generational wealth. Leadership and Teamwork Lessons from sports—teamwork, discipline, and leadership—translate directly into business success. Establishing a common goal and coaching employees is crucial, but underperformers must eventually be let go. Risk and Value Many African-Americans view entrepreneurship as risky, but Keith argues it’s less risky than employment in an at-will state. Success depends on creating value that customers are willing to pay for. Franchising Journey Relationships opened doors to Jersey Mike’s franchise ownership. Entrepreneurship requires hands-on involvement—Keith still works in his stores when needed. Advice for Aspiring Entrepreneurs Adopt a growth mindset and positive attitude. Follow the Five P’s: Plan, Prepare, Produce, Pivot, Persevere. Understand that entrepreneurship is a daily grind—“Every morning in the jungle, the lion wakes up running.” Notable Quotes On discipline and accountability:“If you said you were going to do something, you did it. If you were told to do something, you got it done.” On choices:“We make choices every day, and if you don’t make the right choice, there are consequences.” On entrepreneurship vs. employment:“Entrepreneurship and small business ownership is the best way to create generational wealth.” On leadership:“There are very few things in life you can do alone. You need people, you need a team.” On success formula:“You control the inputs, and therefore you can charge what you want—as long as you generate enough value.” On entrepreneurial mindset:“Plan, Prepare, Produce, Pivot, Persevere.” Swahili proverb:“Every morning in the jungle, the lion wakes up running… The question becomes, who’s going to run the fastest?” #SHMS #STRAW #BESTSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

12 Jan 22min

FULL SHOW: Stupid Questions, Strawberry Letter:She Was Wearing My Wig With My Husband - 1.9.26

FULL SHOW: Stupid Questions, Strawberry Letter:She Was Wearing My Wig With My Husband - 1.9.26

The Steve Harvey Morning Show for Friday, January 9th, 2026: Steve Harvey's Morning Inspiration | Show Open | Run That Prank Back - "Weed In The Church Van" | Ask The CLO | Entertainment News | What Do You... | Roscoe Wallace | Nephew Tommy's Prank - "The Blind Barber" | Strawberry Letter - "She Was Wearing My Wig Wig With My Husband" Pt. 1-2 | Junior's Sports Talk - Pimpin's NFL Playoff Picks | Social Media Advice | Ready To Love Update | Would You Rather | Steve Harvey's Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

9 Jan 1h 32min

FULL SHOW: Sick Days, Strawberry Letter: Double Standards Are A Thing Of The Past - 1..8.26

FULL SHOW: Sick Days, Strawberry Letter: Double Standards Are A Thing Of The Past - 1..8.26

The Steve Harvey Morning Show for Thursday, January 8th, 2026: Steve Harvey's Morning Inspiration | Show Open | Run That Prank Back - "Sweat Hog" | Ask The CLO | Entertainment News | Sick Days | Chris Redd | Nephew Tommy's Prank - "Weed In The Church Van" | Strawberry Letter - "Double Standards Are A Thing Of The Past" Pt. 1-2 | Junior's Sports Talk | Social Media Advice | Escaped Monkey Trashes Music Store | Would You Rather | Steve Harvey's Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

8 Jan 1h 32min

FULL SHOW: Revenge Fire, Strawberry Letter: New Year, New Body - 1.7.26

FULL SHOW: Revenge Fire, Strawberry Letter: New Year, New Body - 1.7.26

The Steve Harvey Morning Show for Wednesday, January 7th, 2026: Steve Harvey's Morning Inspiration | Show Open | Run That Prank Back - "Can I Paint Your Wife Naked?" | Ask The CLO | Entertainment News | J Rap's 1st Poem Of 2026 | Revenge Fire | Nephew Tommy's Prank - "Sweat Hog" | Strawberry Letter - "New Year, New Body" Pt. 1-2 | Junior's Sports Talk | Social Media Advice | Shirley Cooking Lessons | Would You Rather | Steve Harvey's Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

7 Jan 1h 32min

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