fbpx
Connect with us

Entrepreneurship

Andre Merkerson on Helping Communities and Building Wealth with Real Estate

Real estate is a dynamic, constantly developing industry. Learning about the many potential benefits of the industry often gets investors interested in making investments into different real estate projects, including syndications involving teams of investors owning an asset together for several years. However, potential investors need to have a genuine passion for real estate while understanding the mistakes that others have made in the past to learn from them. When properly executed, a real estate investment improves communities and helps the investors build wealth.

 

One skilled real estate investor proves that anything is possible. Andre Merkerson of Fortune Equity Properties LLC has more than 200 rental units in his portfolio and has closed on more than 100 properties YTD. While he’s achieving a higher level of success in an industry that requires you to adapt quickly, the process of attaining such goals didn’t happen overnight. According to Merkerson, there were numerous challenges and obstacles to overcome while working in the industry. 

 

“While I was in my final year of college, I decided to take a real estate course to get more credits for graduation. I didn’t expect to fall in love with real estate, but it happened. Once I graduated, I bought my first duplex, rented it to tenants, and used additional funds to buy more properties. While it sounds like it was a quick success, it wasn’t. I made the mistake of using a mom-and-pop company for property management, which led to them stealing from me. It was a major setback for me,” shared Merkerson. “It got to the point that I decided to sell my properties and attempt to put my degree to good use by purchasing a Cold Stone Ice Creamery Franchise. I owned it from 2007-2010 but didn’t make much despite working as hard as possible while putting in long hours each day. Learning from these mistakes, I decided to get back into real estate, buying another rental property in Georgia. It went uphill from there.”

 

Most people would’ve allowed these unfortunate experiences to discourage them from staying in the real estate industry with concerns of dealing with more lies, manipulation, and profit loss. However, Merkerson didn’t allow these setbacks to keep him from achieving goals and making a name for himself in the real estate industry while positively impacting communities. “The one thing I love about what I do is going into these communities and renovating abandoned, boarded-up properties. I’m transforming them into rental properties that the whole neighborhood can appreciate. It adds value to the community and makes residents appreciate where they live even more,” shared Merkerson. “I’m involved in every aspect of my business, including flipping houses, handling rentals, and wholesale. I also work as a real estate agent. Now, my goal is to help others do the same through mentorship.”

 

With hopes of jumpstarting his mentorship program and helping others build a future for themselves within the real estate industry, Andre Merkerson relies on his past experiences and extensive real estate knowledge to further his career. He continues to put effort into building better communities while increasing wealth through his many business ventures.

 

Covering entrepreneurship, tech, markets, and more! I enjoy reading or going for a nice walk in my free time. Powered by matcha :)

Join Disrupt Magazine

Become A Disrupt Contributor

Most Disruptive

Entrepreneurship9 months ago

Navy Veteran Davis Chris Takes the Music Industry by storm

In life, you need to break down anything that might be holding you back and change course if need be...

Entrepreneurship10 months ago

5 Disruptive Leaders Paving the Way in 2021

Where there is uncertainty, lies a whirlwind of opportunity. 2020 was the year that had entrepreneurs learn a great deal...

Politics1 year ago

Brock Pierce Wants To Disrupt The Two Party System And Be Your Next President

We don’t usually cover politics much here at Disrupt, but when Crypto billionaire and friend of the show, Brock Pierce...

Business1 year ago

John Mcafee – Predictions For The Future

John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...

Finance2 years ago

Gaby Wall Street – Teaching Latinas to Thrive During The Crisis

It’s no secret we are facing one of the most challenging financial times of the last few decades as we...

Entrepreneurship2 years ago

Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico

Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...

Entrepreneurship2 years ago

Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women

The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....

Marketing2 years ago

How Josh Elizetxe Built Snow Into a $40 Million Dollar Business

There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...

Entrepreneurship2 years ago

How Jason Capital Became A Self Made Millionaire By 24

Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...

Entrepreneurship3 years ago

Sam Bakhtiar On His Way To A Quarter Billion

Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...

Trending

Copyright © 2020 Disrupt ™ Magazine - Disrupt is a Minority Owned Privately Held Company

Disrupt ™ is the voice of Latino entrepreneurs around the world. We are part of a global movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.