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Earn Your Leisure

EYL #114 Follow The Money feat. Jude Bernard

Earn Your Leisure

EYL Network

Education, Entrepreneurship, News, Business News, Investing, Careers, Business

4.87.8K Ratings

🗓️ 22 December 2020

⏱️ 82 minutes

🧾️ Download transcript

Summary

People like Jude Bernard don’t talk publicly too often. The real estate mogul turned a student loan check 23 years ago, into over $40 million in real estate today, by owning 13 brownstones in Harlem and Brooklyn and a commercial property called The Brooklyn Bank (a nonprofit financial institution that he owns and operates). Coming from New York City, Jude was one of the few people from the neighborhood that purchased undervalued properties before gentrification took place on a massive scale in the city.Because of his early investments and patience, his property values have skyrocketed over the past 15 years. In Episode 114 , Jude talks about his investment strategy, he tells the story of his rise to prominence during the age of gentrification, we also discussed the benefits of home equity lines of credit, single room occupancy housing better known as SRO and more. #realestate #gentrification #newyorkcity EYL University: https://www.eyluniversity.comEYL University 40% Off Sale Annual Tuition Code: EYLGuest IG: https://instagram.com/mr.judebernard?igshid=onvv5rz7va3t--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/appSupport this podcast: https://anchor.fm/earnyourleisure/support Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0

Alright guys welcome back EYL we got another exciting episode

0:05.0

Brooklyn

0:07.0

Oh, Brooklyn

0:11.0

That's a fact that's a fact so anytime we get to talk about real estate it's exciting

0:15.0

It seems like anytime we talk about real estate there's always a different avenue

0:19.0

There's so many different ways to make money within real estate

0:22.0

So this is the first time that we really had somebody from the city from New York City

0:27.0

that was really big in real estate as an investor

0:30.0

So Jew Barnard is a huge huge huge successful investor

0:36.0

I think you're a city he owns 13 brownstone between Brooklyn and Harlem

0:41.0

And he also owns a physical location the Brooklyn bank which we'll talk about

0:45.0

which is a nonprofit organization and Brooklyn as well he has real estate company

0:50.0

Just a very accomplished...

0:52.0

Wait wait, did that sound?

0:53.0

It's called Mogul Talk

0:54.0

So yeah the properties...

0:57.0

So it was an echo

0:59.0

The properties together are valued over $40 million

1:02.0

I mean if you're familiar with parts of New York City if you know brownstones

1:08.0

and Brooklyn best die area in Harlem you know that on a low end

1:14.0

1.5 million on the high end, $2.5, $3 million, $4 million

1:18.0

It's not uncommon for brownstones to go for that

...

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