Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviews Attorney Real Estate Developer Diana Lynch. Attorney Lynch has over two decades of litigation experience in family law and holds a license in mediation and arbitration. She handles sports, entertainment, business law, and family law cases involving divorce, child custody, child support, and property division, and we will discuss her historic 1000-acre property purchase in the Dominican Republic. But her primary purpose isn't just acquiring wealth for herself; it's inspiring the Black community to take on more ownership.
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Speaker 1 (00:04):
Welcome to Money Making Conversations.
Speaker 2 (00:06):
It's to show that she has the secrets of success
experience firsthand by marketing and branding expert Rashan McDonald. I
will know he's giving me advice on many occasions. And
in case you didn't notice, I'm not broke. You know,
he'll be interviewing celebrity CEOs, entrepreneurs and industry.
Speaker 1 (00:20):
Decision make because it's what he likes to do. It's
what he likes to share.
Speaker 2 (00:24):
Now it's time to hear from my man, Rashan McDonald
money making Conversations.
Speaker 1 (00:28):
Here we go.
Speaker 3 (00:30):
There's whether another day, another dollar, that's what they say.
Welcome to the Money Making Conversation Masterclass. I am your host,
Rashawn McDonald. Our theme is there's no perfect time to
start following your dreams. I say that every week. You know.
I think that if you keep saying something, then people
will eventually hear it.
Speaker 1 (00:47):
You know, it's like going by his store.
Speaker 3 (00:49):
If a grocery store decided it will not have it
sign on, then you will stop going in. So they
keep its sign on to remind you that you can
come in to get service. I'm going to tell you
or any day that this show airs. I'm going to
tell you that the theme is there's no perfect time
to start following your dreams. I recognize that we all
have different definitions of success. For you, and maybe the
(01:12):
size of your paycheck mine is inspiring you to accomplish
your goals and live your very best life. Do you
hear me? I know I'm preaching. I preach all the time.
I preach because you know I speaking to the Black community.
We're used to that cadence, that reverence. It's time to
start reading other people's success stories and start living your own.
That's preaching, But I'm not gonna go to that extreme
(01:33):
because people always talk about you know that purpose. You know,
people always talk purpose and gifts. You hear a lot
about that and social media because you have a gift.
Everybody has a gift, not gifts. A gift. Leave with
your gift and don't let your friends. It's very important
because there's a lot of people who have dreams that
are not That doesn't line up with your with your family,
may not line up with your friends, may not line
(01:56):
up with your loved want, your parents, your coworkers, and
guess what, they'll shut it down because they don't understand
that direction. I remember when I left IBM. I had
a great job at IM, but I told everybody wanted
to be a stand up comedian. They tried to shut
me down. Oh you go, You're gonna be the next
Richard Pride. Huh really, Eddi Murphy, really, because those were
the big names when I decided to leave IBM at
(02:18):
the time, you know, there was a dream killers. I
didn't listen to them. And my guests today are about
the American dream both of them. They're on the show
today to let you know it can happen for you.
One is a real estate developer. My first guest, listen
to me, heero, my first guest, this is a dreamer,
and I'm pretty sure people have told her this was
(02:38):
not going to happen in a lifetime. My first guest
has purchased nearly one thousand acres in the Dominican Republic
for a golf result. Not in Georgia, not in Alabama,
not Mississippi, Dominican Republic. These are American dreamers. And I'm
pretty sure people out there killing your dreams and killing
their dreams left and.
Speaker 1 (02:59):
Right saying that's impossible. What Rashan is talking about well,
guess what.
Speaker 3 (03:03):
Let's get money making conversation master class started and you're
gonna hear the truth. My first guest is an attorney
real estate developer, Diana Lynch. Attorney Lynch focused on her
practice on family, sports, entertainment, and business law. She has
over two decades worth of litigation experience and family law
and holds a license in mediation and arbitration.
Speaker 1 (03:24):
There was a difference.
Speaker 3 (03:25):
I'm gonna ask her what it's the difference between mediation
and arbitration cases involving divorce, child custody, child support, property
division all part of her specialization. We know there's a
half of America gets married, turns around, gets a divorce.
Possessing the right range of legal knowledge. She has also
handled personal injury and other general civil litigation matters as
(03:48):
a real estate developer.
Speaker 1 (03:50):
We will discuss her historic purchase.
Speaker 3 (03:51):
I said it earlier of nearly one thousand acres in
the Dominican Republic for a golf result, but gets the
text us up. This is what she really on the show.
A primary purpose isn't just acquiring wealth for herself. It's
inspiring the black community to take on more ownership. Please
work with the money making conversation Mastercline, Attorney Diana Lynch,
(04:12):
How you.
Speaker 1 (04:12):
Doing, Hi?
Speaker 4 (04:14):
How are you? Thanks for having me? Now?
Speaker 1 (04:15):
Did I get you fired up? Attorney Lynch? Don't get
you fired up? You got me.
Speaker 4 (04:18):
You got me fired up. I tell you, I just
love it when people tell us that we could do
things differently. We can live life differently, we could do
things differently when I other than when our parents told us.
I mean, if you start with where I began, you
would I wouldn't even expect that I would be here,
especially what everybody tells you. And I tell the gentleman
I mentor. I mentor a group of gentlemen. I said,
we'd never take no for an answer, And so that's
(04:41):
one of the things I said, unless it's a woman,
then even a maybe, it's a no. And you'll see
the thousands of people that I touch and the fifty
or more that I put through school in my nonprofit.
That's what they'll know when they when I meet them
and I see them on the street, I said, do
we take no for an answer? They say no, unless
it's a lady, and then even a maybe it's a no.
So yeah, that's what I I tell them.
Speaker 3 (05:00):
We turned to Lynch, you know, the first time we've spoken,
and I was reading this press release because I always
try to read and understand the persons, because I get
information that the interview is about, and we're going to
get to that if because what we're but I also
want to know. When I was reading this press release,
it said primary purpose isn't just acquiring wealth for herself.
(05:22):
It's inspiring the black community to take on more ownership.
What exactly you say in that, Well, the.
Speaker 4 (05:27):
Thing is, as a child, I grew up in Brooklyn,
New York, in a pretty urban environment. One of the
things we always aspired to do and was taught to
do this to own the land, all right, nor because
when you own the land, it comes with it quite
a bit of one responsibility, opportunity. Legacy land historically does
(05:49):
not lose value in the stock market as of investment
stock market. I was told to put money in the
stock market and do various other things, and I have historically,
after Niles and various other times, lost a lot of
money in the stock market. And what my financial advisor
will tell me is just stay in it. It's gonna
come back. And just as it comes back, we got
(06:10):
Ukraine and Russia fighting and all the way around the world.
And now we you know, our president might say so,
our former president may touch something our line, and then
our stock market, our stocks go down. So so many
other things affect our portfolio other than what we can
tangibly do. What can if it makes you feel helpless,
And one of the things that owning land does, you
(06:31):
can make strategic decisions based on market forces, appreciation and
land land appreciates, and even in both markets and various
other things, they tell you invest in land. Many you
follow the money where where are the others investing their money?
And as a young adult entering the legal profession, right
after losing quite a bit in the stock market, I said,
(06:53):
well work, I need to. I made the decision. Wasn't
popular to pull my money out, and I needed to
put it somewhere because I needed to work for myself
as a lawyer. The fortunate and unfortunate thing is that
you get paid when you when you work buillable hours. However,
I wanted something that was passive where I would be
making money even when I was not there, and real
estate was the answer for me. So I started investing
(07:14):
in properties around university campuses, various other things, so I
get a premium on my rental income. I looked at
where the trajectory was. I didn't want to just invest
in markets where it had already reached the peak of performance.
In fact, I told a story on another popular talk
show recently, and I said, I was in a meeting
with brand brand manager hotel operator because we're at that
(07:37):
stage where we have made some decisions with partnerships with
major brands, our hotel brands. And I was at the
meeting and I was the only one that looked like
me at that meeting, and I was told he said,
many of us don't want to drink the water until
it was cold. And I didn't understand what he meant,
because you know, you know how we do. We said,
(08:02):
expound on that, and I allow him to do just that, right,
because sometimes it's better to be quiet and learned and
to talk and let people know what you are.
Speaker 1 (08:10):
Right.
Speaker 4 (08:11):
So he simply said, we don't want to come to
something until is shiny on to the water's cool, until
after it's been develop and it's come out of the ground.
And unfortunately, we are not often as a people, the
culture at the table when these opportunities happen. So while
we whiley, while they may say we don't want to,
it's because a lot of times we have not been
afforded the opportunity to come to And I can give
(08:33):
you many differentations.
Speaker 3 (08:36):
You know, you're absolutely telling the truth. You know you
know and I understand exactly what he's talking about. We
always come back once the buildings built, not understanding you
could have bought the land before the building was built.
And we look at we drive through these neighborhood especially
our neighborhoods that are run down, not knowing that. I
have a very successful brother in law in Houston, and
(08:58):
he would go into our neighborhoods and he will see
run down houses and he'll go to a block. And
the city is all about any city, it's any city
in the country. They're about trying to raise tax dollars.
So if you're going to tell them that you're going
to tear down all these houses on this block, which
means you can get them, you can get these home
penny on a dollar now, okay, because people living in
(09:20):
them really aren't in a position to be able to
argue the price when you offer it to them. And
then the city will offer you concessions. Then you build
that neighborhood back up, and all of a sudden, that
means that other people are getting get moved out?
Speaker 4 (09:34):
Is it?
Speaker 3 (09:35):
Because then all of a sudden we have our local
politicians arguing that we've moved our black community, we disenfranchising people.
You know, gentrification are when that happens? Are we victims?
Speaker 1 (09:48):
Are? We're just not aware. I'm talking about the black community.
Speaker 4 (09:51):
Absolutely. I think we're missing at the opportunity right so,
and I know exactly what you mean. I have a
property downtown Atlanta was on the first I was the
only law firm in Mechanics Fille sub community in downtown Atlanta,
the closest community to the Capital of prime property right
but it had been underdeveloped. It's often been the place
where they placed a lot of Section AID in low
(10:14):
income housing, and it was I made the decision that
that was an opportunity for me to move my law
practice there. Now I represent a lot of high end
entertainers and clients. And they frowned upon it because I
left Atlantic Station, which is a thriving area, paying eight
thousand dollars a month for someone else to benefit financially,
and I said, I need to get somewhere where I
(10:35):
can own so when I pay that bill, it's going
to benefit me in the long run. And what I did.
I acquired one property, and then another, and then another,
and after a while I was sitting on a city block.
And right now we're developing what is called Signature Atlanta,
which is one of the They called us the unicorn
and the real estate digests in downtown Atlanta because we're
one of a kind. We'll be a five story mixed
(10:59):
use community where you have your commercial space at the
bottom rooftop terraces. Now, that was a property in an
area that had been underserved and not everything's coming to us.
The belt line, the bike bike relayed all the things
that are coming, and we had I was there before
it got before the water got cold. And that's how
it's been absolute.
Speaker 3 (11:20):
Let me tell you some doctor Lynch. When I when
I I turned to Lynch, you, I apologize. I turned
Lynch when I when I hear you, I hear all
this confidence. You know you, I mean you one after one,
one sentence after the next, follows follows follows. Because you
you you understand who you are. You understand your brand,
because you have a brand. How did how did that
journey get you there?
Speaker 5 (11:41):
What?
Speaker 1 (11:41):
What? What? What?
Speaker 3 (11:42):
Who mentored you? Who told you that could it could happen?
And when you went, when they said ready to say go,
you were ready to go?
Speaker 4 (11:50):
You know what? Ideally, you know, I've had many mentors,
my friends I've had. I have a unique group of
friends who, like myself, came from nothing, and we just
we aspire to want something for ourselves. And much of
my motivation is to want differently for my family. I
don't even want it for myself. I just wanted to
make sure that I would be in a position to
better my family's human condition. And that's what that legacy
(12:13):
we talk about. And so while I don't have children,
I've raised many, And while you know, while I didn't
have anything in the beginning, I was determined that each
day I was going to try to find something to
better my human condition. And so I saw out people
who were doing things that I wanted to do. If
you're the smartest person in the room, you're in the
wrong room. And so you definitely need to make sure
(12:34):
you're around people who can can educate you and inspire
you and support you, and so not just even for
my financial respective and support you morally and socially and religiously.
And so I've been blessed to have a group of
people who travel with me since college at university to
you know, just being in Atlanta. Were still my barbecue class.
(12:55):
We still hang out together and we are just We're
just a group of people who want to be better
and we know what we aspired to. So while I
didn't have anybody, and I want people to understand, while
it hasn't been done in your family before, that should
even motivate you even more to be a trail based brollizer,
be the unicorn in your family. I call myself the
(13:16):
unicorn because it's it represents strength and purity and want
of a kind uniqueness, and those are the kinds of
things that I strive to be. Is a trailblazer, Anic
doesn't dictate.
Speaker 3 (13:30):
Yeah, you know, I'm about to jump through this. This
my girl, I'm about I'm about to.
Speaker 4 (13:35):
Dive on in.
Speaker 6 (13:36):
I'm in.
Speaker 3 (13:36):
I'm in your fan club. I'm into the attorney ledch
fan club because of the fact that you know, I
just love and enjoy people who come on my show
who just when you know when you get near them,
you're near a unique thinking person, a very unique thinking person.
Speaker 5 (13:55):
We'll be right back with more Money Making Conversations Masterclass
with Rashaun McDonald. You are now tuned into the Money
Making Conversations Minute of Inspiration with Rashaan McDonald.
Speaker 3 (14:07):
Tamauri to star our family Reunion, recall spending years being
incorrectly treated for her debilitating abdomino pain. This experience inspired
Tia to sell healthy vitamin supplements.
Speaker 6 (14:19):
I decided to come out with a supplement line called
Answer to encourage and to inspire women to take back
in charge of their health. It's called Answer, insinuating you
are the Answer. And after my surgeries with indometriosis, my
doctor was like, yo, Tia, there's nothing I can do.
You kind of have to start looking at your lifestyle.
And that's exactly what I did, and I want to
(14:40):
encourage other women and people to do the same. We
have a women's multi, we have an Elderberry, we have
a kid's gummy, we have a men's line. We're going
to be coming out with several other amazing supplements.
Speaker 3 (14:53):
If you want to hear this full interview with Tiamauri,
visit Moneymakingconversation dot Com.
Speaker 1 (14:58):
Keep winning.
Speaker 5 (15:00):
Now let's return to Money Making Conversations Masterclass with Rashaun McDonald.
Speaker 3 (15:06):
When people have told you no, like you said at
the beginning of this interview, no, maybe no, but I
guess what. No, it's not gonna turn me around and
have bring tears to my eyes. It's gonna tell me
I got to take it from a different angle to
get the yes I'm trying to achieve out of his
relationship fear.
Speaker 1 (15:21):
Let's talk about fear.
Speaker 3 (15:22):
How did you overcome fear in dealing with every day?
Speaker 1 (15:27):
Knows?
Speaker 4 (15:29):
Well? You know, I encounter fear every day. You know,
things that are new to me, and I always believe
in transparency. Let's be real. You gonna see things and
encounter things that you haven't experienced before. So that's going
to create a little bit of anxiety for you. But
you got to know that God is to give you
the spirit of fear. So you have to understand that
whatever He brings you to, he'll bring you through. And
(15:51):
so while that door may close, that's because He has
a better one for you. And that's what happens repeatedly
as we developed our resort in Dominican re public. We
did not stop at the fact that we're the only
African American development firm that was down there developing, and
so we did not try to just do, oh we
can we can together do four houses and just build
(16:12):
it and sit on it for ourselves. We wanted to
make sure that we create something so when we have
our conferences and our Manster's venue, we don't have to
go someplace where we're only welcomed the months out of
the year and leave thousands of dollars. We can actually
benefit from the fact that we actually can acquire something.
We can build a legacy for our families. We can
(16:32):
have our conferences and conventions. We can recreate a Manster's
vineyard on our own land and land that was settled
by apples and by laws.
Speaker 3 (16:40):
I was not mistaken when I said, doctor Lynch, she's
peddling that medicine, that medicine of inspiration, that medicine of motivation.
She's the attorney by law, but she's a medicine, she's
a healer, she's a motivator. Somebody who can go to
another country and buy one thousand acres in a country's
(17:02):
dominic in public republic a turn to Lynch, the floor
is yours.
Speaker 4 (17:07):
Well, thank you again for the opportunity to speak to
your audiences. Because when I want to do more than
anything is inspire ourselves get out of our own way. Okay,
many people say I've been taught buy your home, develop equity,
pay it off right. That is just not a good
financial strategy when you're talking about you know, you have
(17:27):
a million, two hundred, especially in this market, thousands of
dollars in your home. But you then when you need money,
you leverage commercial debt where interest rates are hire, et cetera. Certainly,
don't overprice yourself. Get get there. There is a way
to attach equity that you have in your home, and
oh so many other ways where you say, well, look
I just got a home. I don't have the ability
(17:47):
to buy abroad and do all this, but you do
because you have the ability. One. You may have equity
in your home. You may have assets that are underperforming
in the stock market. You may have a family or
people say family office, but we all have familys. We
have families. We can get together to take a trip
or spend ten thousand dollars in Marth's vinyard, or to
get together to get a boy's trip, but we don't
(18:08):
have ten thousand dollars to pool together to collectively purchase
our locks. Initially started at fifty thousand, they're now one
hundred and seventy thousand and a half acre. If someone
had gotten in there, they could have taken he and
his boys and gotten a lot and then have an
opportunity to either flip that at some point and make
appreciate well above what the market's doing, or to hold
(18:29):
and have an opportunity to build and build a short
term rental income where if you're talking about a short
term airbnb is the binnacular term for it, but it's
short term rental. If you have that in downtown Atlanta
or in some places, yes you make one hundred dollars
a night. But what happens if you have that same
property in the Dominican Republic Insamana, which is known for
(18:51):
its being the Martians Vineyard of the dr this area
that's preserved and reserved for US land with beautiful waterfalls
and beaches and BURI. So I think, what how much
you think you can get that for? And then when
you see a resort that has an eighteen hole golf
course that has an opportunity to have an amphithea or
sports facility all that. How much you think you're going
(19:11):
to get for that a month and can I'm perhaps
lease that out enough so that I can be able
to have it pay for itself, pull out a week
or two when I want a vacation with my family,
but still have it to create generational wealth. That's the formula,
because you can get in low enough and we still
have opportunities not only to buy, but for investment opportunities.
Because as you indicate it, yes, we've taken down quite
(19:33):
a bit of property on the contract with and purchased
various acres of land, but there's so many other key
parcels that with the right partnerships, we can take down
that whole region. And so what we are doing is
being purposeful. The land was originally settled by emancipated Americans
in eighteen twenty four that settled there. The Dominican government
(19:53):
has been very receptive to having us there. And even
those individuals that sold this to the land, they said
they were coached by other groups. Canadians, are Europeans, various
other things, and they did not sell to them. They
said when they when my kind of parts. Sat at
the table, they said, We've been waiting for you, and
they wanted to sell to America. There is a connection
(20:15):
between that community. They're educated there many one of them
is a judge in King's County, New York and where
I'm from, and so those original descendants of this land,
so where they believe in education and so many other things.
We need to invest our dollars where they want our
dollars and where we can grow and build generation away.
Speaker 3 (20:35):
You know, it's really important people to hear this because
it's so difficult the not only just purchase landing in
the United States, but when you go to another country,
it's even more difficult. Can you walk through some of
the steps that you have to go through, the considered
and some of the paperwork, not to revealing the whole process,
but I just want people to wrap there. You know,
you know, you get you get angry upset when you
(20:56):
see this big, old, thick piece of clothes eyed paperwork
that you got to sign signing papers and you know
why you sign it, but you just try to get
that home. It had to be really mind boggling to
go into the Dominican Republic, and I'm pretty sure. Your
acres just kind of grew. You know, you started this
parcel and then another opportunity is being offered. Did you
start out nearly a thousand acres or you started with
(21:17):
a small amount and you start building.
Speaker 4 (21:19):
Absolutely not. We originally had a kind of part that
had been building forty two condominiums. They still have those,
they have they've sold out half of that condominium complex.
So they originally started there. They introduced us to this
particular expanded land because our kind of parts wanted a
golf course. They said, look, we need a golf course,
and it's not a golf course over here. And because
(21:42):
of that, what you would instinctively say is, look, that's
kind of a reach, right, we just want these forty
two condoms rights, right, But what you have to do
you can't talk yourself out of something, right, because what
God has for you is for you. And what we
were able to do is leverage the relationships that we have.
You want to make sure you have appropriate legal counsel
(22:02):
on the ground. Don't start doing the underhand and I
got to pay play. That's not really has that's not
how it has to be done. Do it right. Make
sure you have permits. We have permits. We didn't. We
certainly could have built quickly and sold without permits and
done our sold with before we even started building. We
didn't do that. We're doing it the right way. Our
(22:22):
American developers who are familiar with developing in the US
and some of my counter process are familiar with developing
throughout the world. But what we also did is we
leveraged the relationships of experts right because you know, we
got to bring back excellence because we as a people
expect that of ourselves. We're real skeptical of our own
unfortunately and regrettably, and that also gets in our way.
But that's another conversation. But what we did is we
(22:45):
leverage experts who have done it before, who have had
forty fifty years of resort development. In Lakala, Fiji, our
design team has developed Red Bull Island for the owner
of Red Bull. I mean they have five star properties
under the belt. You get those people, you make sure
you get the right team. You make sure you have
appropriate legal counselor. For everything we had in DR, we
(23:06):
had in the US. So if we had a tax
advisor in DR, we had a tax divisors were in
the US. We had a civil engineer in the DR
We had our civil engineers in the US, and then
you have them to match up with each other. Make
sure the standards are that of what we expect as
Americans as far as the build and you want, you
make sure that you have you don't rush you know
(23:29):
the people. That's the thing that I think benefited us,
these people who have have worked with us. I've been
a lawyer in Atlanta for thirty years. I've retired, Thank goodness.
I've retired because I got tired of tearing down things, mergers, acquisitions, families,
those sorts of things. And now I'm building. And so
this is the place that I can wrap my head
and my faith around because I'm building something that that
(23:51):
builds up families.
Speaker 3 (23:53):
Somebody jumped on the line or like you gotta find
up here, attorney LEDs Okay, and I want to just
point that out. This is an all black investment group
that's involved in this purchase.
Speaker 1 (24:02):
Correct.
Speaker 4 (24:03):
Yes, we're We're a bunch of developers that have actually
developed many properties like my my property, downtown Atlanta, Signature
Atlanta that mix use communities coming out. We're building here,
We're building there. We have we congratulations and la property.
Speaker 3 (24:18):
Yes, Diva, you're on the line here speaking to ra
Sean mcdonaland Money Making Conversation master Class, as well as
the turn Oh.
Speaker 7 (24:26):
Yes, yes, yes, yes, yes yes. How are we doing?
How are we doing? God bless sto blessed.
Speaker 5 (24:31):
Wow.
Speaker 7 (24:32):
I'mlike super super excited. Rashaan, thank you so much. I
love your show. I've been listening to you for about
two years now. I've learned so much from you and
your guests. God bless you. I appreciate you and doctor Lynch. Oh,
miss lady, and let me tell you this is Today
has been a day that I've been getting confirmation. First
(24:55):
of all, I'm gonna go be bake investors. I am
still okay keeping it transparent. I'm new, but I've been
dabbling over twenty years, Okay, I look forward to twenty
years and right now I have my company and my
business my LLC is called Breakthroing Overflow, and I want
(25:15):
to invest in and develop homes, push group homes for
group homes to get back. I'm a veteran, I've been homeless.
But really, what I would like to do, I really
would love to know as a as a new investor
and doing what you're doing. I actually just invested in
(25:37):
my first true investment property in Panama and wherever I
go going up kindam I have a beachfront condo. So
like how you're saying, I used my home. I bought
my home in twenty twenty one and I was able
to use my equity with you know where everything went up,
use that equity to invest and get my rental property.
(25:58):
So that's been a lifelong dream. And also you know
it would be invest and everything. But I'm all about
giving back, and so I really love the whole philosophy
of what you're doing, a whole concept of what you're doing.
And I really truly am looking for a mentor. And
(26:18):
I know that's a lot you.
Speaker 1 (26:20):
Knows, now.
Speaker 3 (26:26):
You know.
Speaker 4 (26:27):
Well, let me say this. Let me say first, thank
you for your service. I'm a former Navy jack myself,
so I appreciate your service. I like the fact that
you understood that there was a better use for your
equity than sitting it in your home and leaving it there.
The interest rates that are associated with certainly the last
couple of years, with interests associated with your home equity
(26:48):
is far lower than commercial debt that you can get.
It's more accessible, but even with the increase in interest rates,
it still are far out pacing a lot of other
commercial debt, family offices, various other ways that you may
have to use to finance a second home or an
investment property. But one of the things I like is
you said you're new. But that's that's the beauty of it,
(27:08):
because what you're doing is you're listening to people like
money making conversations. You're investing in yourself when you're actually
learning the trade. Right, So you're not just saying I'm
just gonna go out there. You got to learn the
business that you're in. Be willing to educate yourself, be
willing to stop surround yours And the fact that you're
asking for a mentor tells me that you're willing to grow.
(27:28):
And that's what I needed at my time when I started,
and what and all of us continue to need. You
want to surround yourself with people who use doing it.
And so you're in your mindset is excellent and that
there's nothing wrong with being new. It's only wrong when
you be new, and you just rest in that, Oh
I'm new, so I'm gonna no learn, be around people,
(27:49):
figure it out. You already made the first step by
accessing some of your capital and your home.
Speaker 3 (27:54):
Okay, turn Lynch, How can I get in touch with you?
What is the website? Can you give that information? Because
I'm gonna be honest with you. I do a lot
of these interviews and your your tone, your your your
your cadence, your honesty, your history. You want of these people,
Just google her, Just google her name. You'll see the
credibility of this conversation and the legitimacy of what we're
(28:15):
trying to do on Money Making Conversation Masterclass. How can
we reach out to you? And what is the website
for the for the golf resort in the Dominican Republic.
Speaker 4 (28:23):
You can connect with me personally at Thediana Lynch dot
com the d I A n A L y n
c h dot com. It does list the two projects
that I have going on in Atlanta and in the
Dominican Republic. The direct website and all all social media
platforms for the resort the golfers are in the Dominican
Republic is Almadisamana dot com.
Speaker 5 (28:52):
Thank you for joining us for this edition of Money
Making Conversations Masterclass Money Making Conversations. Masterclass with Your John
McDonald is produced by thirty eight fifteen Media Inc. More
information about thirty eight fifteen Media Inc. Is available at
thirty eight fifteen media dot com. And always remember to
lead with your gifts.
Welcome to Money Making Conversations.
Speaker 2 (00:06):
It's to show that she has the secrets of success
experience firsthand by marketing and branding expert Rashan McDonald. I
will know he's giving me advice on many occasions. And
in case you didn't notice, I'm not broke. You know,
he'll be interviewing celebrity CEOs, entrepreneurs and industry.
Speaker 1 (00:20):
Decision make because it's what he likes to do. It's
what he likes to share.
Speaker 2 (00:24):
Now it's time to hear from my man, Rashan McDonald
money making Conversations.
Speaker 1 (00:28):
Here we go.
Speaker 3 (00:30):
There's whether another day, another dollar, that's what they say.
Welcome to the Money Making Conversation Masterclass. I am your host,
Rashawn McDonald. Our theme is there's no perfect time to
start following your dreams. I say that every week. You know.
I think that if you keep saying something, then people
will eventually hear it.
Speaker 1 (00:47):
You know, it's like going by his store.
Speaker 3 (00:49):
If a grocery store decided it will not have it
sign on, then you will stop going in. So they
keep its sign on to remind you that you can
come in to get service. I'm going to tell you
or any day that this show airs. I'm going to
tell you that the theme is there's no perfect time
to start following your dreams. I recognize that we all
have different definitions of success. For you, and maybe the
(01:12):
size of your paycheck mine is inspiring you to accomplish
your goals and live your very best life. Do you
hear me? I know I'm preaching. I preach all the time.
I preach because you know I speaking to the Black community.
We're used to that cadence, that reverence. It's time to
start reading other people's success stories and start living your own.
That's preaching, But I'm not gonna go to that extreme
(01:33):
because people always talk about you know that purpose. You know,
people always talk purpose and gifts. You hear a lot
about that and social media because you have a gift.
Everybody has a gift, not gifts. A gift. Leave with
your gift and don't let your friends. It's very important
because there's a lot of people who have dreams that
are not That doesn't line up with your with your family,
may not line up with your friends, may not line
(01:56):
up with your loved want, your parents, your coworkers, and
guess what, they'll shut it down because they don't understand
that direction. I remember when I left IBM. I had
a great job at IM, but I told everybody wanted
to be a stand up comedian. They tried to shut
me down. Oh you go, You're gonna be the next
Richard Pride. Huh really, Eddi Murphy, really, because those were
the big names when I decided to leave IBM at
(02:18):
the time, you know, there was a dream killers. I
didn't listen to them. And my guests today are about
the American dream both of them. They're on the show
today to let you know it can happen for you.
One is a real estate developer. My first guest, listen
to me, heero, my first guest, this is a dreamer,
and I'm pretty sure people have told her this was
(02:38):
not going to happen in a lifetime. My first guest
has purchased nearly one thousand acres in the Dominican Republic
for a golf result. Not in Georgia, not in Alabama,
not Mississippi, Dominican Republic. These are American dreamers. And I'm
pretty sure people out there killing your dreams and killing
their dreams left and.
Speaker 1 (02:59):
Right saying that's impossible. What Rashan is talking about well,
guess what.
Speaker 3 (03:03):
Let's get money making conversation master class started and you're
gonna hear the truth. My first guest is an attorney
real estate developer, Diana Lynch. Attorney Lynch focused on her
practice on family, sports, entertainment, and business law. She has
over two decades worth of litigation experience and family law
and holds a license in mediation and arbitration.
Speaker 1 (03:24):
There was a difference.
Speaker 3 (03:25):
I'm gonna ask her what it's the difference between mediation
and arbitration cases involving divorce, child custody, child support, property
division all part of her specialization. We know there's a
half of America gets married, turns around, gets a divorce.
Possessing the right range of legal knowledge. She has also
handled personal injury and other general civil litigation matters as
(03:48):
a real estate developer.
Speaker 1 (03:50):
We will discuss her historic purchase.
Speaker 3 (03:51):
I said it earlier of nearly one thousand acres in
the Dominican Republic for a golf result, but gets the
text us up. This is what she really on the show.
A primary purpose isn't just acquiring wealth for herself. It's
inspiring the black community to take on more ownership. Please
work with the money making conversation Mastercline, Attorney Diana Lynch,
(04:12):
How you.
Speaker 1 (04:12):
Doing, Hi?
Speaker 4 (04:14):
How are you? Thanks for having me? Now?
Speaker 1 (04:15):
Did I get you fired up? Attorney Lynch? Don't get
you fired up? You got me.
Speaker 4 (04:18):
You got me fired up. I tell you, I just
love it when people tell us that we could do
things differently. We can live life differently, we could do
things differently when I other than when our parents told us.
I mean, if you start with where I began, you
would I wouldn't even expect that I would be here,
especially what everybody tells you. And I tell the gentleman
I mentor. I mentor a group of gentlemen. I said,
we'd never take no for an answer, And so that's
(04:41):
one of the things I said, unless it's a woman,
then even a maybe, it's a no. And you'll see
the thousands of people that I touch and the fifty
or more that I put through school in my nonprofit.
That's what they'll know when they when I meet them
and I see them on the street, I said, do
we take no for an answer? They say no, unless
it's a lady, and then even a maybe it's a no.
So yeah, that's what I I tell them.
Speaker 3 (05:00):
We turned to Lynch, you know, the first time we've spoken,
and I was reading this press release because I always
try to read and understand the persons, because I get
information that the interview is about, and we're going to
get to that if because what we're but I also
want to know. When I was reading this press release,
it said primary purpose isn't just acquiring wealth for herself.
(05:22):
It's inspiring the black community to take on more ownership.
What exactly you say in that, Well, the.
Speaker 4 (05:27):
Thing is, as a child, I grew up in Brooklyn,
New York, in a pretty urban environment. One of the
things we always aspired to do and was taught to
do this to own the land, all right, nor because
when you own the land, it comes with it quite
a bit of one responsibility, opportunity. Legacy land historically does
(05:49):
not lose value in the stock market as of investment
stock market. I was told to put money in the
stock market and do various other things, and I have historically,
after Niles and various other times, lost a lot of
money in the stock market. And what my financial advisor
will tell me is just stay in it. It's gonna
come back. And just as it comes back, we got
(06:10):
Ukraine and Russia fighting and all the way around the world.
And now we you know, our president might say so,
our former president may touch something our line, and then
our stock market, our stocks go down. So so many
other things affect our portfolio other than what we can
tangibly do. What can if it makes you feel helpless,
And one of the things that owning land does, you
(06:31):
can make strategic decisions based on market forces, appreciation and
land land appreciates, and even in both markets and various
other things, they tell you invest in land. Many you
follow the money where where are the others investing their money?
And as a young adult entering the legal profession, right
after losing quite a bit in the stock market, I said,
(06:53):
well work, I need to. I made the decision. Wasn't
popular to pull my money out, and I needed to
put it somewhere because I needed to work for myself
as a lawyer. The fortunate and unfortunate thing is that
you get paid when you when you work buillable hours. However,
I wanted something that was passive where I would be
making money even when I was not there, and real
estate was the answer for me. So I started investing
(07:14):
in properties around university campuses, various other things, so I
get a premium on my rental income. I looked at
where the trajectory was. I didn't want to just invest
in markets where it had already reached the peak of performance.
In fact, I told a story on another popular talk
show recently, and I said, I was in a meeting
with brand brand manager hotel operator because we're at that
(07:37):
stage where we have made some decisions with partnerships with
major brands, our hotel brands. And I was at the
meeting and I was the only one that looked like
me at that meeting, and I was told he said,
many of us don't want to drink the water until
it was cold. And I didn't understand what he meant,
because you know, you know how we do. We said,
(08:02):
expound on that, and I allow him to do just that, right,
because sometimes it's better to be quiet and learned and
to talk and let people know what you are.
Speaker 1 (08:10):
Right.
Speaker 4 (08:11):
So he simply said, we don't want to come to
something until is shiny on to the water's cool, until
after it's been develop and it's come out of the ground.
And unfortunately, we are not often as a people, the
culture at the table when these opportunities happen. So while
we whiley, while they may say we don't want to,
it's because a lot of times we have not been
afforded the opportunity to come to And I can give
(08:33):
you many differentations.
Speaker 3 (08:36):
You know, you're absolutely telling the truth. You know you
know and I understand exactly what he's talking about. We
always come back once the buildings built, not understanding you
could have bought the land before the building was built.
And we look at we drive through these neighborhood especially
our neighborhoods that are run down, not knowing that. I
have a very successful brother in law in Houston, and
(08:58):
he would go into our neighborhoods and he will see
run down houses and he'll go to a block. And
the city is all about any city, it's any city
in the country. They're about trying to raise tax dollars.
So if you're going to tell them that you're going
to tear down all these houses on this block, which
means you can get them, you can get these home
penny on a dollar now, okay, because people living in
(09:20):
them really aren't in a position to be able to
argue the price when you offer it to them. And
then the city will offer you concessions. Then you build
that neighborhood back up, and all of a sudden, that
means that other people are getting get moved out?
Speaker 4 (09:34):
Is it?
Speaker 3 (09:35):
Because then all of a sudden we have our local
politicians arguing that we've moved our black community, we disenfranchising people.
You know, gentrification are when that happens? Are we victims?
Speaker 1 (09:48):
Are? We're just not aware. I'm talking about the black community.
Speaker 4 (09:51):
Absolutely. I think we're missing at the opportunity right so,
and I know exactly what you mean. I have a
property downtown Atlanta was on the first I was the
only law firm in Mechanics Fille sub community in downtown Atlanta,
the closest community to the Capital of prime property right
but it had been underdeveloped. It's often been the place
where they placed a lot of Section AID in low
(10:14):
income housing, and it was I made the decision that
that was an opportunity for me to move my law
practice there. Now I represent a lot of high end
entertainers and clients. And they frowned upon it because I
left Atlantic Station, which is a thriving area, paying eight
thousand dollars a month for someone else to benefit financially,
and I said, I need to get somewhere where I
(10:35):
can own so when I pay that bill, it's going
to benefit me in the long run. And what I did.
I acquired one property, and then another, and then another,
and after a while I was sitting on a city block.
And right now we're developing what is called Signature Atlanta,
which is one of the They called us the unicorn
and the real estate digests in downtown Atlanta because we're
one of a kind. We'll be a five story mixed
(10:59):
use community where you have your commercial space at the
bottom rooftop terraces. Now, that was a property in an
area that had been underserved and not everything's coming to us.
The belt line, the bike bike relayed all the things
that are coming, and we had I was there before
it got before the water got cold. And that's how
it's been absolute.
Speaker 3 (11:20):
Let me tell you some doctor Lynch. When I when
I I turned to Lynch, you, I apologize. I turned
Lynch when I when I hear you, I hear all
this confidence. You know you, I mean you one after one,
one sentence after the next, follows follows follows. Because you
you you understand who you are. You understand your brand,
because you have a brand. How did how did that
journey get you there?
Speaker 5 (11:41):
What?
Speaker 1 (11:41):
What? What? What?
Speaker 3 (11:42):
Who mentored you? Who told you that could it could happen?
And when you went, when they said ready to say go,
you were ready to go?
Speaker 4 (11:50):
You know what? Ideally, you know, I've had many mentors,
my friends I've had. I have a unique group of
friends who, like myself, came from nothing, and we just
we aspire to want something for ourselves. And much of
my motivation is to want differently for my family. I
don't even want it for myself. I just wanted to
make sure that I would be in a position to
better my family's human condition. And that's what that legacy
(12:13):
we talk about. And so while I don't have children,
I've raised many, And while you know, while I didn't
have anything in the beginning, I was determined that each
day I was going to try to find something to
better my human condition. And so I saw out people
who were doing things that I wanted to do. If
you're the smartest person in the room, you're in the
wrong room. And so you definitely need to make sure
(12:34):
you're around people who can can educate you and inspire
you and support you, and so not just even for
my financial respective and support you morally and socially and religiously.
And so I've been blessed to have a group of
people who travel with me since college at university to
you know, just being in Atlanta. Were still my barbecue class.
(12:55):
We still hang out together and we are just We're
just a group of people who want to be better
and we know what we aspired to. So while I
didn't have anybody, and I want people to understand, while
it hasn't been done in your family before, that should
even motivate you even more to be a trail based brollizer,
be the unicorn in your family. I call myself the
(13:16):
unicorn because it's it represents strength and purity and want
of a kind uniqueness, and those are the kinds of
things that I strive to be. Is a trailblazer, Anic
doesn't dictate.
Speaker 3 (13:30):
Yeah, you know, I'm about to jump through this. This
my girl, I'm about I'm about to.
Speaker 4 (13:35):
Dive on in.
Speaker 6 (13:36):
I'm in.
Speaker 3 (13:36):
I'm in your fan club. I'm into the attorney ledch
fan club because of the fact that you know, I
just love and enjoy people who come on my show
who just when you know when you get near them,
you're near a unique thinking person, a very unique thinking person.
Speaker 5 (13:55):
We'll be right back with more Money Making Conversations Masterclass
with Rashaun McDonald. You are now tuned into the Money
Making Conversations Minute of Inspiration with Rashaan McDonald.
Speaker 3 (14:07):
Tamauri to star our family Reunion, recall spending years being
incorrectly treated for her debilitating abdomino pain. This experience inspired
Tia to sell healthy vitamin supplements.
Speaker 6 (14:19):
I decided to come out with a supplement line called
Answer to encourage and to inspire women to take back
in charge of their health. It's called Answer, insinuating you
are the Answer. And after my surgeries with indometriosis, my
doctor was like, yo, Tia, there's nothing I can do.
You kind of have to start looking at your lifestyle.
And that's exactly what I did, and I want to
(14:40):
encourage other women and people to do the same. We
have a women's multi, we have an Elderberry, we have
a kid's gummy, we have a men's line. We're going
to be coming out with several other amazing supplements.
Speaker 3 (14:53):
If you want to hear this full interview with Tiamauri,
visit Moneymakingconversation dot Com.
Speaker 1 (14:58):
Keep winning.
Speaker 5 (15:00):
Now let's return to Money Making Conversations Masterclass with Rashaun McDonald.
Speaker 3 (15:06):
When people have told you no, like you said at
the beginning of this interview, no, maybe no, but I
guess what. No, it's not gonna turn me around and
have bring tears to my eyes. It's gonna tell me
I got to take it from a different angle to
get the yes I'm trying to achieve out of his
relationship fear.
Speaker 1 (15:21):
Let's talk about fear.
Speaker 3 (15:22):
How did you overcome fear in dealing with every day?
Speaker 1 (15:27):
Knows?
Speaker 4 (15:29):
Well? You know, I encounter fear every day. You know,
things that are new to me, and I always believe
in transparency. Let's be real. You gonna see things and
encounter things that you haven't experienced before. So that's going
to create a little bit of anxiety for you. But
you got to know that God is to give you
the spirit of fear. So you have to understand that
whatever He brings you to, he'll bring you through. And
(15:51):
so while that door may close, that's because He has
a better one for you. And that's what happens repeatedly
as we developed our resort in Dominican re public. We
did not stop at the fact that we're the only
African American development firm that was down there developing, and
so we did not try to just do, oh we
can we can together do four houses and just build
(16:12):
it and sit on it for ourselves. We wanted to
make sure that we create something so when we have
our conferences and our Manster's venue, we don't have to
go someplace where we're only welcomed the months out of
the year and leave thousands of dollars. We can actually
benefit from the fact that we actually can acquire something.
We can build a legacy for our families. We can
(16:32):
have our conferences and conventions. We can recreate a Manster's
vineyard on our own land and land that was settled
by apples and by laws.
Speaker 3 (16:40):
I was not mistaken when I said, doctor Lynch, she's
peddling that medicine, that medicine of inspiration, that medicine of motivation.
She's the attorney by law, but she's a medicine, she's
a healer, she's a motivator. Somebody who can go to
another country and buy one thousand acres in a country's
(17:02):
dominic in public republic a turn to Lynch, the floor
is yours.
Speaker 4 (17:07):
Well, thank you again for the opportunity to speak to
your audiences. Because when I want to do more than
anything is inspire ourselves get out of our own way. Okay,
many people say I've been taught buy your home, develop equity,
pay it off right. That is just not a good
financial strategy when you're talking about you know, you have
(17:27):
a million, two hundred, especially in this market, thousands of
dollars in your home. But you then when you need money,
you leverage commercial debt where interest rates are hire, et cetera. Certainly,
don't overprice yourself. Get get there. There is a way
to attach equity that you have in your home, and
oh so many other ways where you say, well, look
I just got a home. I don't have the ability
(17:47):
to buy abroad and do all this, but you do
because you have the ability. One. You may have equity
in your home. You may have assets that are underperforming
in the stock market. You may have a family or
people say family office, but we all have familys. We
have families. We can get together to take a trip
or spend ten thousand dollars in Marth's vinyard, or to
get together to get a boy's trip, but we don't
(18:08):
have ten thousand dollars to pool together to collectively purchase
our locks. Initially started at fifty thousand, they're now one
hundred and seventy thousand and a half acre. If someone
had gotten in there, they could have taken he and
his boys and gotten a lot and then have an
opportunity to either flip that at some point and make
appreciate well above what the market's doing, or to hold
(18:29):
and have an opportunity to build and build a short
term rental income where if you're talking about a short
term airbnb is the binnacular term for it, but it's
short term rental. If you have that in downtown Atlanta
or in some places, yes you make one hundred dollars
a night. But what happens if you have that same
property in the Dominican Republic Insamana, which is known for
(18:51):
its being the Martians Vineyard of the dr this area
that's preserved and reserved for US land with beautiful waterfalls
and beaches and BURI. So I think, what how much
you think you can get that for? And then when
you see a resort that has an eighteen hole golf
course that has an opportunity to have an amphithea or
sports facility all that. How much you think you're going
(19:11):
to get for that a month and can I'm perhaps
lease that out enough so that I can be able
to have it pay for itself, pull out a week
or two when I want a vacation with my family,
but still have it to create generational wealth. That's the formula,
because you can get in low enough and we still
have opportunities not only to buy, but for investment opportunities.
Because as you indicate it, yes, we've taken down quite
(19:33):
a bit of property on the contract with and purchased
various acres of land, but there's so many other key
parcels that with the right partnerships, we can take down
that whole region. And so what we are doing is
being purposeful. The land was originally settled by emancipated Americans
in eighteen twenty four that settled there. The Dominican government
(19:53):
has been very receptive to having us there. And even
those individuals that sold this to the land, they said
they were coached by other groups. Canadians, are Europeans, various
other things, and they did not sell to them. They
said when they when my kind of parts. Sat at
the table, they said, We've been waiting for you, and
they wanted to sell to America. There is a connection
(20:15):
between that community. They're educated there many one of them
is a judge in King's County, New York and where
I'm from, and so those original descendants of this land,
so where they believe in education and so many other things.
We need to invest our dollars where they want our
dollars and where we can grow and build generation away.
Speaker 3 (20:35):
You know, it's really important people to hear this because
it's so difficult the not only just purchase landing in
the United States, but when you go to another country,
it's even more difficult. Can you walk through some of
the steps that you have to go through, the considered
and some of the paperwork, not to revealing the whole process,
but I just want people to wrap there. You know,
you know, you get you get angry upset when you
(20:56):
see this big, old, thick piece of clothes eyed paperwork
that you got to sign signing papers and you know
why you sign it, but you just try to get
that home. It had to be really mind boggling to
go into the Dominican Republic, and I'm pretty sure. Your
acres just kind of grew. You know, you started this
parcel and then another opportunity is being offered. Did you
start out nearly a thousand acres or you started with
(21:17):
a small amount and you start building.
Speaker 4 (21:19):
Absolutely not. We originally had a kind of part that
had been building forty two condominiums. They still have those,
they have they've sold out half of that condominium complex.
So they originally started there. They introduced us to this
particular expanded land because our kind of parts wanted a
golf course. They said, look, we need a golf course,
and it's not a golf course over here. And because
(21:42):
of that, what you would instinctively say is, look, that's
kind of a reach, right, we just want these forty
two condoms rights, right, But what you have to do
you can't talk yourself out of something, right, because what
God has for you is for you. And what we
were able to do is leverage the relationships that we have.
You want to make sure you have appropriate legal counsel
(22:02):
on the ground. Don't start doing the underhand and I
got to pay play. That's not really has that's not
how it has to be done. Do it right. Make
sure you have permits. We have permits. We didn't. We
certainly could have built quickly and sold without permits and
done our sold with before we even started building. We
didn't do that. We're doing it the right way. Our
(22:22):
American developers who are familiar with developing in the US
and some of my counter process are familiar with developing
throughout the world. But what we also did is we
leveraged the relationships of experts right because you know, we
got to bring back excellence because we as a people
expect that of ourselves. We're real skeptical of our own
unfortunately and regrettably, and that also gets in our way.
But that's another conversation. But what we did is we
(22:45):
leverage experts who have done it before, who have had
forty fifty years of resort development. In Lakala, Fiji, our
design team has developed Red Bull Island for the owner
of Red Bull. I mean they have five star properties
under the belt. You get those people, you make sure
you get the right team. You make sure you have
appropriate legal counselor. For everything we had in DR, we
(23:06):
had in the US. So if we had a tax
advisor in DR, we had a tax divisors were in
the US. We had a civil engineer in the DR
We had our civil engineers in the US, and then
you have them to match up with each other. Make
sure the standards are that of what we expect as
Americans as far as the build and you want, you
make sure that you have you don't rush you know
(23:29):
the people. That's the thing that I think benefited us,
these people who have have worked with us. I've been
a lawyer in Atlanta for thirty years. I've retired, Thank goodness.
I've retired because I got tired of tearing down things, mergers, acquisitions, families,
those sorts of things. And now I'm building. And so
this is the place that I can wrap my head
and my faith around because I'm building something that that
(23:51):
builds up families.
Speaker 3 (23:53):
Somebody jumped on the line or like you gotta find
up here, attorney LEDs Okay, and I want to just
point that out. This is an all black investment group
that's involved in this purchase.
Speaker 1 (24:02):
Correct.
Speaker 4 (24:03):
Yes, we're We're a bunch of developers that have actually
developed many properties like my my property, downtown Atlanta, Signature
Atlanta that mix use communities coming out. We're building here,
We're building there. We have we congratulations and la property.
Speaker 3 (24:18):
Yes, Diva, you're on the line here speaking to ra
Sean mcdonaland Money Making Conversation master Class, as well as
the turn Oh.
Speaker 7 (24:26):
Yes, yes, yes, yes, yes yes. How are we doing?
How are we doing? God bless sto blessed.
Speaker 5 (24:31):
Wow.
Speaker 7 (24:32):
I'mlike super super excited. Rashaan, thank you so much. I
love your show. I've been listening to you for about
two years now. I've learned so much from you and
your guests. God bless you. I appreciate you and doctor Lynch. Oh,
miss lady, and let me tell you this is Today
has been a day that I've been getting confirmation. First
(24:55):
of all, I'm gonna go be bake investors. I am
still okay keeping it transparent. I'm new, but I've been
dabbling over twenty years, Okay, I look forward to twenty
years and right now I have my company and my
business my LLC is called Breakthroing Overflow, and I want
(25:15):
to invest in and develop homes, push group homes for
group homes to get back. I'm a veteran, I've been homeless.
But really, what I would like to do, I really
would love to know as a as a new investor
and doing what you're doing. I actually just invested in
(25:37):
my first true investment property in Panama and wherever I
go going up kindam I have a beachfront condo. So
like how you're saying, I used my home. I bought
my home in twenty twenty one and I was able
to use my equity with you know where everything went up,
use that equity to invest and get my rental property.
(25:58):
So that's been a lifelong dream. And also you know
it would be invest and everything. But I'm all about
giving back, and so I really love the whole philosophy
of what you're doing, a whole concept of what you're doing.
And I really truly am looking for a mentor. And
(26:18):
I know that's a lot you.
Speaker 1 (26:20):
Knows, now.
Speaker 3 (26:26):
You know.
Speaker 4 (26:27):
Well, let me say this. Let me say first, thank
you for your service. I'm a former Navy jack myself,
so I appreciate your service. I like the fact that
you understood that there was a better use for your
equity than sitting it in your home and leaving it there.
The interest rates that are associated with certainly the last
couple of years, with interests associated with your home equity
(26:48):
is far lower than commercial debt that you can get.
It's more accessible, but even with the increase in interest rates,
it still are far out pacing a lot of other
commercial debt, family offices, various other ways that you may
have to use to finance a second home or an
investment property. But one of the things I like is
you said you're new. But that's that's the beauty of it,
(27:08):
because what you're doing is you're listening to people like
money making conversations. You're investing in yourself when you're actually
learning the trade. Right, So you're not just saying I'm
just gonna go out there. You got to learn the
business that you're in. Be willing to educate yourself, be
willing to stop surround yours And the fact that you're
asking for a mentor tells me that you're willing to grow.
(27:28):
And that's what I needed at my time when I started,
and what and all of us continue to need. You
want to surround yourself with people who use doing it.
And so you're in your mindset is excellent and that
there's nothing wrong with being new. It's only wrong when
you be new, and you just rest in that, Oh
I'm new, so I'm gonna no learn, be around people,
(27:49):
figure it out. You already made the first step by
accessing some of your capital and your home.
Speaker 3 (27:54):
Okay, turn Lynch, How can I get in touch with you?
What is the website? Can you give that information? Because
I'm gonna be honest with you. I do a lot
of these interviews and your your tone, your your your
your cadence, your honesty, your history. You want of these people,
Just google her, Just google her name. You'll see the
credibility of this conversation and the legitimacy of what we're
(28:15):
trying to do on Money Making Conversation Masterclass. How can
we reach out to you? And what is the website
for the for the golf resort in the Dominican Republic.
Speaker 4 (28:23):
You can connect with me personally at Thediana Lynch dot
com the d I A n A L y n
c h dot com. It does list the two projects
that I have going on in Atlanta and in the
Dominican Republic. The direct website and all all social media
platforms for the resort the golfers are in the Dominican
Republic is Almadisamana dot com.
Speaker 5 (28:52):
Thank you for joining us for this edition of Money
Making Conversations Masterclass Money Making Conversations. Masterclass with Your John
McDonald is produced by thirty eight fifteen Media Inc. More
information about thirty eight fifteen Media Inc. Is available at
thirty eight fifteen media dot com. And always remember to
lead with your gifts.
Host
Rushion McDonald
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