I recently sat down with Monique Caradine Kitchens of the Sisternomics podcast, which offers practical mindset, marketing, and business-building tips for Black women entrepreneurs who want to reach their next income level.
Here are a few highlights from our conversation.
Monique: What was your first investment property?
When I was 25 years old, I bought a house in Northeast Washington, D.C. for $10,000. I came to the closing table with about $4,000 . I made some small renovations and lived in it for about 4 years and rented it for 1. I sold the house for $213,000, and walked away with a profit that was a catalyst for future investments. This has been one of my best investments—it helped open many doors of opportunities for me!
Monique: Do you want to be a billionaire real estate investor?
When I was younger, I was really focused on volume. I wanted to own hundred of units! Now, I’m more about creating quality projects that help build strong ecosystems so people of color can thrive in their communities. So, no not a billionaire.
Monique: What’s your net worth?
Listen to below to find out!