Restaurants WON'T SERVE BLACK FAMILIES, What Happens Next Is Shocking | Dhar Mann Studios

[Music] Carol show you the multipliers for the Johnson's property it's a high demand area and think we can push it a bit higher I know the Johnson's they're good people I believe the annual rental income in that area is about $60,000 that is solid yeah those high demand areas people are willing to pay a higher premium well and let's pitch it 10 times the annual rent it's a stretch but think we can butter it up really good for it too high no no we can offer them a six times multiplier that is honest and fair you're killing me that's too much meat on the bone for the buyer that's right give them a chance to eat too you know life has a way of returning what you give James now you remember that too Jerome [Music] thank you sir nice shine surprisingly guess they good for something [Music] huh baby this is good Jerome you ain't going to eat your dinner give me [Music] that you listening to white people's business again I'm just trying to learn it all learning is going to get you strung up in the tree Elliot please now do you know what's going on in Mississippi right now same thing can happen here son you're smart boy to the wrong color black man can't be a banker black man can't even be a man right now just the way it is what I can look your best bet learn a trade like me work with your [Music] hands come on in the house [Music] our first house well I wouldn't exactly call it that but uh it'll work from now just give me some more time baby there's no rush your home I know you have the keys to all our dreams and that there notebook mama can we go get some ice cream oh of course baby I think I saw a place down the street that'll serve us go get your sweater have fun [Music] okay all right so we take a high demand area we take a six multiplier all right looking good looking good say brother you live in this building mhm four floor these are one bed Apartments we in children sleeping well we may do you know the bank don't give any Fair loans to color man tell me about it so we got no choice but to live over here you know some of these apartments got eight people living in them my goodness meanwhile in the white neighborhoods them houses vacant it's a mighty shame maybe someone would do something about it one day all right brother take care you too take care can I he people something oh yes uh are you don't know this building my name is Jerome Bryant I'm interested in buying what's the asking price it's 50,000 okay man ask what the annual rent is well it's was just to calculate the gross rent multiply now are you sure you want to buy a place like this I mean 50,000 is a lot of money oh yes I'm good for it and I had no doubt I had this thing leased out full you're pretty smart thank you but uh I just don't think that you could put the money together look I work with a lot of banks so I would know I'm going to have to pass I understand sir thank you for your time oh sorry uh one last question uh you're not going to throw that suit away now are you what this old thing it's [Music] Ys Percy Jenkins yes yes okay we will see you then all right hello I like to see Mr Percy Jenkins sorry he's busy right now ah doesn't seem to be too busy anymore [Music] Mr Jenkins who are you I'm Dr Brian I got your name from Shan to CLA I was looking to take a loan out to buy one of his buildings is that so yes sir I meet all the requirement for a loan approval not all of them listen you want to take a chance with me this is a great opportunity for Mr lir I'm sure Mr lir knows what a good opportunity is without someone like you telling him you can show yourself out Jerome right yes sir you come with me take a seat did you use my name to try to get a loan at Green Leaf bank with Percy Jenkins it's a pretty bold thing to do I'm really sorry sir now tell me what is your plan and why do you want to buy my building so bad well I came by your place sir and less than half your unit a field you see I I feel with a few Renovations I can unlock the property value that's a high demand area so people are willing to pay a little more now how do you know that half my units are empty I came by at night Sir and I counted six units with the lights off well maybe some of my tenants was sleeping at 7:00 p.m. if I can't fill half the building what makes you think that you can raise rent because I tell you what my tenants will not pay more yours won't but might as well you see black professionals are on the rise and they'll eat this place up property values at 50,000 now with a few Renovations we can get it to about 70,000 how you figure but with high rents you're looking at annual income of 13,600 with a value of 70,000 looking at a gross rent multiply of 5.14 now I could push the grm up just a bit higher but it be good to leave some meat on the bone for the next buy and as my old mental used to say life has a way of returning what you give so I don't want to be too greedy now you did all that in your head yes sir I'll call Percy in the morning you be there at 9:00 a.m. hot dog come on now thank you so much sir but why are you doing this well Others May see you for your skin color but I see what's on the inside thank you sir I won't let you down not to say that your skin color is not going to be a problem to be clear but I'm going to work my best to get around that I [Music] understand well now that that the lease is signed I guess I can give you these congratulations now just what do you all think you're doing here in this neighborhood well as of 30 seconds ago we live in this neighborhood well that be impossible this here A white neighborhood white own building was excuse me it was white own until I bought it Andre Brian the new owner oh we'll just see about that won't [Music] we I apologize for that I'm going to see you all in the morning just where you think go headed [Music] boy I was going inside Mr Officer set why will you think you had any business going this here B well I own it have the paperwork you see I carry cop with me all the [Music] time it's true he owns it well that's just [Music] nonsense honey this man man claims he owns the building now yes sweetheart this is Mr Bryant the man that I've been telling you about Jerome meet my wife hardi it's a pleasure to meet you once [Music] again just give it time she'll come around so how you getting along here well as a today is fully leased what fully leased jeez Louise it hasn't been 50% occupied since I bought the [Music] place you know I've been thinking those houses around the corner I'm interested in what would you say you and I got into business together you know we'll split the profits right down the middle you want to go in business with me you got the knack for the numbers and I can close out the deals what do you say I'd say it's going to be a pleasure doing business with you in some CL those aren't real wings you know they won't help you to fly they took you years to grow so by all means try but I'm afraid for you yes Feel You full those AR real wings you know and they won't take you where you need to go those wings were grown self prer and they won to take you away from all your the trouble is still those wings were grown from fear and fr and they won't get you far above ground before you P back [Music] down looking mighty sharp tonight now I'm guessing that that suit wasn't going to be thrown in the trash you sure it's okay for me to be here you're here with me tonight that's all anyone needs to [Music] know you might want to get that checked out there now you need to mind your business now come on there's someone i' would love for you to meet Mr lynon Edwards well Shane llaa is that you I don't have my spectacles on well who's this here now oh this is the man that I've been telling you about the math whz and my partner Jerome Bryant the famous Jerome Bryan yes I I've been watching you very impressive what the two of you have done well thank you sir are you into real estate investment as well well you could say that I own a small bank across town it's it's nothing much now give yourself a little bit more credit than that Lyndon Jerome do not be fooled by this man he taught me everything I need to know in the business me my first loan back in 48 well you know Bing has a very special place in my heart let her talk with you more about that oh we're going to be doing a lot more than talking lynon here thinking about selling this building now now Shane you know I do not talk business on a Saturday night we will discuss that soon enough well in that case how about another round of drinks well now you are speaking my language I see you oh D okay okay me see how sweetheart thank you darling you're welcome look at you adorable mommy daddy look at me wow look at that that little too step that's my baby right there I want y'all to get more use you hear me baby oh cuz Shane and I we moved into commercial real estate and your daddy said a black man couldn't do this work now look at you yeah this partnership between Shane and I one the best thing that ever happened to me oh I'm proud of you thank you dog where you going M sit down have a good time okay I'm going get that if you don't mind of course thank you so much where you at baby where you at oh let me get in there come on dance with your mama give me a twirl oh my goodness okay what happened baby what's [Music] wrong well with the sudden death of Mr llaa the equity in his company will now go to Mrs llaa and my client is prepared to buy out your shares well that's okay cuz I'm not interested in selling H I plan to continue to do business well I don't do business with you people please take [Music] it is this your offer M mhm this is a small fraction of what my Shares are worth now I don't have to give you anything technically speaking your name isn't even on any of the paperwork since you've been busy riding my husband's cails to success riding your husband's Co your husband came to me about this partnership not the other way around you see Shane and I we built this together legally that would be extremely difficult to prove and I think it would be in your best interest to take the deal mhm and just go about your way now you and I both know this ain't Fair 10 cents on the dollar best I can do oh we go to court and then we both know who'd win there you ought to be ashamed of yourself we both know this is not what Shane wanted oh Shane didn't know any better but I do I see you for what you truly are and I intend to make sure you never practice real estate in any of these parts ever again you understand mhm the night time the night time is start the night time the night time it starts night time the night time it starts [Music] the night time the night time it starts the night time the night time is starts night time the night time [Music] STS I am tired of these people dragging us through the mud we can give them every piece of paper they asked for and it's hurdle after hurdle that ain't no surprise Cletus we all know our folk Can't Get No loan from this Bank you won't regret your decision Mr Edwards oh Jerome well I'm sure you know Mrs lir well the two of you must be partners now that Mr lir has passed away my late husband was I entered the partnership I did not realize I thought the two of you were still in business together no sir and once I purchase this beautiful bank for $100,000 I'll make sure to it that he won't be banking here either it's worth 125 I beg your Park you see Lisa for this space goes for about 25 cents per square foot and ballpark for the square footage I say total rent is around $276,200 well considering $50,000 a year in business expenses with a $199,000 profit wor $100,000 offer I say the market of capital is around 5.26 and with the size of this building right here that's way too low and that's why I'm willing to offer $125,000 that's over6 half times but we already have a deal we have not signed the paperwork yet all right even if he were to offer more money he could never close no bank would ever lend to him well it's a good thing that I still own the bank then you you would lend a him you think he'd be good for it oh I don't think so I know so you see I've known this lad for a very long [Music] time wait you're I thought that was you oh my goodness come on well it seems to me you were doing a lot more than just shining shoes all those years ago well I try to learn as much as I can sir even how to treat people right because as you once taught me life pays a way of returning what you give well what do you know from shining shoes out in front of the bank to owning the bank ain't that something oh this is ridiculous both of you I can't believe what you suppos to say evening sir need to shine I'm shineing real nice for you I'm fine thank you but he might I will go prepare the paperwork thank you you know I'll take you up on that [Music] shine hey uh excuse me I want y'all to come on back next week I'mma help youall get that long really really are you sure I'm sure baby oh and listen tell other people about me I'm trying to help as many people as I can thank you God bless you sir God bless you [Music] you work at the bank or something [Music] sir young man you and I got a lot more in common than you may think you like math son [Music] [Music]

Channel: Dhar Mann Studios

Views: 5,545,724

Keywords: Dhar Mann, motivation, motivational video, inspirational video, self improvement, self help, self development, personal development, short film, inspirational, life lessons

Id: XGN9wLDvDFU

Length: 24min 38sec (1478 seconds)

Published: Thu Apr 18 2024