Quantcast
RELATED

Delphine Bryant is trying to change the world, one real estate listing at a time. As a breast cancer survivor, she understands the importance of building a legacy that her children can be proud of, which is why she’s using her platform to educate others to create generational wealth of their own.

A distinguished real estate developer and entrepreneur, Bryant is also a millionaire with a portfolio of over 100 luxury and affordable homes across Georgia.


Known for her expertise in crafting properties that speak for themselves, she has a keen eye for design and a strong affinity for community development. Her goal with every property and business endeavor is to transform landscapes and enrich lives in the process.

“When they tell you that you have breast cancer and it's the fast-growing one, I was like, okay, am I dying or not, but I started focusing on making my dreams bigger than my problems,” Bryant recalls to xoNecole.

“I was like, I’m going to fight. I want to be able to fight as much as I can. So, during that process of fighting, I was still looking at real estate because I started real estate in 2012 while I was still a registered nurse, which would help me have extra income.”

Bryant’s health kept her at home during this time due to a low immune system and weakness from rounds of chemotherapy, but one thing that did not change was her determination to succeed. She used the time to lock in and learn the ins and outs of the real estate world.

“Navigating myself in the real estate world, I started looking at new construction and just focusing on seeing how much profit I would get from new construction as to holding properties, which I sued to do for the first five years in the business,” Bryant explains.

“I started realizing there’s so much money in getting into new construction and learning about the development world.”

She adds, “So, I pushed myself, paid a mentor about $40,000, who taught me how to buy land and subdivide it, and then I started building new construction. That has helped me a lot. Getting into the real estate world and seeing my coworkers, who were nurses and doctors, making so much money but not investing it, I started telling them what I was doing, and they started investing in some of my projects. Many people just saw me growing and kept asking how can you do this? How can you do that? So I also began mentoring in the space.”

Having acquired over $8 million in real estate assets, Bryant knows something about investing in suitable properties and helping others get more bang for their buck. Her number one lesson is not to get caught up in spending so much money, time, and effort into making a property “look a certain way.”

“I always advise people, if you’re going to buy and hold a property, you don’t want to invest too much to make that house look a certain way,” she says.

“Because you’re holding it, you want to rehab it. If you’re buying, let’s say, a property that needs rehab, you want to rehab it but spend less money if you’re going to hold it. On the other hand, if you plan to sell it, that’s a different ball game because buyers coming in want to make it look like a brand new house.”

“For those holding on to the property, you can spend half the fee you planned to rehab it. That way, the house still looks almost the same, brand new, but you're spending less money,” Bryant continues.

“And once you send an appraisal there, you will probably appraise it for almost the same price you sell it. Then, you can cash the equity out of that house, have someone stay there paying the mortgage while you get cash flow every month, and help that house appraise every three to four years.”

When it comes to investing, Bryant says it is essential to avoid properties with significant issues, such as the foundation, plumbing, etc., because they will eat up a person’s profit. She stressed the importance of leaning on resources like a real estate inspector who can assess whatever needs to be done to the property rather than a general contractor.

“A licensed inspector will pick up everything wrong on that property, and then you can take that list, that inspection list, present it to your general contractor; that way, you know how much you want to spend on a house before you ever invest in it. It is essential, or else you’ll see a house that sometimes looks pretty, but the AC is bad, or the roof needs to be taken down, so you want to make sure that you get a home inspector to assess what needs to be done to a property before making that investment.”

Additionally, she stresses the importance of evaluation. What is the market? What’s the market trending? These are questions that Bryant says are imperative to not throwing your hard-earned money away to renovations that won’t necessarily make you a profit.

“I love what I do,” Bryant concludes. “I make sure that I do my due diligence. I’ve never lost money in real estate. I wake up in the morning feeling very grateful. One of the things is that I have a history of breast cancer, and I’m a breast cancer survivor now, so I’m just grateful to be alive. I look at life differently but wake up feeling tons of gratitude.”

“I want to encourage people that real estate is an easy way to grow wealth that is not a liability. It’s an asset. You can transfer it from generation to generation,” she adds.

“A lot of us look at real estate, and we get scared, but if you do your numbers and educate yourself in real estate, you can make so much money quickly. I always encourage people to buy a house and get into the real estate world because you can transfer those assets to your children from generation to generation."

Let’s make things inbox official! Sign up for the xoNecole newsletter for love, wellness, career, and exclusive content delivered straight to your inbox.

Feature image courtesy of Delphine Bryant

 

RELATED

 
ALSO ON XONECOLE
Melanie Fiona

Melanie Fiona is back! After taking a little more than a decade-long hiatus, she has officially made her return to music and blessed us with two singles, “Say Yes” and “I Choose You.” While both singles are very different from each other, they both reflect who she is today and the type of music she wants to make. In our conversation, the mom of two expressed what she learned during her time away.

“It's interesting, even when I said it is like coming back, I don't ever feel like I really left because I was always still performing. I've still been public. It's not like I went into being this recluse person or version of myself, but the thing that I really learned in this process is that I think things take time,” Melanie says in a xoNecole exclusive.

KEEP READINGShow less
Tasha Smith On Why Your Self-Worth Is Your Greatest Asset In Relationships

If the definition of BOOM needed a photo next to it, it better be Tasha Smith’s face.

Tasha Smith, 53, the actress known for her captivating performances and outspoken personality, has become a beloved figure in the entertainment industry. Her portrayal of the fierce and fabulous Angela in the hit movie Why Did I Get Married? is nothing short of iconic.

KEEP READINGShow less
LATEST POSTS