OVERVIEW DON’T STOP NOW! Our goal is $60,000++ to complete this project. Buy The Block and Stop Gentrification. Join The Movement!  The recession has hit us hard. Survival is now a helpless struggle. Even our everyday basic needs as a human are not that common anymore. With home ownership dropping lower each year and no […]

I want to contribute!

100% Funded
  • $39,979 Pledged
  • $40,000 Goal
  • 156 Backers

BUY THE BLOCK: A SPACE TO INVEST WITH YOUR PEERS


OVERVIEW

DON’T STOP NOW!

Our goal is $60,000++ to complete this project.

Buy The Block and Stop Gentrification.

Join The Movement! 

The recession has hit us hard. Survival is now a helpless struggle. Even our everyday basic needs as a human are not that common anymore. With home ownership dropping lower each year and no sign of any future improvement, we can’t fold our hands and watch.

A report reads “African-Americans have lost over half of their wealth since the beginning of the recession through falling home ownership rates and loss of jobs.” Research Data from Pew Research Centre uncovered that the average net worth of a black household dropped 53 percent from $12,124 in 2005 to $5,677 in 2009 and from $19,200 in 2007 to $11,000 in 2013. With this income, how can a household survive to get their basic needs or even shelter?

BuyTheBlock has noticed this need and the dire situation and has decided to effect a solution. With people renting as an only option at best, often with no hope of owning their shelter, we are offering a lifetime investment opportunity for them to own a comfortable apartment.


THE PROBLEM

With the critical current recession and hardship, home ownership rates are down, critically down. That much is no secret. People resort to renting as their only choice, often with no plans to ever own their piece of property. This is as a result of the average household income and the effect of the recession. It’s a sad state of affairs, one that has been building and developing for a long time now, one that we can no longer ignore, one that we need to face head on if we are ever going to do anything about it.

We at BuyTheBlock.com recognize this situation for what it is, and we are intent on doing something to change it.


SOLUTIONS: BuyTheBlock  

The vision we all share at BuyTheBlock is to change investing from confusing and frustrating, to an accessible and enjoyable social experience. This is not what is currently obtainable, and as such we want to create a new generation of connected investors who feel informed, empowered, and confident.

We believe the current investing options aren’t meeting the expectations of the next generation. We are developing an accessible, collaborative, friendly and fun investing environment for both new and experienced investors. BuyTheBlock.com provides a seamless and secure solution that empowers people to spend together in a way that has never happened till now.

Your contribution will help us complete our website and develop our app. Also, it will help you buy a piece of your first block! Incredible to hear, but true.

 


WHAT WE NEED

BuyTheBlock.com has been in development for almost a year. We have researched and intently studied the market and the economy to determine a flexible but potent one-time solution. We had our eureka moment and had since redesigned and refined the original idea. Currently, we have tested it extensively, and the remaining stage is the implementation.

Prototype versions of the website and app are in place. We have a $1,250,000 real estate portfolio; we have many partnerships lined up, waiting. We’re ready to become the property investing platform for everyone, but we have a few small tasks left to complete before our vision is realized:

  • We need to build out the back-end software.
  • We’d like to refine the production versions of our website and app.
  • We need to beta-test the website and app at scale.
  • We need to finalize and solidify a few legal items.

When we accomplish the final steps above, we’ll be ready to launch! With the support of enthusiastic backers like you, we predict a successful beta launch February/March 2017 rollout of BuyTheBlock.com, and from there, the sky’s the limit! Help us reach our goal.

The essence of the model will be appreciated on implementation. A lot is involved at this stage. A lot went into the preparation and consultation. Our initial start-up fund pooled from the team has long been exceeded, and currently, we need your support.

Right now, we have come to you, for help raising $60,000. This start-up capital will cover the costs of developing and deploying our website and mobile app, bringing the BuyTheBlock.com operation to the next level. No contribution is too little or too much. We appreciate all equally so much. It means a lot to the benefactors of this cause and us.


THE IMPACT

Making a solution like this feasible involves affecting many aspects of how we carry out things. Here are some major ones:

FIRST, REMOVING BARRIERS 


For most, the idea of investing in real-estate is onerous, intimidating, and confusing – we want to make it straightforward and accessible for everyone. With BuyTheBlock, you and your peers can combine your resources to share profit invest with the authority of an extensive portfolio.

 SHARED INTELLIGENCE, SHARED RETURNS 

Make more informed investment decisions by tapping the collective expertise of your network. BuyTheBlock.com allows you to propose, discuss, and vote on trades with your peers anywhere, anytime.

MAKE INVESTING FRIENDLY


We want to transform investing from a frustrating chore to a comfortable and enjoyable social experience. We value simplicity and intuitive design— two things we believe are missing from personal investing.

FORMING COMMUNITIES


We want to create a new generation of connected investors who feel informed, empowered, and confident. With Buy The Block you can conduct research and improve your investment acumen by following highly successful individuals and funds.

FORM AN INVESTMENT GROUP AND INVITE PARTNERS


Invest in a group with your trusted peers. Have them call in other well-proven pros in the field for advice and partnership? All that matters is your success here. 

COMBINE YOUR FUNDS AND EXPERTISE 


Combine resources and split commissions. Validate the next hot property before you invest. Leverage collective intelligence to generate superior returns.

PROPOSE, DISCUSS AND VOTE ON TRADES


Collaborative decision making — intuitive proposal, discussion, and voting give you the confidence and knowledge to trade.

COLLABORATIVELY MANAGE YOUR PORTFOLIO 


Learn from, compete with, and follow your peers and the best investors in the BuyTheBlock community.

FOLLOW AND LEARN FROM OTHER GROUPS 


Get real-time insights on what top teams are investing reducing your time to research what’s hot or trending.

RESEARCH PROPERTIES AND RECEIVE RELEVANT NEWS 


Research forms the backbone of every new brilliant investment idea or strategy. In a world where more information is available than ever before, BuyTheBlock ensures you have the tools to research with speed and efficiency.


FEATURES 


  • Form investment groups and invite partners
  • Invest in a group with your trusted peers.
  • Combine your funds and expertise
  • Combine resources and split commissions.
  • Validate the next hot property before you invest.
  • Leverage collective intelligence to generate superior returns.
  • Propose, discuss and vote on trades
  • Collaborative decision making — intuitive proposal, discussion, and voting give you the confidence and knowledge to buy.
  • Collaboratively manage your portfolio
  • Learn from, compete with, and follow your peers and the best investors in the Buy The Block community.
  • Follow and learn from other groups
  • Get real-time insights on what top teams are investing reducing your time to research what’s hot.
  • Research properties and receive relevant news
  • Research forms the backbone of every new brilliant investment idea or strategy.
  • In a world where more information is available than ever before, Buy The Block ensures you have the tools to research with speed and efficiency.

LET’S PLANT THE SEED TO CREATE WEALTH.

 

The founder of Buy The Block has been active in her community for a very long time. Photo: Cleaning up Avondale.

HOW IT WORKS


PART 1.                                                                                                                                                                          

We are asking our community to help us build the platform to create this space where we all can form investment groups, invest together, and monitor our performance and best of all make money.

PART 2.                                                                                                                                                                         

We have access hundreds of land and property around the US; we are extending the investment group we already have to include more people, also, acquire real-estate.

In this program, everyone who contribute  $500; $1,000; $5,000 becomes part of the movement once the buildings are fully operational and rented. We need contributors to purchase, rehab and cover expenses for the first fiscal year of operation. All paperwork and expenditure are taken care of by Buy The Block, and ALL contributors will be added to BuyTheBlock.com to track their progress whichever way they choose; (i.e., monthly, quarterly or annually).

                                             MORE THAN JUST A WEBSITE, IT’S A MOVEMENT!                                  

Once Buy The Block is completed, every decision is yours to make. Although you do not need a team to join participate; teams are encouraged. At BuyTheBlock.com we’re providing the best online and mobile space to purchase, keep track of accounting, maintain and increase real-estate acquisition for our community. Check out this link for more details: http://www.buytheblock.com/investing.html. Do you want to start the movement as soon as BUYTHEBLOCK is developed? Then contribute $500; $1000; $5,000 to become a member of this project.

 

DON’T BE ALARMED, BUYTHEBLOCK.COM

IS UNDER CONSTRUCTION!


BUY OUR FIRST BLOCK, REVITALIZE IT AND BECOME PART OF THE MOVEMENT!


PROPERTIES

 We are actively reviewing resources. Please continue to check buytheblock.com for updates. 

BuyTheBlock.com is under construction; please visit buytheblock.org for updates.

 

FREQUENTLY ASKED QUESTIONS                                                                                                                                

1. What other obligations will BlockVestor have to cover?                                                                                           

A: There are no additional requirements except for when you file your taxes you must claim your losses or earnings to the IRS. Yes, you can contribute more, it will lead to you owning more shares. We need 130 contributors to purchase, rehab and cover expenses for the first fiscal year of operation.

2. How many total donors are currently involved with buying the block? And where are current investment properties located? 

A: BBEIG consist of 15 contributors and members reside all over the USA and out the country. We at Buy The Block have properties all over us.

3. Do you have any intentions of increasing the size of your board?                                                                          

A: Yes, our board members are members of BBEIG and every year we have an election. Join our monthly webinars to participate.

4. How do I get a copy of the property list?                                                                                                                      

A: The property list is updated every month, please join buytheblock.com mailing list.

5. Will this be on a national level, or localized?                                                                                                               

A: Buytheblock.com is a nationwide concept, people from any city and state can join, form investment groups, pool funds to purchase real-estate or submit real-estate proposals.

6. Please elaborate on how many investors you are looking to finance the multi-unit property featured? How much is the property?

A: We need at least 130 BlockVestors for every property we group purchase.  The price for each property can range anywhere from $1.00 to $1,000,0000

7. Is there any way I can reach you via phone?                                                                                                                 

A:  Yes, we can be reached during business hours 8:00 am to 4:00 pm eastern time Monday-Friday. Please visit buytheblock.com to text, call or email us.

8. I reside in Canada, can I still participate? If so, do I need to do anything extra than what’s listed on the site? 

A: Anyone can participate from anywhere in the world. There is a limit to the number of times you can contribute to own ShareBlocks of any property.

9. I would like to find out how I can become a preferred contractor for buytheblock.com?                                  

A: All our contracts will be provided on a request for proposal basis. Each company would have to submit their bid or proposal for each property. Join by adding your email to buytheblock.com.

10. If I select to back the project with a higher dollar amount than the ones listed, does the 50 dollars for 5 ShareBlocks still apply if I put in $1000? What does owning ShareBlocks mean in this project?

A:  ShareBlocks is your stake in the properties. The more you contribute, the more ShareBlocks you own. There is a limit to the number of times you can participate to earn, so keep this in mind. We must achieve our funding goal for this to actualize. If you we do not at least 100% of our initial aim, all of your funds will be sent back to you.

11. I would like to be a part of buying the block, especially in Detroit how I can join?                                                             

A: First, we need to fund this project entirely, once we are funded, we will hit the ground running. It will take about 60-90 days to complete the platform and receive all our regulatory compliance approvals. For BlockVestors, you will be the first to receive an invite to an online software that shows you all members participating, your funds, shares and more. For BlockVestors, you will receive the invite within 45 days of the campaign reaching its goal or end.

12. Once you purchase the package the first time, do you make that payment monthly, or only when you want to increase your percentage of ownership?

A:  For a single property, you only make contribution one-time $500, $1,000 or more, you can choose to contribute to other properties at a later date or even add more, but it’s not a required. The breakdown is as follows, for BlockVestors who help during the campaign 80/20 (80% property purchase and 20% software development and organizational structure).

13. The properties, are they already bought or will be once the goal of 150 packages is sold?                     

A: We will make agreements to purchase any properties we list. We need a total of 130 BlockVestors to complete any purchase, rehab and cover 1st-year expenses for every property.

14. Do I get to meet the other block-holders?                                                                                                                  

A: Yes, we will have bi-weekly and monthly webinars, local events and much more for everyone to get better acquainted.

15. Do the BlockVestors get detailed financial reports on the properties?                                                                

A:  Absolutely!  Every single expense and other financial information about each property will be recorded and uploaded for BlockVestors to review via buytheblock.com; (BlockVestors dashboard).

16. Is this a scam? I put my money in other things before, and nothing happened.                                                 

A:  Buytheblock.com is set up just like this crowdfunding if the property does not reach its desired funding goal you get 100% of your funds returned to you. We are not in this to ruin our credibility or damage everything we have done for the black community until now. Join a movement bigger than yourself; you won’t regret it.

17. I’m interested in contributing, but I am scared.                                                                                                        

A:  Quoting Will Smith, “what happens is we make situations more complicated because we’re looking for complexity; it can’t be that easy.” Yes, it can!

18. I contributed in the block. Can you tell me the next step in the process?                                                           

A:  We have to wait for the campaign to end or reach the full goal, once that happens, we will gather all the information provided to us by BBNomics.com and move it over to buytheblock.com. All contributors and BlockVestors will be the first to receive email communication directly from buytheblock.com keeping them updated on what they need to do next. We will also keep you informed about our progress with the properties. There are several documents (with fees) we need to submit and file with SEC, so as soon as we do that and get approvals, buytheblock.com will be fully operational.

BUYTHEBLOCK IS A SPACE TO INVEST IN REAL-ESTATE WITH YOUR PEERS WHILE BUILDING GENERATIONAL WEALTH.


OTHER WAYS TO HELP 

Some people just can’t contribute financially, but that doesn’t mean they can’t help. So even if you love this idea but lack the resources to pledge to its success, there are some other ways you can use to ensure this.

You can win a gift by spreading the word!

                           Please, use your social might! Tweet about us, like us on Facebook, or write a blog post! 

You are more famous and more talented than you could ever know! Thanks for helping us get the word out.

  • It’ll be a real help to this campaign and me if you share the information with friends on social media –Facebook, Twitter, Myspace, etc. This will draw a crowd of fellow passionate persons that can do what you might not.
  • Word of mouth publicity is also equally effective.
  • Talking about it and sharing the link with friends, family, and co-worker will jumpstart this campaign and ensure its success.
  • You are more famous and more talented than you could ever know! Thanks for helping us get the word out.

THANK YOU SO MUCH                                                                                                                                                 

Thanks in advance for your attention and consideration. We need your help to achieve this goal and make it a reality! Your help and support are essential to make that purpose come to reality!

Your contribution will help us create website and app. Also, help you buy a piece of your first block. Alternatively, you can contribute $2 to $250 to help us complete the website, app and create meaningful careers for our communities.

We’ve successfully created an investment group BBEIG, as well as other noteworthy initiatives (BBNomics.comBuyBlackEconomics.com2Millionjobs.com), now it’s time we empower you to do the same!

Thank you for your contribution or investment!

Click ‘I want to contribute’ to make a difference.

              Don’t forget to get the word out to friends by sharing it—remember sharing is caring. 

 JOIN THE MOVEMENT

The Movement Has Begun

Join Our Mailing List For The Latest Updates

Sign up @BUYTHEBLOCK.COM

BUY THE BLOCK T-SHIRT AND PILLOW DESIGNS

I want to contribute!

Your email address will not be published.

11 comments

  • Gerald Martin

    Good Day,

    How can I become a Block Vestor? What amount of monies are needed to be involved in the movement?

    Any feedback would be greatly appreciated.

    Thanks in advance

    6 days ago Reply

    • BBnomics

      Please choose a contribution level over 100 and you will be a Block Vestor. Also, join buytheblock.org mailing list for updates.

      6 days ago

  • Kristie

    I’m on board!

    7 days ago Reply

Share Campaign

Spread the word about this campaign by sharing this widget. Copy the snippet of HTML code below and paste it on your blog, website or anywhere else on the web.

Embed Code

<iframe src="https://www.bbnomics.com/campaigns/buy-the-block-2/?widget=1" width="275px" height="480px" frameborder="0" scrolling="no" /></iframe>