Get up and get on it A black entrepreneur's lessons on creating legacy and wealth

Dana Frank

Book - 2024

"I am a Black woman, a wife, mother, business-owner, landlord and property owner. The business I steward as general managing partner is already a legacy-generator: I'm the second generation enjoying the fruits of the previous generation's vision and labor, and I take great pride in the fact that my life-long work has also created a legacy for my children and future generations. I am not beholden to anyone, for anything, save the renters that rely on us to provide safe, secure, and affordable housing. I am financially independent, I make my own decisions-even if it is frustrating sometimes for my husband, who tongue-in-cheek calls me an "askhole" because I ask his opinion and then do my own thing anyway"--

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Subjects
Published
Hoboken, New Jersey : Wiley [2024]
Language
English
Main Author
Dana Frank (author)
Physical Description
xvi, 240 pages : illustrations (black & white) ; 24 cm
Bibliography
Includes bibliographical references and index.
ISBN
9781394198696
  • Foreword
  • Preface
  • Introduction
  • Chapter 1. Fire Starters
  • Chapter 2. Getting into Real Estate
  • Chapter 3. Racism and Rights
  • Chapter 4. Banking While Black
  • Chapter 5. HBIC (Head Bitch in Charge)
  • Chapter 6. All in a Day's Work
  • Chapter 7. Rent and Evictions
  • Chapter 8. It's the Law
  • Chapter 9. The Family Business
  • Chapter 10. Feel the Fear and Do It Anyway
  • Chapter 11. Achieving It All
  • Chapter 12. Pay It Forward
  • Chapter 13. Master of My Fate
  • Epilogue: You Can't Take It With You
  • Acknowledgments
  • About the Author
  • References
  • Index
Review by Kirkus Book Review

In this guide, Frank offers insights into the pursuit of real estate investment, with a focus on building wealth for Black families. In 1989, the author and her mother took over a successful real estate business founded by her father, who had established it in 1950 with only one single-family home. She now oversees hundreds of multifamily apartments and continues to expand the business with a vision of growing generational wealth. This book shares Frank's financial advice, with which she aims to teach readers how to build their own wealth, despite institutional obstacles. Frank's story begins with her parents, whom she defines as "fire starters"--people who ignite a flame for their future against the narrative that society has given them. She tells of how her father came to Seattle to build a business after leaving Detroit and its Jim Crow laws; she also references the success of her uncle, music legend Quincy Jones. Each chapter begins with an original poem by Frank and ends with a list of takeaways and action steps to help them put the author's wisdom into practice. In these pages, readers can dive into the benefits of real estate investment, as well as her "R.E.A.L." method--an acronym for a multistep process of researching, expanding one's business, amplifying requests, and leveraging connections. Along the way, the author offers an inside look into what it's like to be a landlord and run a family real estate business, particularly in Washington state and Arizona. Frank artfully blends her advice with discussions of diversity, equity, and inclusion, boldly speaking out against racism, sexism, and other prejudices that one may encounter while pursuing one's full wealth potential. Ultimately, Frank encourages readers to hold a big financial picture in mind, envisioning a legacy of intergenerational wealth and philanthropy. This will be an empowering story that will provide inspiration to a wide range of readers, and particularly to Black families and entrepreneurs seeking to achieve their financial dreams. Although Frank's advice is specific to real estate investment, readers interested in other wealth-building methods will also find motivation in this book's vignettes. A deeply personal and upbeat entrepreneurial manual. Copyright (c) Kirkus Reviews, used with permission.

Copyright (c) Kirkus Reviews, used with permission.