I drafted the NAHREP 10 four years ago as a tool for the Hispanic Wealth Project and a guide to NAHREP’s growing membership. The goal was to establish a set of principles that position the Latino community for greater prosperity and an enhanced quality of life. The NAHREP 10 has also provided NAHREP with a set of values that guide our activities as an organization. Recently, we have formalized the creation of NAHREP certified trainers to build a small army of ambassadors who will help spread the ethos of these principles to the broader community.
While it’s not yet clear what the long-term economic and societal effects of the COVID-19 pandemic will be, we know it will be profound. We also know that people who are at the top of their profession and have achieved a near debt-free status in their financial lives will emerge from this situation ready and able to take advantage of a broad array of business and financial opportunities that will undoubtedly transpire. Harsh, but nonetheless true. There will be people who thrive even more when this is all over.
Right now, we need to remain vigilant in fighting the spread of this horrible disease, but we also keep in mind that the NAHREP 10 would not be necessary if the economy always grew, real estate never had a down cycle, people never became unemployed, and life was always fair. It was created to prepare everyone for economic scenarios like the one we are currently experiencing. Now might be a good time to read and discuss these principles again; you can find them here.
The large majority of undocumented immigrants are decent, hard-working people desperate for a better life in America. However, there are also some bad apples, violent criminals that not only terrorize our communities but also damage the image of Latinos in America. Trump promised to prioritize criminals in his deportation plans. In the first few weeks in office, the data shows that...
When the government tries to tackle a specific issue with a policy, it often causes new variations of the problem to emerge in different areas. In other words, "any action has an equal and opposite reaction." When taxes and regulations are reduced, as is expected in 2025, two things tend to happen: those at the bottom economically have it tougher because there are fewer safety nets and protections. Those at the top make a killing.
Realtors help families navigate the largest and most intimidating financial transaction of their lifetime. They serve as guides, counselors, cheerleaders, and protectors. Many of them remain friends of their clients for life. America is at its best when its citizens are stakeholders.