Chris “Done Deal” O’Neal Continues To Build Generational Wealth For his Family With 90 Acre Land Purchase
Jan 18, 2023
From the 1920s to today, the percentage of minority landowners has dropped from 14% to less than 2% nationwide. Here’s how real estate expert Chris O’Neal hopes to change that.
(PRUnderground) January 18th, 2023
From the 1920s to today, the percentage of minority landowners has dropped from 14% to less than 2% nationwide. Here’s how real estate expert Chris O’Neal hopes to change that.
Ten years ago, less than 4 percent of minorities owned rural land, according to a report by the U.S. Department of Agriculture. A decade later, recent news reports indicate that number hasn’t gotten any better.
Determined to defy statistics and build generational wealth for their family, Virginia natives, Chris O’Neal and his wife, Sabrina, recently purchased a beautiful brick home that includes 90-acres of woodland next to Baylors Creek that flows from the Rappahannock River in rural Virginia.
“This property is significant as it has many facets to generate income and generation wealth for my children. I have taken my kids to the property during the renovation and express to them how significant this purchase is to our family and that it will one day be theirs. This property is a compound, and my family can fish, hunt and enjoy outdoor living. We plan to offer short term rental to the house on the property,” O’Neal said.
Home and land ownership are the biggest contributors to wealth and wealth transfer between generations – and O’Neal knows that. That’s why he’s been selling and investing in property for more than 20 years.
In October 2022, home prices in Virginia were up 4.1% compared to last year, selling for a median price of $402,800, according to Redfin. Even with inflation and mortgage rates at a 20-year high, O’Neal, a money and real estate expert, believes purchasing land is still a smart choice right now.
“The old saying is ‘date the rate and marry the home.’ The interest rates will eventually come down, and you should be able to refinance,” O’Neal said.
According to O’Neal, to build long-term wealth, you need to know how to invest in the right kinds of property – and you don’t have to have lots of money to do it.
“I tell people that when you find a great deal, you can get a lender, and the money will come,” he said. “As long as you find a property that has cash flow as well as tons of equity. You want to make money the day you buy.”
Because of his expertise as a real estate agent and investor, O’Neal, who has been featured on local media and Good Morning America for his money advice, recently launched an eight-week course titled “Agent 2 Invest.” The course is designed for real estate agents as well as anyone interested in learning effective strategies for finding real estate deals to create generational wealth worth millions.
“Most real estate agents don’t invest. They chase commission checks. I am excited to release the course. I’m giving all my tips and knowledge away I have accumulated through my years as an investor,” O’Neal said. “I am not holding any information back. The information is life changing to the participants and will catapult them into a new level.”
The course includes many videos, quizzes and seven training models that explain how to choose deals that are right for you, tactics and programs used to maximize investing results as well as helpful legal documents used to finalize a purchase. The course can be purchased at Agent2Invest.com.
About Chris “Done Deal” O’Neal
In addition to his licensing as a real estate agent and his investing activities, O’Neal offers online education opportunities to real estate agents and others interested in learning more about how real estate can serve as more than just a source of eventual equity to be sold. “People are generating wealth through real estate, and an investment property like this makes you self-sufficient,” he explained. “You create memories with your kids there, but you also use the information that is available today that was not available in the past to make that property an income-earning asset.” O’Neal’s priority is making sure this information is available to everyone who needs access to education and resources for investing in real estate.
The post Chris “Done Deal” O’Neal Continues To Build Generational Wealth For his Family With 90 Acre Land Purchase first appeared on PRUnderground.
Press Contact
Name: Chris Phone: 804-513-0940 Email: Contact Us Website: http://www.agent2invest.comOriginal Press Release.
_2018_08_08_18_57_52.jpg)
ERC adopts new billing format to exclude VAT on allowable system loss charges
The Energy Regulatory Commission (ERC) on Tuesday said it has adopted a new billing format for all distribution utilities (DUs) to reflect the removal of the 12% value-added tax (VAT) on the allowable system loss charges imposed by power utilities on their customers.
Eunis Chan, Angela Leong sell luxury Hong Kong properties as rate increases loom
As the shadow of possible interest rate increases darkens Hong Kong’s property market outlook, well-known people including model-actress Eunis Chan Ka-yung and billionaire Angela Leong On-kei have recently decided the time was right to sell luxury properties, according to market sources. Chan sold a two-bedroom Mid-Levels flat for HK$32.25 million (US$4.1 million), making a profit of about 130 per cent, while Leong, a businesswoman and Macau legislator who was the fourth wife of the late casino...
Bangkok floods threaten to shave 0.3 percentage points from Thailand’s 2026 growth
Severe flooding in Bangkok and surrounding provinces is projected to reduce Thailand's 2026 economic growth by 0.3 percentage points, lowering estimates to 2.1%
China’s CXMT to favour domestic suppliers in US$5.2b memory-chip capacity push: source
Chinese memory chip giant ChangXin Memory Technologies (CXMT) plans to invest 34.9 billion yuan (US$5.2 billion) in expansion, with a large portion of the capital going to domestic suppliers of chipmaking equipment, according to a source. The firm, listed on the Shanghai Stock Exchange’s Star Market, would spend 24.1 billion yuan on a new technology research and development project and another 10.8 billion yuan on the second phase of a wafer testing base, according to a Monday stock filing. The...
Why Citi is betting on China’s 30-year bonds as US Treasury yields climb
Citi Research has turned bullish on China’s 30-year government bonds, projecting that yields will fall further even as US Treasury yields climb. In a Monday research note, analysts at the Wall Street bank recommended that investors go long on China’s 30-year sovereign debt, saying they expected the yield to fall towards 1.8 per cent while the 10-year yield could edge towards 1.6 per cent. The analysts attributed the outlook to easing supply pressures and improved market dynamics for China’s...
AstraZeneca, Merck, Novo deals boost Chinese biotech as global interest grows
Shares of Akeso surged after British drug maker AstraZeneca moved to advance the Chinese biotech firm’s flagship cancer drug, while a new deal from US giant Merck further underscored the sector’s global momentum amid easing fears of US curbs. AstraZeneca on Tuesday announced a US$2 billion equity investment in Florida-headquartered Summit Therapeutics, which holds the exclusive rights to develop and commercialise Akeso’s immunotherapy drug ivonescimab outside China. Summit and AstraZeneca would...
Domestic workers in Central Visayas to get P500 monthly minimum wage increase
Domestic workers will receive a P500 increase in their monthly minimum wage under a new wage order in Central Visayas, the Department of Labor and Employment (DOLE) said Tuesday.
‘180-degree flip’ sees global investors turn to China for diversification: Pimco president
Global investors are turning to China again in search of alternatives to crowded US asset markets, with Pimco seeing Chinese bonds as one of the safest ways to diversify portfolios after sentiment towards the world’s second-largest economy “flipped 180 degrees”. The US-based asset manager, which oversaw more than US$2 trillion in assets by the end of June, had been pointing its clients, particularly those outside the United States, towards Chinese offshore bonds, according to its president,...
DOE pushes competitive framework for nuclear power procurement
As the Philippines moves to include nuclear power in its energy mix, the Department of Energy (DOE) is pushing for a competitive procurement framework focused on strict grid readiness, staged delivery schedules, and rigorous pricing parameters.
Hong Kong’s IPO revival faces test as 3 new stocks stumble on debut
Hong Kong welcomed four companies to start trading on Tuesday after they raised a combined HK$14.4 billion (US$1.83 billion) – but three opened below their offer prices, adding pressure to an already sluggish month for initial public offerings (IPOs). Automated equipment manufacturer RoboTechnik Intelligent Technology was the largest company to make its debut, having raised HK$5.18 billion, but its shares closed 4.9 per cent lower at HK$414.4 (US$52.82) after dropping as much as 9.8 per...
Why is JPMorgan expanding in China? CEO Dimon sees another decade of sharp growth
JPMorgan Chase, the world’s top bank by market capitalisation, plans to expand hiring and technology investment across mainland China and Hong Kong and is looking to take advantage of the city’s strengthening capital markets as well as its platform for serving companies operating in and out of the Chinese market, according to senior executives. CEO Jamie Dimon said the banking giant’s China-related business, measured by factors including client volume, has grown sharply over the past decade –...
Chinese brokerages get in line with Beijing’s crackdown on overseas stock trading
Some securities companies have begun to clean up non-compliant overseas stock trading by mainland Chinese investors following a regulatory crackdown that started months ago with fines on Tiger Brokers and Futu Securities International. Orient Securities’ mainland-based clients that have trading accounts in its Hong Kong unit will be banned from buying stocks and transferring in funds starting on Wednesday, according to a notice to customers seen by the South China Morning Post. Guotai Junan...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.