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Real Estate Mogul Annetta Powell Shares How She Went From Behind Bars To Building Businesses | Black Enterprise

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Real Estate Mogul Annetta Powell Shares How She Went From Behind Bars To Building Businesses | Black Enterprise

African American Wealth, Black Wealth, African American Real Estate, Black Real Estate, KOLUMN Magazine, KOLUMN, KINDR'D Magazine, KINDR'D, Willoughby Avenue, WRIIT, TRYB,

 

Roz A. Gee, Black Enterprise

Born to deaf parents and growing up with seven siblings outside of Detroit, Annetta Powell was no stranger to confronting challenges. Before age 25, it became overwhelmingly clear that she wasn’t going to reach millionaire status by living paycheck to paycheck. That’s when she made an executive decision to walk away from her blue-collar position as a materials coordinator with Johnson Controls, and take the reins to secure a promising financial future. She purchased her first real estate property for $18,000 and turned a profit of $24,000. Since 2002, she has purchased, renovated, and sold more than 600 properties, totaling $50 million in sales.

 

See Also
Black Wealth, African American Wealth, Black Wealth Matters, KOLUMN Magazine, KOLUMN, KINDR'D Magazine, KINDR'D, Willoughby Avenue, WRIIT, TRYB,


Featured Image, Annetta Powell (Photo Courtesy By Oh Studioz)
Full Article @ Black Enterprise

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