Brick by Brick
What is the term for buying a property with the intent to rent it out while living in part of it?
House hacking
What does ETF stand for?
Exchange-Traded Fund
What was the name of the prophet who anointed both Saul and David as kings of Israel?
Samuel
Who became America’s first female self-made millionaire by selling hair care products?
Madam C.J. Walker
What is the percentage typically required for a down payment on an FHA loan?
3.5%
What is the term for owning a small part of a company by purchasing shares?
Stock ownership (or equity)
Which king was known for his wisdom and wealth?
King Solomon
Who founded FUBU, a global clothing brand?
Daymond John
What is the 1% Rule, and why is it important for rental property investors?
The 1% Rule states that a rental property should generate at least 1% of its purchase price in monthly rent to be considered a good investment.
What is the name of the stock market index that tracks the 500 largest U.S. companies?
S&P 500
In the Parable of the Sower, what do the seeds that fell among thorns represent?
People who hear the Word, but worries of life and deceitfulness of wealth choke it out, making it unfruitful (Matthew 13:22)
Which NBA legend became a billionaire through investments in Starbucks, real estate, and sports teams?
Magic Johnson
What are the four ways real estate investors make money, commonly known as the Four Pillars of Real Estate Wealth?
What is the difference between fundamental analysis and technical analysis in stock investing?
What businesswoman in the Bible sold purple cloth and helped spread Christianity?
Lydia
Which entrepreneur founded Motown Records, launching the careers of artists like Stevie Wonder and The Supremes?
Berry Gordy
What is a DSCR loan, and why is it important for real estate investors?
A Debt Service Coverage Ratio (DSCR) loan is a type of financing based on a rental property’s income potential rather than the borrower’s personal income. It’s commonly used by investors who have multiple properties and want to scale without relying on traditional income verification.
What is the P/E ratio, and why is it important for stock investors?
The Price-to-Earnings (P/E) Ratio = (Stock Price ÷ Earnings Per Share). It helps investors determine if a stock is overvalued or undervalued relative to its earnings.
Who was the only female judge of Israel?
Deborah
What Black entrepreneur co-founded Blavity, a digital media platform for Black millennials?
Morgan DeBaun