← → to navigate
1 / 14
Community Wealth Platform 01 / 14
Strategy Roadmap · Kyle McCullers · May 2026

Community
Wealth Platform

A vertically integrated real estate operating company serving Black homeowners in Brooklyn and Harlem through property management, wealth protection, and community investing.

Phase 0 Active Target: $1M NOI by 2037
Where I Am Today 02 / 14
Starting Position

Current Financial Snapshot

Brooklyn 4-unit (Bed-Stuy)
~$2M Value
3.5% mortgage · ~$1.2M equity
Monthly Gross Rents
$10,400
Monthly Mortgage
$4,600
Annual NOI
~$55K
Deployable Capital
~$580–600K
Professor Salary Starts
August 2027
"The 3.5% mortgage is the most valuable financial instrument owned. Do not sell."
The Thesis 03 / 14

Three Lines. One Flywheel.

01

Property Management

8–10% of gross rents from Black homeowners in Bed-Stuy, Brownsville, and Crown Heights. Recurring fee revenue that compounds with every new client.

02

Wealth Protection

ACRIS deed monitoring + estate attorney referrals. Directly addresses the deed theft epidemic targeting Black homeowners who hold equity without estate plans.

03

Community Investing

Off-market acquisitions sourced directly through the management pipeline. First right of refusal embedded in every management contract.

"The moat is trust. Institutional buyers cannot replicate this."
The Fournier Parallel 04 / 14
What This Looks Like at Scale

Greg Fournier · Greenbrook Partners · Brooklyn · Founded 2017

Fournier built Greenbrook from a single $10M Brooklyn deal in 2018 to 450 scattered-site mid-rise properties and a $486M Freddie Mac refinance by 2025 — the closest real-world model to this plan.

Fournier This Plan
Start $10M deal, called everyone he knew Brooklyn 4-unit, $1.2M equity
Year 1 1 deal Licensing + infrastructure
Year 3 33 deals + programmatic LP Deal 1 + PM company live
Today 450 properties, $486M Freddie refi Target: $1M NOI by 2037
Constraint Capital Time (1/3 commitment)
Edge Execution Community mission + sourcing moat
"At around 50 buildings is when you can sense that the wheels might come off." — Greg Fournier
The Flywheel 05 / 14

The Proprietary Pipeline

ACRIS Monitoring
→
Trusted Advisor
Relationship
→
PM Client
→
Management Contract
Signed
↙ loop back
↓
First Right of
Refusal Embedded
→
Off-Market Acquisition
below retail · no competition
→
Portfolio & Fees
Grow
→
More PM Clients
"50 management contracts = 50 potential acquisitions invisible to outside buyers."
5 Sourcing Channels
ACRIS lis pendens ACRIS deed fraud alerts Probate court filings Direct mail to free-and-clear owners Management client referrals
Domain 01 06 / 14
Real Estate Acquisitions

The Acquisition Roadmap

When What Key Numbers
Now Brooklyn 4-unit (existing) $55K NOI · $1.2M equity
Q3 2026 HELOC pre-qualification Target $150–200K draw
Q4 2027 Deal 1 — Ridgewood 6-unit ~$1.4M · 7.84% cap · $26K cash flow/yr
Q4 2029 Deal 2 — Newburgh 4-unit ~$800K · 8.7% cap · $21.5K cash flow/yr
2033+ First commercial deal 20–30 units · commercial lending
Never sell the 3.5% mortgage  ·  1031 everything  ·  6 months reserves always
Domain 02 07 / 14
Community Wealth Platform

The Operating Business

Build Timeline
Q3 2026Management LLC formed
Q4 2026ACRIS monitoring service launched
Q1 2027First PM clients (broker licensed)
Q4 202715–20 units under management
Q4 2028First right-of-refusal acquisition closes
203050+ units · platform proven
The Problem We Solve

Deed fraud in Brooklyn targets Black homeowners who own outright with no estate plan. A property in a revocable trust with active ACRIS monitoring is nearly immune to deed theft.

The Competitive Moat
"The referral network, first rights, and community trust took years to build. They cannot be bought."
Domain 03 08 / 14
Legal & Licensing

The Legal Foundation

Entity Structure
Kyle McCullers
↓
Revocable Living Trust
↓
KM Brooklyn Trustexisting
KM Ridgewood LLCDeal 1
KM Newburgh LLCDeal 2
KM Property Mgmt LLCoperating co.
Broker License Path — Target Q4 2026
Coursework77 hours (The CE Shop, online)
ExamOne NYC trip: school exam + DOS exam back-to-back
Total CostUnder $800
⚡ First StepCall DOS (518-474-4429) — confirm 2012 course credit
"Broker license required before first management client. No exceptions."
Domain 04 09 / 14
Capital & Relationships

Building the Capital Network

"Relationship runway must be 3–4 years ahead of capital need. People who write $500K checks in 2031 are in these rooms now."
Key Relationships
David Hiemstra
Quadec/Penstock · Ross ETA (Entrepreneurship Through Acquisition) Lecturer · Fall course enrollment pending
Rafael McFerran-Lopes
Pioneer Capital Advisory · SBA 7(a) specialist
Matthew Peters
Marcus & Millichap · Brooklyn broker · Reframe as buyer lead
"You've been running an LBO since 2011. That is an operating track record."
Conference Circuit
2026 SEETA (Sept) + HBS ETA (Nov)
2027 Wharton (Spring) + Booth-Kellogg (Fall)
2028 Capital Camp (June) — LP relationship building
Domain 05 10 / 14
Technology & Tools

Operational Infrastructure

Tool When Purpose
ACRIS Lis Pendens Monitor Q3 2026 Daily LP filing alerts · Brooklyn/Queens · class C/D multifamily
Deal Underwriting App Q1 2027 Standardized model per listing · removes emotion from decisions
Portfolio Dashboard Q1 2028 Real-time rent roll, NOI, debt service across all properties
Rent Comp Scraper Q3 2028 Zillow/StreetEasy market intelligence, weekly refresh
LP Reporting Automation 2030–2031 Quarterly investor reports: full day → 20-minute review
ACRIS monitor: Built in Claude Code. ~150–200 lines Python + cron. Feeds both the acquisition pipeline and the deed fraud protection service.
Financial Model 11 / 14

NOI Progression to $1M

May 2026
~$55K
Q4 2027
~$165K
Q4 2029
~$235K
2030
~$280K
2033
~$575K
2037
$1M+
Conservative (2037)

Solo acquisitions + PM company organic growth

Aggressive (2030–2032)

Syndication from 2029; GP carry accelerates NOI timeline

Phase 0 capital: $455–460K allocated from ~$580–600K deployable. Buffer: ~$120–145K.
Master Timeline 12 / 14

24-Month Roadmap

Track Q3 '26 Q4 '26 Q1 '27 Q2 '27 Q3 '27 Q4 '27 2028
Real Estate HELOC prep Auction (obs.) Deal 1 search Broker outreach Pre-approval DEAL 1 CLOSE Stabilize → BRRRR
CWP Mgmt LLC Soft launch First clients 10 units 15 units 20 units 30+ units
Legal Trust + Enroll BROKER EXAM Form D1 LLC — — D1 LLC active —
Capital Peters + SEETA HBS ETA SBIC outreach Wharton MBA pipeline Booth-Kellogg Capital Camp
Tech ACRIS MVP Deed fraud ext. UW App — — — Dashboard → Comps
Finance HELOC draw Reserve build D1 pro forma — W2 starts D1 P&L live Scenario update
★ Q4 2026: Broker Licensed
★ Q4 2027: Deal 1 Closes
Risk Management 13 / 14

Risks and Mitigations

Leverage exposure
6-month total debt service reserve always; 70–75% LTV max
NYC regulatory (rent stabilization, Local Law 97)
Prioritize free-market units; expand to Metro-North markets (Newburgh, Peekskill)
Time constraint (1/3 commitment at scale)
COO hire by ~2030–2031; MBA pipeline starts Q3 2027
COO dependency (single key hire)
5–7 year equity vesting; never let one departure break the model
BRRRR timing / renovation overruns
Phase 1 deals are value-add only — no ground-up construction
Community trust erosion
Mission pricing discipline; equity participation options for sellers
Next 90 Days 14 / 14

The Next 90 Days

Urgent — Act This Week
01 ⚡ Call DOS (518-474-4429) — confirm 2012 broker course credit before enrolling in anything
02 ⚡ Email David Hiemstra — Fall ETA course enrollment at Ross
03 ⚡ Contact Emmanuel Yimfor (Columbia) — PPP photo-verified sub-sample (dissertation critical path)
Q3 2026 Priorities
D03 Engage NY real estate attorney + CPA
D03 Form revocable living trust
D02 Form management LLC
D03 Enroll in broker qualifying course (The CE Shop)
D05 Build ACRIS lis pendens monitor MVP
D01 Call lender re HELOC pre-qualification
D04 Respond to Matthew Peters — buyer lead framing ($1.5–2.5M, Ridgewood/Queens, 7%+ cap)
"Phase 0 is infrastructure. Everything built now makes Phase 1 possible."