Building A Somali Owned Mall?

[CanoGeel]

I almost have enough money to get into Real Estate, but I want something that's beneficial to the Somali community within Minnesota.

All the Somali malls are owned my shitty arabs who abuse Somalis and have dirty malls

Should I invest and build a Somali-Owned Somali Mall? One that is modern and clean while supporting Somalis/Not Abusing them

It would have its own Masjid and all

However, I won't worry about the stores or anything, I just collect the rent money from each store ($1,000-$1,200)

Thoughts?

crowd sourcing is the way. or CO-OP type initiative. I'll throw one Bitcoin to u r way.

 

[Gucci Bucket Hat]

I almost have enough money to get into Real Estate, but I want something that's beneficial to the Somali community within Minnesota.

All the Somali malls are owned my shitty arabs who abuse Somalis and have dirty malls

Should I invest and build a Somali-Owned Somali Mall? One that is modern and clean while supporting Somalis/Not Abusing them

It would have its own Masjid and all

However, I won't worry about the stores or anything, I just collect the rent money from each store ($1,000-$1,200)

Thoughts?

1k is nothing for rent, stores make that in one day

 

[Sedderr1234]

Really? All of the Somali malls are owned by Arabs? Not one is owned by Somalis? Is it the same in Maine or in Ohio as well?

 

[CanoGeel]

They argued that it's gentrification, in any case they chose to live like that.

Despite opposition, plans move ahead for Somali mall in Minneapolis

Some call Council Member Abdi Warsame's efforts a political maneuver.

www.startribune.com

Dayuths or ignorants

 

[CanoGeel]

I almost have enough money to get into Real Estate, but I want something that's beneficial to the Somali community within Minnesota.

All the Somali malls are owned my shitty arabs who abuse Somalis and have dirty malls

Should I invest and build a Somali-Owned Somali Mall? One that is modern and clean while supporting Somalis/Not Abusing them

It would have its own Masjid and all

However, I won't worry about the stores or anything, I just collect the rent money from each store ($1,000-$1,200)

Thoughts?

Check this out bro
Commercial property investment 101

 

[Dooyo]

Have you done basic market research on malls? They have been on decline every since more people started moving to online shopping. 2020 a big blow malls and brick and mortar stores

Somali malls are different. They’re not just malls, they are areas where the Somali community can come together, interact and feel a little unity. As long as refugees are coming into the States and the Somali community is thriving, there will be no decline of Somali shops/malls.