Syama Bunten
I am joined this week by the bold and brilliant Mel Dorman. Mel is not only a successful real estate investor with nearly three dozen rental units but also a financial activist devoted to helping people reclaim their financial power through ethical real estate investing.
Today, we dive deep into Mel's journey from being a self-described "anti-capitalist" social worker to becoming a real estate investor who's redefining what wealth-building can look like when it centers people and community. You'll hear about Mel's unconventional first business breeding reptiles in high school, her transformative humanitarian work abroad, and the family crisis that sparked her mission to build wealth differently.
Mel shares how she discovered seller financing as an alternative to traditional real estate investing, building a multi-million-dollar portfolio starting with just $500 out of pocket. She opens up about the profound moment at her father's bedside that crystallized her purpose to teach others what she learned too late to help him. Listen as Mel talks about creating the Seller Financing Academy, her vision for economic justice through local ownership, and how transformation happens when we build wealth in community with our neighbors rather than extracting from them.
Key Topics:
Starting with financial celibacy and learning that opting out of capitalism doesn't protect you from it
The family crisis that forced a reckoning with money as power and agency
Discovering seller financing as a relationship-based investment strategy built on social capital, not money capital
Turning $500 into 23 rental units through creative deal structuring and strategic thinking
The promise made at her father's bedside that became her life's mission
Why transformation happens in community, not through weekend boot camps
Building ethical real estate ecosystems where neighbors become partners instead of extraction targets
Connect with Mel online:
Website: https://www.meldorman.com/
Book: Bank on Your Neighbor
TEDx Talk: https://www.youtube.com/watch?v=ptadc1hNEi8
Instagram: https://www.instagram.com/mel_dorman/
LinkedIn: https://www.linkedin.com/in/melissadorman/
Seller Financing Academy: https://www.sellerfinancingacademy.com/
Find more from Syama Bunten:
Instagram: @syama.co, @gettingrichpod
Join Syama's Substack: https://thewealthcatalystwithsyama.substack.com/
Website: wealthcatalyst.com
Podcast: wealthcatalyst.com/getting-rich-together-podcast
Download Syama's Free Resources: wealthcatalyst.com/resources
Wealth Catalyst Summit: wealthcatalyst.com/summits
Speaking: syamabunten.com
Big Delta Capital: www.bigdeltacapital.com