The theme: "Urging People to 'Get Your Money Right!"' Simmons believes now is the best time to buy a home because the property will eventually appreciate.
"There are opportunities out there, but people just don't know about it," Simmons said. "With financial stability, it's a great time to buy when it's low. It'll pick back up in the long run."
Participants came away with an 86-page booklet, half in English and half in Spanish, stressing the importance of home ownership, a solid credit score and other vital steps for first time home buyers.
One of those who attended, Aaliyah Mitchell, 24, said, "I'm certainly going to benefit from this."
Mitchell, a former student at Clark Atlanta who now attends a tech school, added, "With stars like Russell Simmons and Ludacris speaking to us, who don't understand about purchasing a home, I think we'll have more understanding now."