Situation: You are in school and your friend asks you how your

day is going and your reply would be: "Oh it's all good in the hood"
or

Lets say you are on vacation, and you left your friends to watch your home and you want to check on things you could say " Hey are things all good in the hood?"

ex. (talking to a friend on fbook chat)

person 1: hey man whats going on tonight
person 2: i gotta go to the bathroom il poopt you

or

person 1: whatsup man what are you doing?
person 2: poopting you

Me and that bitchass shaniqua were fightin, then i bout her sum cheapass chocolates and now its all good in the hood

I feel it's really time for me to enroll in the university because my dad hit the jackpot and it's all good in the hood.

"Sorry about nearly breaking your vase, Carl."
"I don't mind, man. All good in the hood."