Yamundow Camara grew up in The Gambia. After losing her parents at a young age, she was taken in by relatives who forced her to sleep on a dirt floor and treated her like a constant burden. Fast forward to 2024, Yamundow has over one hundred rental units and makes hundreds of thousands of dollars (if not millions) in passive income yearly. She STILL works a W2 while running her real estate portfolio. If she could do it, you can, too.
If you missed Yamundow’s first episode, we highly recommend listening to it after this one. She goes into great detail on her troubling upbringing, moving to the US, and buying her first real estate deal. Now, she’s gone bigger…much bigger—scaling from thirty-two units to over 150 rental units in just over a year. And she’s not just in residential real estate anymore.
Yamundow discusses the deals she’s bought, the hellish renovation project she went through, and her newest commercial real estate asset—a cash-flowing self-storage facility that takes just thirty minutes a week to manage! Yamundow is the epitome of “rags to riches.” We guarantee you’ll be inspired to invest after you hear this one!
In This Episode We Cover:
Going from complete poverty to millionaire by scaling smart in real estate
Why Yamundow started investing in self-storage recently instead of rentals
The reason Yamundow STILL has her W2 job (and thinks you should NOT quit!)
What to do when the city government is ruining your renovation plans
Finding real estate deals for sale on…Facebook? Here’s how Yamundow does it
Sponsoring orphans, writing a book, and Yamundow's big TV show dreams
And So Much More!
Links from the Show
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From Sleeping on the Floor to Making $80K/Month (in 2 Years!)
Connect with Yamundow
Connect with Dave
(00:00) Intro
(01:22) Sleeping on Dirt Floors After Losing Everything
(04:55) 32 Units While Working a W2!
(09:15) Inspiring Others to Invest
(10:27) A Hellish 12-Unit Renovation
(15:27) Financing and Working with Contractors
(18:13) BIG Section 8 Cash Flow
(20:54) Getting into Self Storage Investments
(25:36) Supporting Her Family
(29:58) What's Next?
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1051
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