BiggerPockets Real Estate Podcast

The “Dirt Floor to $80K/Month” Investor is BACK (and She’s Gone BIGGER!)

Dec 2, 2024

Yamundow Camara, a resilient real estate investor from The Gambia, shares her extraordinary journey from sleeping on a dirt floor to owning over 150 rental units. She details her recent shift to self-storage investments for lower maintenance and cash flow. Yamundow emphasizes why she holds onto her W2 job, suggesting it mitigates risks. Listeners will be captivated by her stories of navigating renovations and city regulations, all while inspiring others to chase their investment dreams against the odds.

43:15

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Episode guests

Yamundow Camara

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Episode notes

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Quick takeaways

Yamundow Camara's remarkable transformation from poverty to owning over 150 rental units underscores the power of resilience and hard work in real estate investing.

Her strategic pivot to self-storage investments and commitment to maintaining her W2 job reflect a balanced approach to financial security and continuous growth in her portfolio.

Deep dives

Yamu Kamara's Inspirational Journey

Yamu Kamara's life journey from growing up in Gambia on a dirt floor to becoming a successful real estate investor in the U.S. highlights incredible resilience. After losing both her parents by age 11 and enduring hardships, including significant abuse, she found solace and strength in education. Winning a fellowship that allowed her to study in the U.S. marked a significant turning point, as it opened opportunities that she never thought possible. This transformation fuels her motivation to inspire others who face similar obstacles, demonstrating that perseverance can lead to success against all odds.

Intro

3min

From Adversity to Success

4min

Balancing a Full-Time Job with Real Estate Investing

6min

Navigating Real Estate Challenges

11min

Navigating Cash Flow and Future Investments in Real Estate

5min

From Residential to Self-Storage: A Journey

16min

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!

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