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.
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ANECDOTE

Childhood and Fellowship

  • Yamundow Camara grew up in Gambia, West Africa, amidst difficult circumstances, including abuse after her parents' deaths.
  • She found solace in education and started a non-profit teaching girls to code, eventually leading her to a fellowship in the US.
ADVICE

Keep Your W2

  • Keep your W2 job if it doesn't hinder your real estate scaling.
  • Don't quit just because of a few rental properties; true financial freedom requires significant cash flow.
ANECDOTE

Facebook Marketplace Deal

  • Yamundow found a 12-unit deal on Facebook Marketplace, a platform often overlooked by investors.
  • She proactively contacted the seller through their property management company, demonstrating resourcefulness.
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