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

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Investing, Business

4.8 • 16.6K Ratings

🗓️ 2 December 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

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 Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Shop the BiggerPockets Bookstore Black Friday SALE Interested in Self-Storage Investing? Grab the Book, “Storing Up Profits” Find Investor-Friendly Lenders 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 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Yamu Kamara grew up sleeping on a dirt floor in Gambia and overcame some incredibly difficult
0:06.2	circumstances to move to the U.S. and start investing in real estate.
0:10.3	When she first appeared on the Bigger Pockets podcast back in May of 2023, she had already
0:15.4	acquired more than 30 rental properties across Illinois, Ohio, and Georgia. And today, YAMU is back to share more
0:22.6	of her incredible story.
0:28.9	Hey, everyone, it's Dave. YAMU's first episode, if you haven't heard it already, is number
0:34.6	761 back from May of 2023 and is one of the most popular podcast in this show's
0:41.2	entire history. So we wanted to bring her back to catch up on the last 18 months of her investing.
0:48.3	And I'll give you a spoiler. She's still crushing it. I really think she has one of the most
0:54.0	inspirational stories that we've
0:56.0	ever heard on this podcast, and honestly, on any podcast that I've listened to. And the things that
1:00.9	she's endured and overcome to build her portfolio add some much needed perspective to the
1:06.6	entire real estate industry. Just a heads up, before we jump in, Yamu does describe some of the
1:12.3	abuse she suffered before she came to the U.S. So please take care when listening. All right,
1:17.6	without further ado, here's my conversation with investor Yamu Kamara.
1:22.5	Yamu, welcome back to the Bigger Pockets podcast. Thanks for being here.
1:26.7	Thank you so much, Dave. Thank you for having me. It's an honor.
1:29.7	Well, it's an honor to have you back. Your first appearance on the Bigger Pockets
1:32.8	podcast was one of the most popular episodes we've ever done. And just on a personal note,
1:38.2	I found it to be one of the most inspiring and interesting stories we've ever had on this podcast.
1:43.4	So I'm super excited to have you back.
1:46.0	For those of you who didn't hear Yamu's first episode, she first told her story back on episode
	...

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