In three years, Yamundow Camara has built a rental property portfolio that generates $80,000 a month in revenue – and it all started from an investment of just $8,000.

Yamu didn’t plan to start a property business when she moved to the United States. Growing up orphaned in a small village in Gambia, Yamu’s dream was to have a house of her own. She came to the US to study data science. It was after graduation that she saw the opportunity to build wealth through real estate, investing all the savings she had to purchase her first property.

Today, Yamu has properties in multiple states, with a mix of section 8 rentals and direct bookings. She shares her property management strategy for these long-distance investments and how she finds and chooses the properties she adds to her portfolio. We’ll also hear how she bought that first property with limited financial resources and how she uses her cash flow to keep growing the business.

Yamu’s story is proof that you don’t need to be wealthy to invest in real estate. Her insights in this interview can help you follow her model to start growing a property business however much you have (or don’t have) in your savings account.

Resources:

Building Wealth from Rentals - Connect with Yamundow on Instagram
Yamu on TikTok - See more from Yamu on TikTok
How to Invest in Real Estate: 7 Steps to $100K/Month - UpFlip blog post with more insights on real estate investing
Compound Interest: 10 Financial Truths to Protect Your Wealth - book by Will Duffy outlining strategies to build and safeguard wealth

Connect with UpFlip:

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

Thanks for listening!

78. From Deep Poverty to $80K/Month Rental Income

The UpFlip Podcast