In this week’s Property Magicians Podcast, we talk to Anaiyah Robinson, a 28-year-old mom and full-time real estate investor residing in Atlanta, GA, USA.
Anaiyah comes from an entrepreneurial family and started investing in real estate straight out of college, after being invited to a free real estate seminar.
From the seminar, she was able to learn how to use real estate for retirement and to pay for her kids’ education. The first house she bought was an investment property to fix and flip in 2017 - she sent out mail, via direct mail, to out of state owners and she ended up buying the house under contract.
She paid for the house through a hard money lender but had some hiccups - she ended up changing contractors 5 times but she ended up making a U$15,000 profit.
After that project, she was supposed to go to South Africa but she didn’t want the money to sit in the bank, so she loaned that money out and ended up doubling the money and making an extra US$20,000 from loaning that money out.
After that, she moved into the rental property space and bought her first rental property in 2018. She got a loan for first-time homeowners and bought a single-family home and converted it into a duplex. She also ended up getting a single-family unit for her and her family.
At the end of 2021, Anaiyah ended up getting a 9 unit multi-let for US$590,000. The bank financed the property for US$438,000, so she ended up selling her duplex and used the money she loaned and got an extra loan to make up the US$182,000.
She is currently renovating the multi-let, they plan to get every unit done within 4 weeks. They will also turn one of the units into an Airbnb unit.
This is another eye-opening episode.
Tune in and let us know your comments.
Click play on the audio below to listen to this week's episode.
Episode 132: What happens when someone owes you money and won’t pay
Episode 131: Creating financial freedom with real estate in Botswana
Episode 130: Growing a coffee brand throughout South Africa
Episode 129: Building student accommodation in the township
Episode 128: A fintech company that helps you go from first time homebuyer to property investor
Bonus Episode: The most common property investing questions with PropDocMom
Episode 127: Building a real estate portfolio through intuition and ancestral wisdom
Episode 126: Understanding your why when investing in property
Episode 125: Talking to the author of “Stokvels - How they can make your money work for you”
Episode 124: From sourcing deals for investors to investing in multi-lets
Bonus Episode: How to determine if a property is profitable or a good investment
Episode 123: How to earn passive income with short-term rentals as a full-time employee
Episode 122: How to make R27,000 (US$1,695) per month on your first property flip
Bonus Episode: Make 17% ROI per annum in your next property deal
Episode 120 (repost): From Being a Creative to making R100k (US$6500) in his first real estate deal
Episode 121: Buying your first property at 21
Episode 119: How to make a fortune developing low-income housing in South Africa
Episode 118: Making US$2,000 - US$4,000 a month with a guest house in Botswana
Episode 117: Using multiple strategies to build your real estate portfolio
Episode 116: How to own property in Rwanda
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