In episode 52, Mizo and I shared that our mission for year 2 of this podcast was to showcase real estate investors in other African countries, besides South Africa, so we are excited about episode 56.
In this week's episode, we talk to Jacqueline Tsuma, a real estate investor from Kenya who helps other investors profit from a rent to rent strategy in various African countries.
Jackie was born in Kenya but has lived on 2 continents and worked in 4 different countries.
Her real estate investment journey started when her husband started sharing how his work colleagues would team up with each other to buy large properties (10 - 50 acres) in Kenya and also flip properties in South Africa.
Hearing these stories got both of them interested in the property market and they soon got a US Dollar loan at 6.5% and used that to buy their first property in Mombasa, Kenya.
They soon realized that that property was great for vacation rentals and could be used to generate them an income and 6 months later, they found themselves shopping for another property, and as they say, the rest is history.
Today Jackie helps Africans in the diaspora enter the real estate market on the continent using a rent to rent strategy.
She helps clients rent properties in various African countries, furnish those properties and then works with them to sublet the properties on Airbnb or to diplomats at a higher price.
She works with a team of experts and investors on the ground in various African countries including South Africa, Kenya and Rwanda.
This is another eye-opening episode.
Click play to listen to this week's episode and leave us a note in the comments section below.
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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