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 115: Unconventional Real Estate
Episode 114: Creative ways to fund property developments without bank funding
Bonus Episode: Raising over R2.6 million in the stokvel and changing our name
Episode 113: How to work with a quantity surveyor to increase your profits and decrease expenses
Episode 112: Growing a construction company by 400% in 10 years
Episode 111: Investing in property straight out of college & owning a 9 unit property at the age of 28
Bonus Episode: Raising R268,974/US$17,935 in 7 days to invest in property
Episode 110: Buying 3 positive cash flowing multi-lets during a pandemic
Episode 109: The magic is in your mess
Episode 108: From rural Limpopo to building a multi million rand property portfolio
Episode 107: How to build a property portfolio that replaces your income in less than 5 years
Episode 106: How to make 2 to 3 times your rental income as an AirBnB Hostpreneur
Episode 105: How to own 6 properties in less than 12 months
New Year Episode: Setting property investment intentions and understanding your investor archetype
Episode 104: The Low Money or No Money Down strategy of Property Investing
Episode 103: How to go from a negative cash flowing property to raising R9 million (US$571,000) for a property development
Bonus Episode: Making 15% Return on Investment in 3 - 6 months
Episode 102: How to make money from sourcing real estate deals
Episode 101: How to raise R331,000/ US$21,000 in 5 weeks in a property stokvel/fund
Episode 100: Celebrating 100 episodes and using creativity to build a profitable property business
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