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April 5, 2024

Tech CEO Turned Successful Real Estate Investor

Tech CEO Turned Successful Real Estate Investor

Summary In this episode of the Black Wealth Effect Podcast, Deji shares his experience starting a tech company and immigrating to Canada to build wealth as a real estate investor. The episode also covers seller motivation and the reasons why...

Summary

In this episode of the Black Wealth Effect Podcast, Deji shares his experience starting a tech company and immigrating to Canada to build wealth as a real estate investor. The episode also covers seller motivation and the reasons why homeowners sell their homes privately. Deji shares tips for finding off - market deals, his approach to growing his mindset and being successful as a real estate investor.

Takeaways

  • When buying a house as an investor, it's important to consider the seller motivation behind the sale 
  • Financial difficulties can be a strong motivation for sellers to sell their house
  • Focusing on the bigger picture and the future goals is more important than getting the highest price for a house
  • Having the right mindset and being willing to let go of attachments can lead to a smoother selling process.

Chapters

  • 00:00 Introduction and Background
  • 3:38 Solving Transportation Problems in Lagos
  • 7:56 The Power of Branding and Community Building
  • 11:52 Building a Unique Brand in the Motorcycle Hailing Industry
  • 29:02 Understanding Seller Motivations in Off-Market Deals
  • 40:39 The Value of Patience and Collaboration in Real Estate

Connect With Deji

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