Wonderful Togbey joins us to explain how he’s grinded to build a rental portfolio of 20 doors and is actively scaling!
Wonderful shares his start in REI back in Omaha, Nebraska. He breaks down a deal in Bronzeville that closed right at the onset of COVID that came equipped with non-paying tenants! Wonderful reflects on lessons learned from gut renovations including considerations on layouts to maximize rents. He has multiple examples of pivoting while under, and even getting a second job to get deals done. This episode is a motivating one with countless stories showcasing perseverance and grit.
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02:17 Housing Provider Tip - Leverage Google Earth and other tools for measurements and floor plans!
03:55 Intro to our guest, Wonderful Togbey!
09:21 Starting real estate investing in Omaha, NE.
13:40 Challenging Bronzeville Deal with COVID looming!
19:51 The power of long term investing and dealing with non-paying tenants.
30:16 Wonderful’s first gut rehab project and buying another property simultaneously!
36:38 Cultivating perseverance in real estate.
41:56 Lessons learned from redeveloping a building.
47:41 Wonderful’s long term investing goals.
50:36 Management systems for small investors.
52:14 What is your competitive advantage?
52:50 One piece of advice for new investors.
53:34 What do you do for fun?
53:45 Good book, podcast, or self development activity that you would recommend?
54:23 Local Network Recommendation?
54:52 How can the listeners learn more about you and provide value to you?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Wonderful Togbey
Guest Company:
Guest Link: Wonderful's Linktree
Other Links for show notes:
How to Win Friends & Influence People (Book Recommendation)
Eric Workman (Network Referral)
