Man Rises From Security Guard to Owning High-End Real Estate Company
- Hajji Yasin Bakaluba relocated to the UK at 19 to work as a security guard, focused on making it in life
- He intentionally lived below his means to save money, which he invested in land and houses
- By the time he returned home after 19 years abroad, he owned 35 apartments
Hajji Yasin Bakaluba rose from humble beginnings to building over 200 multi-million homes in Uganda.
Source: UGC
He attributes his journey to hard work and perseverance, which is why he currently owns Bakulaba Properties.
When did Yasin move to UK?
Yasin's story began at age 19 when he relocated to the UK to work as a security guard.
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During his time in the UK, he was inspired by stories of countrymen who had risen from grass to grace. Due to the nature of his job, he had a lot of free time to read inspirational stories, which instilled a longing to succeed.
Although his idea was present, he could not afford it initially because his earnings were insufficient.
How did Yasin achieve his dream?
Bakaluba reveals that many people abroad struggle financially because taxes and the cost of living are high.
"I have seen many people get good jobs, get loans which capture them, and they end up taking their lives," he said.
Yasin decided to minimise his expenses and save whatever he could to achieve his dreams.
By intentionally living below his means while in London, he saved R28K in two years, which he used to buy land back home.
What was Yasin's first investment?
After getting his land title, he slowly developed his 50-by-100-foot plot and built six two-room rental units.
“I built in stages and completed them in about 18 months. Materials and labour were not as expensive as they are today,” he recalled.
The rentals fetched him R487 each month, which his tenants deposited into an account.
The following year, he withdrew R34k, topped up his savings and bought another plot on which he built eight rental units.
“My father inspired me greatly. I grew up seeing him buy land and develop it slowly. He was never in a rush,” Yasin narrated.
See the video below:
What lessons has Yasin picked in life?
When he returned home after 19 years abroad, the former security guard had accumulated several properties.
Yasin discloses that as of the time he was packing to leave London, he owned 35 apartments. Since then, he has grown his empire in leaps and bounds and currently owns over 200 houses.
He believes that everyone with a source of income and the right mindset has the ability to become a homeowner.
Student caters for security guard during night shift read
Meanwhile, Briefly News reported that one learner left many people on the internet in their feelings as she showed off how she takes care of a security guard at res. In the clip, the young lady showed off how she prepared the gentleman a few goodies, and the footage gained a massive attraction.
The stunner's grand gesture touched the online community as they took to the comments to praise her.
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Source: TUKO.co.ke
