Most people would have quit after losing everything. Derrick Kayobyo lost hundreds of millions of shillings to fraudsters. His workshop was burned down. Businesses collapsed. Deals went wrong. Yet those setbacks became the foundation for one of Uganda's fastest-growing real estate companies. In this episode of Financially Incorrect Uganda edition, Derrick shares how he went from selling timber and manufacturing doors to building a real estate portfolio worth over $5 million through Kayo properties. He breaks down the realities of Uganda's property market, the opportunities many investors overlook, how Airbnb helped accelerate his growth, and the painful lessons that came from losing 600M UGX in a land scam. This is a conversation about resilience, calculated risk, building businesses from the ground up, and what it really takes to create wealth in African real estate.Whether you're interested in real estate, entrepreneurship, investing, or building wealth in Africa, this conversation offers practical lessons from someone who has experienced both spectacular wins and painful losses.------------------------------------------------------------------------------------------------------------------------------------------------------------------Tagore Living Apartment - https://share.google/o2fVbZApFQ1tGWd7nFor all your production needs in Uganda: Contact: +256705098317 / +256786312218 | https://www.cinemaug.com/Access all our links in one place: ⁠https://lnk.bio/Financially_IncFor all your production needs in Uganda: Contact: 0705098317 / 0786312218 | https://www.cinemaug.com/💹 Ready to start trading?🔍 Who is FXPesa: ⁠https://shorturl.at/rWFqC🎓 Learn how to trade: ⁠https://shorturl.at/xR2Ye⁠📊 Try a demo account: ⁠https://shorturl.at/izDMc⁠💸 Open a live account: ⁠https://shorturl.at/Od2ux---------------------------------------------------------------------------------------------------------------------------------------------------------------Episode Chapters 00:00 Introduction & Uganda Edition Housekeeping03:00 Meet Derrick Kayobyo05:11 Uganda's Real Estate Opportunity10:06 Growing Up In A Family Of 1015:10 The Fake Pastor Cement Scam19:05 Building A Woodwork Business23:00 Running Business Through University29:00 Competitors Burned Down My Workshop31:14 Rebuilding Through Partnerships33:06 Leaving For South Africa34:08 Discovering Airbnb In Uganda36:11 Land Flipping For Profit37:50 Why He Doesn't Leave Money Idle39:37 Losing 600M UGX To Land Fraud47:24 Building His First House49:35 Scaling A Construction Company54:00 Using Bank Financing To Grow59:09 Inside Kayo Properties1:03:06 Proudest Achievement1:07:50 Building A $5M Portfolio1:09:02 The Timber Business Advantage1:09:49 How He Manages Money Today1:11:02 Goals For 20261:12:23 Final Reflections1:14:08 Kayo Properties & Closing Remarks