Jamil Damji is an accomplished real estate investor and coach for aspiring wholesalers and investors. He is the creator of AstroFlipping, which is his version of a better way to conduct wholesale deals. His teachings are working, as he has hundreds of testimonials from clients who used his methods to kickstart their real estate careers.
This article discusses Jamil Damji net worth, AstroFlipping, and how Jamil got his start in the lucrative real estate investing field.
Who is Jamil Damji?
Jamil Damji is well-known for his company, KeyGlee, and his success in the real estate investing industry. He is an accomplished businessman with nearly twenty years of experience in real estate investing and wholesaling- and doesn’t plan on stopping any time soon.
In addition to his foray into real estate technology with KeyGlee, Jamil Damji founded AstroFlipping and launched a mentorship program for those looking to get started in the real estate industry. According to his website, Jamil Damji has taught over 3,000 budding entrepreneurs and has helped nearly all of them launch their real estate businesses.
As of 2022, Damji reported to have completed over 5,000 transactions totaling $30 million over the course of his career. Jamil also has a successful YouTube channel where he shares his expertise in long-form video for his audience. Jamil is very active on YouTube and posts videos to his channel daily.
Jamil has a background investing in multifamily properties in Canada, so it makes sense that he teaches his students how to do the same. In addition to multifamily properties, Jamil targets distressed properties for fix and flips and stars in the A&E television series Triple Digit Flip alongside Pace Morby.
Jamil Damji KeyGlee
Jamil Damji’s KeyGlee company started in 2016 with the goal of producing the best real estate technology for investors of all experience levels.
In addition to Jamil Damji, KeyGlee was founded by three other entrepreneurs including Rahima Blaza, Josiah Grimes, and Hunter Runyon. All four founders have extensive experience in the real estate industry, which is why KeyGlee is so successful.
KeyGlee offers a wide range of off-market properties that allow investors to diversify their portfolios, including single-family homes, multifamily properties, land used for new builds, buy and hold properties, and other lucrative developments.
Key offerings from KeyGlee include a buyer’s list, which immediately notifies members as new off-market properties become available in your local area. KeyGlee also has a mobile app that gives you instant access on the latest deals right on your phone.
The KeyGlee process has four steps from start to finish, including:
- Finding off-market properties. KeyGlee has an extensive inventory of off-market properties that investors can choose from. Once you find a property that has potential, you’ll send KeyGlee your business name and email for them to contact you. KeyGlee then sends a formal contract that allows them to secure the deal. However, it’s important to act fast, since all contracts operate on a first come first serve basis.
- Escrow. KeyGlee recommends signing the contract no later than two hours after receiving the Docusign email. You’ll then open an escrow account within the same business day which allows you to send $5,000 in certified funds directly to the title company via check or wire transfer.
- Closing with the title company. As soon as the title company confirms they received your funds, you’ll coordinate the next steps with the title company to finalize your deal and close on the sale.
- KeyGlee closing the sale. KeyGlee aims to put the finishing touches on your deal by handling details like acquiring the keys to the property and finding out critical information regarding tenants and whether or not the property is a rental.
KeyGlee also regularly updates their blog page where they provide updates on the real estate industry and cover helpful tips for those looking to get into real estate investing.
Jamil Damji AstroFlipping
Jamil Damji’s Astro Flipping program started as a way to help real estate investors and wholesalers close more deals with a proprietary systematized approach to acquiring properties.
The nine-step approach to AstroFlipping is detailed on their website, but includes steps such as marketing, mindset, automation, and measuring results.
Instead of a traditional wholesale deal where the wholesaler assigns a contract to an end buyer for a fee, the Astro Flipping approach focuses on marketing other wholesaler’s deals. This method is also known as co-wholesaling or JV. Their teachings show you how to build an entire business out of co-wholesaling and drastically increase your deal flow and profits.
Jamil Damji’s AstroFlipping approach has gained attention among the real estate investing and wholesaling community. In part due to his show on A&E and connections with other prominent real estate investors like Pace Morby, Jamil Damji continues to make a name for himself in the industry.
Jamil Damji Net Worth
Jamil Damji’s net worth isn’t known by the public, but we did some research to find the closest prediction to what Jamil Damji’s net worth is right now. Jamil started KeyGlee in 2016, and the company now has 100 employees and regularly closes 60 deals per month as a team. This means that most of Jamil Damji’s net worth and income is from KeyGlee.
Additionally, KeyGlee is a franchise operation similar to that of Starbucks and McDonalds. He’s one of the first entrepreneurs to operate their real estate company as a franchise, and the model seems to be working.
Jamil also said that in 2022, he closed over $30 million in real estate over his career. This makes it difficult to estimate Jamil Damji’s net worth, although some online sources point towards him growing his wealth with his YouTube channel.
As of February 2023, Damji has 30,000 subscribers which he regularly monetizes with YouTube ads and brand partnerships. Estimates of earnings from YouTube with 30,000 subscribers varies, but it’s probably safe to assume he’s generating over 100k per month. His brand deals and offerings are a separate source of revenue.
We can estimate Jamil Damji’s net worth is about $5 million from his TV deal, KeyGlee, sponsorships, AstroFlipping, and his growing YouTube channel.
Jamil Damji Wife
Online sources confirm that Jamil Damji’s wife is Natalie Gallant, and they have two daughters– Tayla and Karisma. Damji is bi-lingual and is fluent in English and Kutchi (which is a native language spoken in North India and Pakistan).
Be sure to check out our website for more information wholesaling and how to get started with real estate investing.
Related: Pace Morby Net Worth
