Section 8 Karim / Karim Naoum

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Section 8 Karim / Karim Naoum

Section 8 Karim / Karim Naoum

@Section8Karim

🏡 From Working for Section 8 at 17, to owning 100+ Section 8 Rentals. 💭 Pushing $100k/mo in Guaranteed Rents 👇 DM me “SECTION8” to start

New Orleans, LA Katılım Şubat 2021
68 Takip Edilen1.5K Takipçiler
Section 8 Karim / Karim Naoum
Section 8 Karim / Karim Naoum@Section8Karim·
I currently own 120 Section 8 rentals. (which brings me ~$150k every month) So getting to 16 may not take you as long as you might think. If you want help starting the process and getting your first 5 deals done... Message me “Section 8” and let’s chat 🥂
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Section 8 Karim / Karim Naoum
Section 8 Karim / Karim Naoum@Section8Karim·
For each deal I usually cash flow an average of $650 / month. So to get to $10,000 / month… You just need 16 of these Section 8 rental units. And if you think that’ll take a long time... I started when I was 17. I’m 23 now, and here’s what my portfolio looks like...
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Section 8 Karim / Karim Naoum
Section 8 Karim / Karim Naoum@Section8Karim·
How to go from 0 to $10,000 per month with Section 8 in just 10 steps: Step 1. Go to LegalZoom.com Register a Wyoming LLC as a holding company. This gives you anonymity and asset protection. (you don’t have to live in Wyoming) Once you have your LLC...
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Section 8 Karim / Karim Naoum
Section 8 Karim / Karim Naoum@Section8Karim·
You can form an LLC there in 5 minutes with only $100. Wyoming has 0 corporate tax. And 0 individual income tax. Plus you still get anonymity and asset protection. Send this to someone getting into real estate / business. And follow for more
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Section 8 Karim / Karim Naoum
Section 8 Karim / Karim Naoum@Section8Karim·
I would never create my LLC in 47 of the 50 states. There’s only 3 states your LLC in. I’m not a lawyer… But I paid mine a sh*t ton of money so you don’t have to (save this)...
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Section 8 Karim / Karim Naoum
Section 8 Karim / Karim Naoum@Section8Karim·
Set aside $200 per week. Pay off all your bad debt. Get your credit score to 600. Pick up an extra job. Get in shape. One year from now… Put the $10,800 you saved towards a rental property. That’ll get you an $70k home. $500 per month passively. Life changing.
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