6 Section 8 Rentals in 15 Month: Why Condos Beat Single-Family Homes for Section 8 Investing - Lucus Van Blaircum

How Lucus Van Blaircum Acquired 6 Cash-Flowing Rentals With Section 8 in Just 15 MonthsOn this episode of Affordable Housing & Real Estate Investing, the top podcast for affordable housing investments, Kent Fai He interviews Lucus Van Blaircum, a rising investor who built a 6-unit rental portfolio in just over a year, focusing on cash-flowing condos and townhomes, many of which are rented through the Section 8 program.Lucus walks us through the practical, numbers-driven strategies he used to find underpriced units, structure offers, navigate inspections, and scale fast while working full-time. He breaks down why condos are a smart play for first-time investors, how to work with Housing Authorities, and what most people miss when they skip over Section 8 deals.Whether you’re trying to scale your rental portfolio, invest in Greensboro or Winston-Salem, or want stable cash flow with a mission-driven approach, this is a masterclass in affordable housing investing. In this episode, you'll learn:✅ Why Lucus chose condos & townhomes for his first 6 rental units✅ How to screen and rent to Section 8 tenants the smart way✅ How he uses spreadsheets to forecast cash flow & reduce risk✅ How to estimate rehab costs and avoid overpaying✅ How Lucus earns between 16-25% on each of his properties!✅ How to build a rental portfolio around your full-time jobCommon questions this episode answers:❓ How do I invest in Section 8 housing as a beginner?❓ What’s the best way to evaluate townhomes or condos as rental properties?❓ How can I manage a growing rental portfolio while working a 9–5 job?❓ How do I get my property approved for the Housing Choice Voucher (HCV) program?❓ Are condos and HOAs bad for rental investing?Best Quotes from Lucus Van Blaircum:“You inherit the financial habits of your tenants ... so choose wisely.”“My properties aren’t based on speculation. I’m in this for cash flow, not hype.”“Affordable housing policy should start with incentivizing builders, not just subsidizing renters.”📩 DM me @kentfaihe on IG or LinkedIn any time with questions that you want me to bring up with future developers, city planners, fundraisers, and housing advocates on the podcast🧠 Join our investor group and housing advocates at www.affordablehousing.io🔑 Learn more from Lucus Van Blaircum and Mike Caggiano at Section8Secrets.comWhether you're in tech, laid off, or starting from scratch, this is the episode you can't afford to skip.📢 Disclaimer: This content is for informational and entertainment purposes only. It is not legal, financial, investment, insurance, or tax advice. It is not an offer or solicitation for any investments. Always do your own research before making investment decisions.00:00 Podcast Trailer 02:17  Intro (Getting to Know Lucus: His Background and Story)12:21 How Long Does It Take Housing Authorities To Help Place Tenants? 4 Weeks vs 4 Days?!17:23 What Are the Myths About Section 8 Tenants? - DEBUNKED By Investor21:09 What Criteria Do You Look For First in a Section 8 Investment Property?32:54  6 Properties in 2 years?! How Lucus Started and Earns 16-25% Return Each Property!42:03 What’s the Real Tax Difference Between Condos and Townhomes?46:00 How To Implement Smarter Tenant Screening Process!01:01:10 Why is Affordable Housing (e.g. lack of supply) hard to solve for? 01:04:25 Where/How to contact Lucus?#RealEstate #AffordableHousing #Section8Investing #RealEstateCashFlow #CondosVsSingleFamily #HOAFinancials #CashFlowInvesting #RealEstateDevelopment #HousingChoiceVouchers #TurnkeyInvesting #GreensboroRealEstate #MaineInvesting #Section8Landlord #RealEstateUnderwriting #BuyAndHoldStrategy #SpreadsheetInvestor #HUDFMR #CashOnCashReturns #KentFaiHe