EPISODE · Feb 20, 2025 · 1H 2M
How to Get Your First Section 8 Rental! $80K Appreciation + $200 Cash Flow / Month!? - Tomi Odukoya
from Affordable Housing & Real Estate Investing
In this episode, Tomi Odukoya takes us on his inspiring journey from his military career to a successful real estate investor and attorney. He shares the early influences that ignited his passion for real estate, his disciplined saving strategies during military service, and the valuable lessons learned from his first property purchase! On the latest podcast episode of "Affordable Housing & REI", Tomi and I covered:- His journey as a landlord and his experiences with Section 8 housing- How to navigate Section 8 rent increases- Debunking common myths about the Section 8 program- The importance of cash flow and property appreciation in real estate investment- The lessons he has learned along his journey thus far!Key Takeaways:✅ Smart Saving & Investing – Living below your means can help fund real estate investments.✅ Lessons from Military Service – Financial discipline and low expenses can fast-track investment goals.✅ First Property, First Lessons – Every step you take can lead you to success or a lesson✅ The Truth About Section 8 – Tenants are people first, regardless of income source.✅ Networking & Growth – Every real estate setback is a lesson toward success. This episode is packed with an inspiring story to help you take your next step!Please do not forget to follow Tomi today on IG: @casapapa210🎧 Listen now and start your journey to smart real estate investing!Join the community! 🎉 Like this video, share your thoughts in the comments, and subscribe for more. Turn on the bell notifications so you stay in the loop!📌Check out https://affordablehousing.io to stay up to date on our latest content and project updates by joining our community full of Affordable Housing investors!DISCLAIMER - all information & details shared are meant to be for entertainment purposes only. This is not legal, financial, insurance, tax, or investment advice. This is not a solicitation for any investments and should not be construed as such in any form.All investments have risks. This is not an offer to purchase securities.00:00 Podcast Trailer 01:52 Intro (Getting to Know Tomi: His Background and Story)10:25 Not every Investment is a Home Run: Tomi's Journey Began With Vacant Land While Going to Law School! 12:08 Disabled Vet Buys Primary Home... and then it Becomes A Rental Years Later!13:25 Delayed Gratification at its Finest: How a Disabled Vet Decided to Buy His First Home19:01 The Truth About Section 8: Are The Myths TRUE?! 28:26 Why Section 8?! Guaranteed Rents from Gov't Every Month!30:10 How A Section 8 Landlord Handled a Pending Section 8 Voucher During Screening Process34:47 What Does The Section 8 Rent Increase Process Look Like?! 41:41 $0 Down to Buy $245K Primary Home with VA Loan48:56 How Do Experienced Investors Handle Setbacks in Real Estate?54:06 Why is Affordable Housing (e.g. lack of supply) hard to solve for?58:59 Where/How to contact Tomi?#RealEstate #AffordableHousing #Section8 #InvestmentStrategies #FinancialDiscipline #MilitaryExperience #PropertyManagement #TenantRelationships #InvestmentLessons #WealthBuilding #TenantCommunication #RentIncreases #CashFlow #PropertyAppreciation #LandlordResponsibilities #HousingNeeds #RealEstateInvestment #FinancialFreedom #podcast cast #TomiOdukoya
What this episode covers
In this episode, Tomi Odukoya takes us on his inspiring journey from his military career to a successful real estate investor and attorney. He shares the early influences that ignited his passion for real estate, his disciplined saving strategies during military service, and the valuable lessons learned from his first property purchase! On the latest podcast episode of "Affordable Housing & REI", Tomi and I covered:- His journey as a landlord and his experiences with Section 8 housing- How to navigate Section 8 rent increases- Debunking common myths about the Section 8 program- The importance of cash flow and property appreciation in real estate investment- The lessons he has learned along his journey thus far!Key Takeaways:✅ Smart Saving & Investing – Living below your means can help fund real estate investments.✅ Lessons from Military Service – Financial discipline and low expenses can fast-track investment goals.✅ First Property, First Lessons – Every step you take can lead you to success or a lesson✅ The Truth About Section 8 – Tenants are people first, regardless of income source.✅ Networking & Growth – Every real estate setback is a lesson toward success. This episode is packed with an inspiring story to help you take your next step!Please do not forget to follow Tomi today on IG: @casapapa210🎧 Listen now and start your journey to smart real estate investing!Join the community! 🎉 Like this video, share your thoughts in the comments, and subscribe for more. Turn on the bell notifications so you stay in the loop!📌Check out https://affordablehousing.io to stay up to date on our latest content and project updates by joining our community full of Affordable Housing investors!DISCLAIMER - all information & details shared are meant to be for entertainment purposes only. This is not legal, financial, insurance, tax, or investment advice. This is not a solicitation for any investments and should not be construed as such in any form.All investments have risks. This is not an offer to purchase securities.00:00 Podcast Trailer 01:52 Intro (Getting to Know Tomi: His Background and Story)10:25 Not every Investment is a Home Run: Tomi's Journey Began With Vacant Land While Going to Law School! 12:08 Disabled Vet Buys Primary Home... and then it Becomes A Rental Years Later!13:25 Delayed Gratification at its Finest: How a Disabled Vet Decided to Buy His First Home19:01 The Truth About Section 8: Are The Myths TRUE?! 28:26 Why Section 8?! Guaranteed Rents from Gov't Every Month!30:10 How A Section 8 Landlord Handled a Pending Section 8 Voucher During Screening Process34:47 What Does The Section 8 Rent Increase Process Look Like?! 41:41 $0 Down to Buy $245K Primary Home with VA Loan48:56 How Do Experienced Investors Handle Setbacks in Real Estate?54:06 Why is Affordable Housing (e.g. lack of supply) hard to solve for?58:59 Where/How to contact Tomi?#RealEstate #AffordableHousing #Section8 #InvestmentStrategies #FinancialDiscipline #MilitaryExperience #PropertyManagement #TenantRelationships #InvestmentLessons #WealthBuilding #TenantCommunication #RentIncreases #CashFlow #PropertyAppreciation #LandlordResponsibilities #HousingNeeds #RealEstateInvestment #FinancialFreedom #podcast cast #TomiOdukoya
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How to Get Your First Section 8 Rental! $80K Appreciation + $200 Cash Flow / Month!? - Tomi Odukoya
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