Real estate has always been a thriving industry, and it’s no surprise that young people are tapping into this sector to build their own empires. Meet Thomas Naoum, a teenage entrepreneur who has built a successful real estate empire. With 54 single-family Section 8 rental properties, he’s a living example of how anyone can build a thriving real estate business from scratch.
So, how did he do it? Let’s find out.
Thomas had always been ambitious and dreamed of becoming successful. By the time he was 17, he had started multiple small businesses. He day-traded throughout high school and pressure washed and flipped shoes to make money.
However, he came from a real estate background, and he wanted to branch into this industry. By the time he was 17, he bought his first property and completed a BRRR (buy, renovate, rent, refinance) to put it on Section 8 to mitigate his day trading tax liability.
Making Mistakes and Learning From Them
Initially, jumping into Section 8 wasn’t the easiest thing for Thomas. There are numerous steps to take, and he didn’t have a proper formula in place. He lost nearly $70,000 in the first year, making small mistakes along the way. However, he attended all the board meetings, which helped him systemize his business model. This way, he could scale without being directly involved.
Scaling and Achieving Goals
Now, Thomas owns rentals in two states, which he doesn’t even live in. The ultimate goal is to scale without being directly involved in the business, staying as the investor in the background. This is the most powerful move in any business, and Thomas has proven that it’s possible.
Thomas’ company, Freedom for Life LLC, is a real estate investment company that specializes in Section 8 rentals. He wants to be known as a Section 8 entrepreneur and is living proof that anyone can branch into this.
Recession Proof Blueprints
Thomas has made a name for himself, and his success has inspired others to follow his path. He launched Recession Proof Blueprints, a program where he mentors and helps people start or scale their Section 8 portfolios.
What sets Recession Proof Blueprints apart is that Thomas isn’t selling a one-time course. Instead, he works with you directly to force results. The program includes:
- Direct Personalized Mentorship
- 60-day program and lifetime access to the curriculum
- Group Coaching Calls 4x Per Week and 24/7 Access to Thomas and His Team of Experts
- Customized Blueprint Tailored to Your Personal Situation and Goals
- 1-on-1 Strategy Sessions with Thomas
The program is designed to help people achieve their goals and build a sustainable, recession-proof real estate portfolio.
Why Is It Called Recession Proof Blueprints?
The name says it all. During the COVID-19 pandemic, when landlords weren’t receiving payments, Thomas was still receiving his rent payments via Section 8. Regardless of the financial climate, Section 8 rentals are scalable, and as we delve deeper into a recession, more and more people are getting laid off and can’t pay their rents. Thomas doesn’t have to worry about the government missing their payments.
In conclusion, Thomas Naoum is a teenager who has built a successful real estate empire. His story proves that with hard work, perseverance, and a sound business model, anyone can achieve their dreams. Recession Proof Blueprints is a fantastic program for anyone interested in building a sustainable and recession-proof real estate portfolio.