From Section 8 to Supercar: How Karim Bought a Bugatti Chiron at 23 With Real Estate Income
Written by Kaitlyn Gomez
At just 23 years old, Karim Naoum, widely known as Section 8 Karim, has built a real estate portfolio that rivals what many seasoned investors spend decades trying to achieve. That success has now funded his latest milestone: the purchase of a 2018 Bugatti Chiron, one of only 500 in the world.
What sets him apart? He did it all remotely. He never stepped foot in most of the 200+ homes he owns, and yet, he generates a six-figure monthly income secured by federal government rents.
Karim's story begins inside the Section 8 housing system, where he worked early in his career. That firsthand experience gave him rare access to the rules, workflows, and, most importantly, the overlooked opportunities within the program. Instead of staying on the job, he flipped his insider knowledge into a powerful system for buying, financing, and managing out-of-state properties with Section 8 Investment.
The Formula That Changed Everything
Karim knew that many investors were scared off by myths about Section 8 tenants. But he had the data. Tenants typically stay over 7 years. Rent is guaranteed, even during economic downturns. Most renters wait a decade for approval, meaning they’re more likely to care for their homes, not damage them.With a clear strategy in place, Karim focused solely on affordable single-family homes under $100,000 in landlord-friendly states. Using DSCR loans, which qualify based on rental income rather than personal income, he was able to get started with as little as $8,000–$ 12,000 down per deal. Each property produces $500–800 in monthly cash flow, all while being fully managed by local teams. This approach is the cornerstone of his Recession Proof Blueprints.
Remote Control: Building a Machine That Runs Itself
Karim's system is built around strict processes, data-driven decisions, and a carefully vetted team. He recommends using HUDUSER.gov to research rent rates, Thumbtack.com to find property managers, SpotCrime.com to evaluate neighborhoods, and AffordableHousing.com to list rentals. He also uses platforms like InvestorLift.com to acquire discounted off-market deals and Incfile.com to create LLCs affordably.This disciplined and streamlined approach enables him to scale quickly and avoid costly mistakes. In fact, most of his students use the exact same tools and techniques to close their first deals. For investors stuck in overpriced markets like California, this strategy offers a real alternative. Learn how to get started with Section 8 Rentals.
From Voucher Income to a Victory Lap
Skeptics questioned whether someone so young could build a real estate empire remotely. Karim proved them wrong. Today, he’s not only the youngest Section 8 landlord in Louisiana, but also one of the youngest Americans to buy a Bugatti Chiron, paid for entirely with government-backed rent checks.The Bugatti is my victory lap,” he says. “But it’s also proof that affordable housing can change lives, for the tenants and for the landlords who believe in the system.
The Takeaway
Karim teaches his 1,000+ students that the key to success isn’t hustle alone. It’s about structure. By combining insider knowledge with clear systems and the right financial tools, you can create a scalable and reliable income stream. In his case, that meant turning a few thousand dollars into millions in real estate and a Bugatti by the age of 23.Follow Section 8 Karim to learn how to use smart systems to escape the rat race, without ever leaving your zip code.
