4.8 • 2.3K Ratings
🗓️ 21 May 2025
⏱️ 70 minutes
🧾️ Download transcript
From addiction at 14 to managing a $110M real estate fund, Stephen J. Reel’s story is unlike anything you’ve heard. In this episode of Dropping Bombs, Brad Lea sits down with the Section 8 investor and aspiring fund manager to unpack the brutal truths, controversial strategies, and step-by-step tactics behind building a cash-flowing portfolio in one of the most recession-resistant asset classes in America. Stephen breaks down how Section 8 changed his life, and the exact process for launching a fund—even if you don’t come from money or Wall Street.
Connect with Steve
Website: https://kvrinvestors.com
Click on a timestamp to play from that location
0:00.0 | Two years ago, I didn't even know what a fund was. |
0:03.0 | I set a goal of a thousand houses, five years, or 200 houses a year. |
0:07.0 | He goes as far as he will not rent to Android phone users |
0:10.0 | because he's found out historically over acquiring 800 plus doors, |
0:14.0 | Android users are worse tenants. |
0:16.0 | A huge misconception on that part is most Section 8 voucher holders |
0:20.0 | are middle-aged white people. |
0:22.5 | If you don't screen them well, they will... |
0:24.6 | What it is, Brad Lee, back again with another episode of dropping bombs today in the studio. |
0:32.8 | Folks, I got a real treat for you. |
0:35.4 | Stephen J. Reel is in the house. |
0:38.5 | What's cracking, Steven? |
0:39.9 | Not much, Brad. |
0:40.6 | How are you doing today? |
0:41.4 | I like the real part. |
0:43.0 | It's not spelled right, though. |
0:44.8 | It's R. E.E.L. |
0:46.6 | Right. |
0:47.0 | But you've got to reel them in. |
0:48.1 | That's how I am. |
0:50.8 | Folks, you can follow this dude at Stephen underscore J underscore Reel on Instagram. |
0:56.2 | You might be interested in maybe even doing some investing. |
... |
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