Section 8 Secrets Review

Section 8 Secrets is just a real estate video training course and mentorship by Tom Cruz. The course specializes in buying Section 8 long-term rentals. In this Section 8 Secrets review, you'll find all you need to know to decide if this course is for you.

What're the advantages and disadvantages of buying Section 8 real estate? What're the good qualities and cons of Tom's course? Who's Tom Cruz and what do people say about him? What do you really get with the course and how effective can it be? They're the questions we'll be tackling in this review.

Overall, real estate investment is just a risky business. Local lead generation is a kind of digital real estate business model. You, the landlord, earn rental income by creating and ranking a website on Google and renting it out to local businesses. This comes minus the hassles of rental property, such as for example working with regulations, tenants, maintenance, etc. It's worth checking out local lead generation for a less risky passive income business.

Who Is Section 8 Secrets For?

Section 8 Secrets teaches Tom's methods to produce a shortcut for new Section 8 investors that will save time and money. The Section 8 Secrets course is just a video format training course made for 2 kinds of people.

1. Beginners to real estate who don't have the amount of money to pay payments on market real estate properties. The course teaches you getting low down payment loans to really get your first Section 8 property.
2. Experienced real estate investors who wish to invest in Section 8 properties. The course teaches advanced Section 8 negotiation tactics, property selection, and streamlining management operations by utilizing software and creating teams.

Who Is Tom Cruz?

Tom Cruz is just a real estate investor and mentor from Wilmington, North Carolina. Originally from Brazil, Tom spent my youth with entrepreneurial parents. He sold Pokemon cards and paintball guns in middle school and high school. In 2012, he started buying real estate by renting out condos and wholesaling houses, and since 2014, he's invested in Section 8 long haul rentals. Besides real estate investing, Tom had 2 website design and marketing businesses.

Today, Tom owns over 500 properties, mostly in the Southeastern United States, under his company, Cruz Properties. These types of are Section 8 single family homes. While many of these properties have been in North Carolina, he also buys properties in Ohio, Tennessee, and South Carolina. He makes $450K/month with properties he put under Section 8 and has built a $30M debt financing with credit unions, community banks, and large landing institutions.

Is Investing in Section 8 Worth It in 2023?

The demand for Section 8 housing has only gone higher. As inflation peaks and the rising prices of houses have cooled down a little, it's the most effective time as any to buy Section 8 real estate. You do, however, have to take into account a particular number of things before deciding if this is profitable for you.

Investing in Section 8 has a high learning curve. Without the proper skills and knowledge, it may set you back time and money learning the hard way. Inspections are one big aspect in Section 8 investment. The standards and processes tend to be more rigid and complex in comparison to traditional real estate.

Location is always an essential part of real estate investing. Tom suggests doing what he did and investing first in your local area. The situation depends on your own area. Finding 2-3 bedroom houses under $100K might be easier in a few areas and close to impossible in others. Like, you may find it easier to locate properties in North Carolina that will give you a high ROI than in California. Check out Antoine Martel who specializes in out-of-state Section 8 investing.

Additionally there are many additional charges you'll need to account for. You'll need to aspect in the renovations and repairs, regular and unforeseen maintenance, manager fees, insurance, etc. Remember that real estate investment remains a higher risk business https://www.scamrisk.com/section-8-secrets/.