Section 8 Tom Cruz

[Avery Oblepias]

I’m needing advice has any one taken the Tom Cruz section 8 program if so was it worth the investment thank you 

[Garrett Cuppels]

It's 5K and the guy is cringe and by many accounts a slumlord. He uses rental cars, boats and houses to give him credibility he does not otherwise have as he never shows proof of ownership. It's the basic formula for selling an online course that teaches you nothing you cannot learn on your own. Section 8 housing is not a secret but it is plagued with problem tenants, lawsuits and low profit margins.  Even Tom's "empire" is 700+ properties that he says bring in 600K/month.  That equals less than 1k per property. Take into account your mortgage, a property management company and other expenses and you are lucky if you net $300. 

Now take short-term AirBnB properties like one of mine in Miami. It lists for an average $250/night which brings in $7500/month.  I use $2500 to pay expenses and save what's left in a fund for repairs etc...So I can count on approx 5K/month in gross income.  Not one lawsuit, the guests are respectful of the place and it's easy to repeat the formula in multiple real estate markets across the country. Not to mention the tax benefits it allows. 

His course will cost you 5k plus the downpayment of say $2500 on a property that likely needs work before it's ready for inspection.  Forget the course and put that money on a quality vacation short-term rental.  Then rent some exotic cars, a yacht, a mansion and some hot women so you can sell this formula online like Tom does. Boom multiple income streams. 

Caveat emptor....his 5K course times 10 suckers a week means he can gross 200K per month just on a scam that anyone can learn how to do.