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Updated about 2 months ago on . Most recent reply

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Manuel Angeles
  • Real Estate Broker
  • Los Angeles, CA
77
Votes |
273
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Eric Spofford Section 8 Course

Manuel Angeles
  • Real Estate Broker
  • Los Angeles, CA
Posted

Have you heard of Eric Spofford?

He has a webinar about investing in properties with Section 8 tenants, and has a course teaching how to invest in Section 8 for $1,997.

I wanted to see if anyone here has invested into his systems.

Most Popular Reply

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1,751
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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
1,867
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1,751
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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

Gotta agree with @James Wise here, @Michael Smythe... I have S8 rentals in Detroit where the rent is a fair bit higher than I would be able to get with a cash paying tenant. 

I also have rentals in Detroit that I get far higher rents with cash paying tenants than I would a section 8 tenant.

There are a lot of factors at play and the answer to "why would the government allow our tax dollars to be spent this way?" is, well... it's the government. 

Too many people, especially lately, are looking at section 8 as a bulletproof or superior strategy. 

It's a tool and should be used for the right property in the right area where it makes sense. 

As far as gurus selling courses. I think courses are great as long as they are reasonably priced (think $500 or less). But when you start getting into the thousands of dollars on this stuff it just feels predatory. 

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