Calling All Section 8 Gurus & Section 8 Fans! Seeking Guidance on How To Get Started

Calling All Section 8 Gurus & Section 8 Fans! Seeking Guidance on How To Get Started

Member since 2023 · 6 posts · 2 votes

My wife and I have recently retired and are interested in learning how to get started with investing in Section 8 single-family homes. We are considering hiring a coach to take us through the process and as we look to educate ourselves we continue to see names such as Tom Cruz, Rhett Wiseman, and several others. 

Has anyone worked with these or other coaches they would recommend?  Thanks in advance for sharing any feedback and for any suggestions on the resources we should be tapping into.   

Excited to learn and grow with the Bigger Pockets Community!!

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Melanie P.Pro Member
Rental Property Investor · Member since 2023 · 1k+ posts · 922 votes
2y

You do not need to pay a coach to do this. All of the resources you need to buy and operate Section 8 real estate are here on bigger pockets. There is also a Facebook group for section 8.

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  • Melanie P.Pro Member
    Rental Property Investor · Member since 2023 · 1k+ posts · 922 votes
    2y

    You do not need to pay a coach to do this. All of the resources you need to buy and operate Section 8 real estate are here on bigger pockets. There is also a Facebook group for section 8.

  • Investor · Bucks County · Member since 2023 · 196 posts · 157 votes
    2y

    Single family section 8 rentals is a zero barrier of entry asset class. You should be able to get all of the information you need through the local housing authority. You are probably throwing your money away if you are planning to hire a "guru". I recently spoke with a few myself believing this would be the best way to get started but after reading others on these forums it seems like a scam.

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    2y
    Quote from @Kevin Leipsic:

    My wife and I have recently retired and are interested in learning how to get started with investing in Section 8 single-family homes. We are considering hiring a coach to take us through the process and as we look to educate ourselves we continue to see names such as Tom Cruz, Rhett Wiseman, and several others. 

    Has anyone worked with these or other coaches they would recommend?  Thanks in advance for sharing any feedback and for any suggestions on the resources we should be tapping into.   

    Excited to learn and grow with the Bigger Pockets Community!!


     I've made millions in the Section 8 space. I love it. HOWEVER - Section 8 tenants are absolute savages. Anyone telling you it's an easy business is lying to you.

  • Member since 2023 · 2 posts · 0 votes
    2y
    Quote from @Melanie P.:

    You do not need to pay a coach to do this. All of the resources you need to buy and operate Section 8 real estate are here on bigger pockets. There is also a Facebook group for section 8.


     HI are you able to share the Facebook groups name? I was considering paying a coach but realize alot of it is scam

  • Real Estate Investor · Paducah, KY · Member since 2009 · 3 posts · 0 votes
    2y
    Quote from @James Wise:
    Quote from @Kevin Leipsic:

    My wife and I have recently retired and are interested in learning how to get started with investing in Section 8 single-family homes. We are considering hiring a coach to take us through the process and as we look to educate ourselves we continue to see names such as Tom Cruz, Rhett Wiseman, and several others. 

    Has anyone worked with these or other coaches they would recommend?  Thanks in advance for sharing any feedback and for any suggestions on the resources we should be tapping into.   

    Excited to learn and grow with the Bigger Pockets Community!!


     I've made millions in the Section 8 space. I love it. HOWEVER - Section 8 tenants are absolute savages. Anyone telling you it's an easy business is lying to you.


     Did you make your millions from cash flow or appreciation?   Also, how long did it take?

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