Section 8 Tom Cruz
Member since 2020 · 4 posts · 3 votes
Section 8 Tom Cruz
Most Popular Reply
Member since 2024 · 10 posts · 22 votes
2yIt's 5K. 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 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.
34 Replies
- Member since 2024 · 10 posts · 22 votes2y
It's 5K. 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 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.
- 2yMichael SmytheBusiness MemberReal Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
@Avery Oblepias in general, paying for something you can learn online, is really paying for convenience and discipline.
It's no different than paying for a personal trainer at a gym.
Regarding S8, it's a pretty basic program that $5k seems a bit excessive for.
Maybe, $1500?
You can pretty much learn everything you need to know about S8 within 2-4 hours online!
Logical Property Management4.9446 Reviews - Member since 2024 · 10 posts · 22 votes2y
Quote from @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
It is a scam. He charges 5k for info you can get from any realtor who is familiar with Section 8 housing or on Google. His videos use rented props to make it look like he's some guru. He loves to say he does not trade time for money yet to find, purchase and renovate over 700 properties, deal with Section 8 tenets, time spent dealing with lawsuits etc he is doing exactly that. Ask him for proof of his success by being transparent with his car titles, deeds and tax returns and his default is to insult you while touting his amazing lifestyle. So I saved you 5k and read my post above on why short-term rentals are a far better investment without the headaches of going to court to recoup damages or fight claims of being a slumlord
- Member since 2024 · 10 posts · 22 votes2y
Quote from @Michael Smythe:
@Avery Oblepias in general, paying for something you can learn online, is really paying for convenience and discipline.
It's no different than paying for a personal trainer at a gym.
Regarding S8, it's a pretty basic program that $5k seems a bit excessive for.
Maybe, $1500?
You can pretty much learn everything you need to know about S8 within 2-4 hours online!
Here is everything you need to know about S8 housing. Eventually, you will be sued and end up in court. You will have tenets who destroy your place, use it as a trap house or drug den and will accuse you of being a slumlord no matter what. Sounds fun. Right? Oh wait the profit margin is garbage too. (700+ properties yielding 600K is less than 1K/property before expenses) Lastly, many property management companies refuse to manage S8 housing for the above reasons so good luck.
I have never paid for a course but spent $15 on a book about Airbnb rentals and it's simple math. Buy a property in a high-profile vacation destination with a few thousand down. Rent said property on Airbnb bc short term profits are more than long-term leases. Use your revenue to pay the mortgage, property management company and expenses then pocket the rest and repeat.
No one should pay for readily available info that you can find on your own. Realtors, websites, YouTube and books are all low cost. But yet Tom is making a killing convincing you he has the secret to wealth when the secret is just doing your own research and putting it to work.
He is different than a personal trainer bc at least a trainer cares about your results and isn't lying about their own.
So this is what the gurus won't tell you bc they need to sell their courses and are very good at manipulating you into believing you can't do it without their secret info. Get some Airbnb's in your portfolio and build your net worth and income then branch into apartment/condos/hotel investing where the occupancy rates are 85% or higher. It's an asset that provides stable predictable income as well as appreciation and tax benefits next step buy yourself a Bently and celebrate.
- 2yRobert EllisBusiness MemberDeveloper · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
Quote from @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 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.
finally a guy who knows this guy and calls him a scammer haha. I've always wanted to see if he's on title and owns his home or what the story is. on another note, where is your airbnb in miami? single family or multifamily?
Section 8 Launch52 Reviews - 2yGino BarbaroPro MemberRental Property Investor · St Augustine, FL · Member since 2014 · 2k+ posts · 1k+ votes
One things for sure, he is everywhere. His ads pop up all the time on my feed. If he can help you implement what he's teaching you, and there is a community, then I would think the investment is worth it.
Would love to hear if you join and your experience
Gino
- Member since 2024 · 10 posts · 22 votes2y
Quote from @Robert Ellis:
Quote from @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 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.
finally a guy who knows this guy and calls him a scammer haha. I've always wanted to see if he's on title and owns his home or what the story is. on another note, where is your airbnb in miami? single family or multifamily?
That was just one of my properties and I now have multiple in different vacation locations. Midtown and Brickell in Miami are the hot spots for the city. But I am involved more in multifamily and hotel resort investing now.
- 2yRobert EllisBusiness MemberDeveloper · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
Quote from @Garrett Cuppels:
Quote from @Robert Ellis:
Quote from @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 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.
finally a guy who knows this guy and calls him a scammer haha. I've always wanted to see if he's on title and owns his home or what the story is. on another note, where is your airbnb in miami? single family or multifamily?
That was just one of my properties and I now have multiple in different vacation locations. Midtown and Brickell in Miami are the hot spots for the city. But I am involved more in multifamily and hotel resort investing now.
yes they are on fire and Wynwood I'm in brickell
Section 8 Launch52 Reviews - Member since 2024 · 10 posts · 22 votes2y
Quote from @Gino Barbaro:
One things for sure, he is everywhere. His ads pop up all the time on my feed. If he can help you implement what he's teaching you, and there is a community, then I would think the investment is worth it.
Would love to hear if you join and your experience
Gino
I called him out as a fraud and asked for proof. Instead, he insulted my profession as an ortho surgeon which indicates to me I was right about his videos. His IG videos are low-budget and I have seen grade schoolers make better vids. In Miami, we all know how people use rented cars, boats and houses to give themselves credibility. 5k for me is pocket change but I never like to spend money on a losing investment. The info he claims to have is easy to find on the net or in a book but why deal with Section 8 housing problems when there are so many other investments that are nearly hands-free? Time is money and I prefer spending my time with my fam and friends instead of problem tenants and legal cases. Use your 5k and find a decent 1-bedroom condo and put it on AirBNB. Build your portfolio as your knowledge and wealth increase. When it comes to AirBnB I have found its location, number of beds then amenities like kitchens and outdoor spaces that attract quality guests and demand higher prices. I literally saved you 5k with just that info.
- Member since 2024 · 10 posts · 22 votes2y
Quote from @Robert Ellis:
Quote from @Garrett Cuppels:
Quote from @Robert Ellis:
Quote from @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 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.
finally a guy who knows this guy and calls him a scammer haha. I've always wanted to see if he's on title and owns his home or what the story is. on another note, where is your airbnb in miami? single family or multifamily?
That was just one of my properties and I now have multiple in different vacation locations. Midtown and Brickell in Miami are the hot spots for the city. But I am involved more in multifamily and hotel resort investing now.
yes they are on fire and Wynwood I'm in brickell
Exactly except prices for the first-time investor are high. There are other vacation locations most people might not know about. Like Broken Bow Lake in OK that are value-priced and ready to be rented. International rentals are cheaper too to purchase. South America and Central America are good examples. I can't give away all my locales but it's not hard to find them if you search around and ask people. I mean people in the MidWest need to go some place if they can't come to FL. LOL
- Member since 2024 · 10 posts · 22 votes2y
According to Tom Cruz, I wasted 31 years of my life training to become an ortho surgeon but he doesn't understand some people enjoy their jobs and are passionate about helping other people. I retired from ortho in less than 10 years bc of solid investments but peddling info you can easily find on your own.
- 2yRobert EllisBusiness MemberDeveloper · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
Quote from @Garrett Cuppels:
Quote from @Gino Barbaro:
One things for sure, he is everywhere. His ads pop up all the time on my feed. If he can help you implement what he's teaching you, and there is a community, then I would think the investment is worth it.
Would love to hear if you join and your experience
Gino
I called him out as a fraud and asked for proof. Instead, he insulted my profession as an ortho surgeon which indicates to me I was right about his videos. His IG videos are low-budget and I have seen grade schoolers make better vids. In Miami, we all know how people use rented cars, boats and houses to give themselves credibility. 5k for me is pocket change but I never like to spend money on a losing investment. The info he claims to have is easy to find on the net or in a book but why deal with Section 8 housing problems when there are so many other investments that are nearly hands-free? Time is money and I prefer spending my time with my fam and friends instead of problem tenants and legal cases. Use your 5k and find a decent 1-bedroom condo and put it on AirBNB. Build your portfolio as your knowledge and wealth increase. When it comes to AirBnB I have found its location, number of beds then amenities like kitchens and outdoor spaces that attract quality guests and demand higher prices. I literally saved you 5k with just that info.
hahaha I like this guy we need to meet in miami
Section 8 Launch52 Reviews - Homeowner · FL · Member since 2024 · 1 post · 0 votes2y
Thomas Cruz is the legal owner of a mansion per tax records. He purchased it for about $17,500,000. He claims he put 10,000,000 down and has an FPL bill of about 9,000/m for his 4 stories and yacht. He does offer a $4,000 bundle by text after two weeks of not signing up on a Wednesday during his live webinar jam. He does answer questions on his wednesday IG and Tik Tok live videos. He said his credit rating is 760. He stated that his GF Rachel has her own corporate job earning six figures. He announced on IG stories that a morbidly obese tenant had to be removed by paramedics by cutting a huge hole in the front of the house. That is HIPPA privacy protected. He and his 9 property managers text awful things about tenants. They make disparaging remarks. Like mocking nick names. He stated than an 80 year old woman will die off in 5 years TTD time till death. She prepays her rent at 13,000 per year. He was counting on her dying. I mean that is as low as it gets. Wishing - betting death on your tenants? I think he should be booted off the Section 8 program for ethical violations. He has no respect for people. He calles them "poor people" "economically disadvantaged" He threatened to evict them if they don't rent his appliances like used ceiling fans. He is disrespectful, had over 30+ liens and city fines from failing to maintain his properties. One mother of a newborn was without heat on a house a charity rented for her. She had no power in the winter. It's poor property management. Contractors stated that he does surface level cosmetic fixes as fast as possible to pass inspections. A nice portfolio is 10-40 properties, and yes you should drive by your own assets to check for broken windows. Many investors invest in the same city to make it easy to manage. With 7 properties paid off you can earn 100,000 a year tax free. You don't need him and honestly, just listen to him for free. Don't pay for a coach that has numerous warning web articles from cities. He doesn't have a good reputation. I don't care about his cars - those are toys. You are better off talking to real live investors in your area. How do you find them? Look at some listings that are for rent and ask questions. You can pick their brain and they will mentor you for free. Tom Cruz is not the best coach. He claims to assist you with buying 5 properties, but he is on social media all day long, he has an assistant text. He changes his numbers a lot also. One day he says he buys 5 new deals a week, next day says 7. I know that varies. He mocks people with disabilities, and is sarcastic about taxpayers. I would like him to be cancelled. Nobody needs 10 luxury cars and his personal chef drives a bicycle to work. You can save your $5,000, put that in a CD earning 5% a year, and do what you need to do, by yourself. Most hard money loans will not cover rehab costs. Call lenders in your area, build your own list and take notes of their criteria. Listen to his free content, but don't feed the greed. He has an offshore trust. You can ask him questions on his Wednesday afternoon lives on IG. I wouldn't spend too much time trying to be like him. He said he took a helicopter on vacation to avoid "unwashed people". It's pathetic and there is a reason he is not friends with the bigger figures like Pace Morby, Grant Cardone, etc. People will distance themself from him because his mouth is borderline - harassment of tenants. I think he is over leveraged to a 90% debt ratio. He announces his live presence at his home office right where boats can drive by on the water, and it's not safe. You should not be a sitting target. He isn't rich enough to have a body guard and a security professional. He wastes money on toys to appeal to young people. His subscribers are only succeeding at 1% of enrollees, and they have a bank roll to invest. For someone starting out, use a first time home buyer grant, house hack, and just hoard cash. Work on your credit, and look for a deal that works on any exit strategy. Section 8 is a nice program, but you will get tenants who don't know how to clean properly. They will hose down the fridge and break the electrical in it. You have to educate them. So, no, don't buy anything from Tom Cruz. Don't feed his greed. He will just spend your money partying in exotic locations to show off on social media for people he cares nothing about. His NC home sold for 2.4 million. That's it. He copies trends, isn't an original thinker. His own mom called him "crazy" for giving her 25K on mother's day, and to avoid taxes said it was all cash, when the IRS only allows 16K tax free. He calls section 8 tenants demeaning language. He has a degree in finance and business and is just a capitalist out for profit. His methods are unsafe and unwise. His own email is spelled incorrectly on his website
- Member since 2018 · 11 posts · 9 votes1y
Quote from @Garrett Cuppels:
What book did you buy?
- Real Estate Agent · Los Angeles, CA · Member since 2018 · 2k+ posts · 1k+ votes1y
I've never heard of him, however I am also skeptical of almost all "gurus" in the space.
Mainly because they advertise saying they have been investing over the last 15 years and been wildly successful. Well no kidding! We had been in a fast appreciation and low interest rate market for years. I made tons of mistakes on my second house hack and I still came out ahead. But then because they have established such credibility, they can easily buy now with great rate and terms from lenders because they have the track history. Therefore the concern I have is people are giving them their money and they are giving dated and unrealistic advice. Again, this isn't saying this guy is, I'm saying generally.
My recommendation: Contact the city about section 8 programs, read here in the forums, listen to podcasts, then talk to property managers. What I've learned in a few markets is some property managers want nothing to do with Section 8. Asking why gives you insight into that market.
- Member since 2024 · 10 posts · 22 votes1y
Quote from @Terrence M Brannon:
Quote from @Garrett Cuppels:
Skip the Flip by Hayden Crabtree which was free
How To Start A Profitable Airbnb Business in 4 Weeks: Optimize Your Profits and Go From Side Hustle to Passive Income With Minimal EffortWhat book did you buy?
- Member since 2021 · 1 post · 0 votes1y
Quote from @Garrett Cuppels:
Quote from @Robert Ellis:
Quote from @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 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.
finally a guy who knows this guy and calls him a scammer haha. I've always wanted to see if he's on title and owns his home or what the story is. on another note, where is your airbnb in miami? single family or multifamily?
That was just one of my properties and I now have multiple in different vacation locations. Midtown and Brickell in Miami are the hot spots for the city. But I am involved more in multifamily and hotel resort investing now.
Are you willing to mentor/ teach a beginner? NP here by day but want to start my real estate investing and don't know where to begin.
- Rental Property Investor · Boston MA · Member since 2019 · 5 posts · 5 votes1y
I thought "his" software was interesting. I don't like one-time fees for software (he also says you can't buy it without signing up for his mentor/coaching program) because as a one-shot deal support, updates etc are usually pretty poor. I have to think this is not his software but a white-label offering. Does anyone know anything about this or can make recommendations?
- 1yDaniel TanasaBusiness MemberRealtor · Houston, TX · Member since 2019 · 351 posts · 174 votes
The guy looks pretty scammy to me. Never signed up for his program, but you don't really need his software to do section 8. The softwares that Houston Housing Athority and Harris County Athority are enough to get a good idea on what you'll be making and how your house compare with the others. I have 8 properties that I have rented through section 8 now and didn't need any additional resources than the one freely available to he public from the housing authorities. This is for Houston area, of course. Not sure how will it work if you want to target Midwest or other out of state properties.
Good Luck!
- Member since 2025 · 1 post · 0 votes1y
Quote from @Garrett Cuppels:
Quote from @Michael Smythe:
@Avery Oblepias in general, paying for something you can learn online, is really paying for convenience and discipline.
It's no different than paying for a personal trainer at a gym.
Regarding S8, it's a pretty basic program that $5k seems a bit excessive for.
Maybe, $1500?
You can pretty much learn everything you need to know about S8 within 2-4 hours online!
Here is everything you need to know about S8 housing. Eventually, you will be sued and end up in court. You will have tenets who destroy your place, use it as a trap house or drug den and will accuse you of being a slumlord no matter what. Sounds fun. Right? Oh wait the profit margin is garbage too. (700+ properties yielding 600K is less than 1K/property before expenses) Lastly, many property management companies refuse to manage S8 housing for the above reasons so good luck.
I have never paid for a course but spent $15 on a book about Airbnb rentals and it's simple math. Buy a property in a high-profile vacation destination with a few thousand down. Rent said property on Airbnb bc short term profits are more than long-term leases. Use your revenue to pay the mortgage, property management company and expenses then pocket the rest and repeat.
No one should pay for readily available info that you can find on your own. Realtors, websites, YouTube and books are all low cost. But yet Tom is making a killing convincing you he has the secret to wealth when the secret is just doing your own research and putting it to work.
He is different than a personal trainer bc at least a trainer cares about your results and isn't lying about their own.
So this is what the gurus won't tell you bc they need to sell their courses and are very good at manipulating you into believing you can't do it without their secret info. Get some Airbnb's in your portfolio and build your net worth and income then branch into apartment/condos/hotel investing where the occupancy rates are 85% or higher. It's an asset that provides stable predictable income as well as appreciation and tax benefits next step buy yourself a Bently and celebrate.
Love this insight thanks so much Garrett. You saved me from his scam as well. I'm Very interested how you bought and investment property with a few thousand down.
- Member since 2024 · 1 post · 0 votes1y
How is his software? Is it work at least to find the tenants or areas/counties in which sec-8 pays good rent as he advertises?
- 1yDominic TrujilloPro MemberResidential Real Estate Agent · CA · Member since 2008 · 3 posts · 0 votes
@Daniel Tanasa hey Daniel, would love to get your info on the software you use from the housing authorities in Houston. I’m new to the game and want to learn all I can and these will help tremendously. Thanks man!
- Member since 2025 · 3 posts · 1 vote1y
Yea I had a conversation that lead to being uncomfortable wanting $100 upfront. I told them they can give my spot to someone else. I canceled everything only to receive a email with this in the receiving email. Totally unprofessional....
- Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes1y
Quote from @Ray Platts:
lol,
That's hilarious. I take everything negative I ever said about Tommy Cruz back.
- Investor · Member since 2020 · 32 posts · 33 votes1y
I hate calling things scams, but these section 8 courses / do it for you gurus are really not designed to help people achieve the best investing outcomes. They are designed to extract money from people as quickly as possible and in as many ways as possible. I have spoken to every one of them (Karim, Tom Cruz, S8 Acquisitions, etc., etc.) to try to find one that is ethical , honest and knowledgeable and not a single one is even close to all three of those qualities.
There are so many great investors on BP and there is so much that can be learned online. It took me a long time to convince myself to buy my first section 8 property, I own many in Ohio (Cleveland in particular) now and it is an amazing opportunity to build wealth if you do it the right way, but you need to be learning from and working with the right people and systems or you can definitely get burned. Feel free to reach out if you're interested in the Ohio market or section 8 in general, I'm happy to share knowledge and tell about my experiences.
- Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes1y
Quote from @Michael Goldberg:
I hate calling things scams, but these section 8 courses / do it for you gurus are really not designed to help people achieve the best investing outcomes. They are designed to extract money from people as quickly as possible and in as many ways as possible. I have spoken to every one of them (Karim, Tom Cruz, S8 Acquisitions, etc., etc.) to try to find one that is ethical , honest and knowledgeable and not a single one is even close to all three of those qualities.
There are so many great investors on BP and there is so much that can be learned online. It took me a long time to convince myself to buy my first section 8 property, I own many in Ohio (Cleveland in particular) now and it is an amazing opportunity to build wealth if you do it the right way, but you need to be learning from and working with the right people and systems or you can definitely get burned. Feel free to reach out if you're interested in the Ohio market or section 8 in general, I'm happy to share knowledge and tell about my experiences.
Bro, this is the most obvious "invest with me, not them" self promotional post I've ever seen.
- Investor · Member since 2020 · 32 posts · 33 votes1y
Quote from @James Wise:
Quote from @Michael Goldberg:
I hate calling things scams, but these section 8 courses / do it for you gurus are really not designed to help people achieve the best investing outcomes. They are designed to extract money from people as quickly as possible and in as many ways as possible. I have spoken to every one of them (Karim, Tom Cruz, S8 Acquisitions, etc., etc.) to try to find one that is ethical , honest and knowledgeable and not a single one is even close to all three of those qualities.
There are so many great investors on BP and there is so much that can be learned online. It took me a long time to convince myself to buy my first section 8 property, I own many in Ohio (Cleveland in particular) now and it is an amazing opportunity to build wealth if you do it the right way, but you need to be learning from and working with the right people and systems or you can definitely get burned. Feel free to reach out if you're interested in the Ohio market or section 8 in general, I'm happy to share knowledge and tell about my experiences.
Bro, this is the most obvious "invest with me, not them" self promotional post I've ever seen.
I am not a realtor, nor do I accept outside capital. I'm just willing to share my experience investing in section 8. I'm sorry that rubbed you the wrong way @James Wise. I would recommend everyone to try to speak with @Jaycee Greene @jayhinrichs @Samuel Diouf . My understanding is that is what this community is for. Reach out to them or look at their comments and you will learn a lot!
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