Eric Spofford Section 8 Investment Program

Akron, Ohio
Buying & Selling Real Estate
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Eric Spofford Section 8 Investment Program

Alan Santini
Member since 2022 · 21 posts · 5 votes

Hi all,

Has anyone jumped into the abovementioned Section 8 investment program? i have a full time job that commands most of my bandwidth and I came across Eric Spofford's Section 8 program and I am curious to know if anyone knows anything about it that can shed some light on whether there is any merit going down this road? Any help or guidance on this would be greatly appreciated. Thanks

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Drew SygitBusiness Member
Property Manager · Royal Oak, MI · Member since 2012 · 13k+ posts · 9k+ votes
1y

Have never taken a course and have dealt with over 500 Section 8 leases.

There really isn't much to learn about the S8 program itself.

The higher rents & corresponding returns implied are also mostly crap as rental rates are set by government.

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  • Kerlous TadresBusiness Member
    Realtor · Columbus, OH · Member since 2023 · 1k+ posts · 1k+ votes
    1y

    Section 8 can be a solid strategy, especially for those looking for consistent, government-backed rent. In Ohio markets like Cleveland, Dayton, and Toledo, it often pairs well with affordable properties and strong cash flow, assuming there’s reliable property management in place.

    Just be aware of annual inspections, red tape, and local housing authority requirements. The success really comes down to knowing the neighborhood and having a good team on the ground.

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  • Gladimir Lobo
    Real Estate Broker · Cleveland, OH · Member since 2023 · 240 posts · 84 votes
    1y

    Rented to my first Section 8 tenant in '04. Developed expertise on renting to Section 8 through experience and study: Section 8 Bible - Michael McLean. I read it back in ’07. The book has many great tips on how to harden/optimize your property for section 8, how to pass the inspection, deal with section 8 and screening tenants. Great book. A word of caution, the book is written from a standpoint of efficiency which is fine, but some of these strategies will devalue your property if not implemented with discernment. Many of the section 8 processes have changed since the book was first written in 06. Post 2020, section 8 has made a lot of changes.

    Make sure you stay up to date on section 8’s processes and you’re welcome to leverage our experience when investing in section 8 in Cleveland.

    0Reply
  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 13k+ posts · 9k+ votes
    1y

    Have never taken a course and have dealt with over 500 Section 8 leases.

    There really isn't much to learn about the S8 program itself.

    The higher rents & corresponding returns implied are also mostly crap as rental rates are set by government.

    [email protected]248-209-6824
    Logical Property Management4.9469 Reviews
    WebsiteView Page
    1Reply
  • Roman Anderson
    Member since 2022 · 6 posts · 3 votes
    1y

    Avoid Eric Spofford Section 8 program at all costs. I had a terrible experience and am out many thousands of dollars. 

    0Reply
  • Placeholder Placeholder
    Member since 2025 · 1 post · 0 votes
    1y
    What is your contact number like to speak to you roman
    0Reply
  • Kenneth GarrettPro Member
    Investor · Florida Panhandle/Illinois · Member since 2016 · 4k+ posts · 3k+ votes
    9mo

    @Kerlous Tadres

    I’ve also never read on book section 8 Housing Choice Voucher Program. Once you get established it’s pretty seamless. If you keep your property up to date the inspection is not really much of a big deal.

    It does take time to get the process started. It can take 30-60 days to get through the process and closer to the 60 day. Read the paperwork and ask questions and it’s pretty smooth.

    You don’t need to pay for a program to work with on this process. Save your money.

    0Reply
    • Jay HinrichsBusiness Member
      Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
      9mo
      Quote from @Kenneth Garrett:

      @Kerlous Tadres

      I’ve also never read on book section 8 Housing Choice Voucher Program. Once you get established it’s pretty seamless. If you keep your property up to date the inspection is not really much of a big deal.

      It does take time to get the process started. It can take 30-60 days to get through the process and closer to the 60 day. Read the paperwork and ask questions and it’s pretty smooth.

      You don’t need to pay for a program to work with on this process. Save your money.


      I dont know why anyone would buy a program on section 8 a decent PM is all you need to get started there is no mystery or secret sauce. 
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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    9mo
    Quote from @Alan Santini:

    Hi all,

    Has anyone jumped into the abovementioned Section 8 investment program? i have a full time job that commands most of my bandwidth and I came across Eric Spofford's Section 8 program and I am curious to know if anyone knows anything about it that can shed some light on whether there is any merit going down this road? Any help or guidance on this would be greatly appreciated. Thanks


     As others mentioned, what is the program about? There is nothing really to it andlike others mention its all about having a PM that has dealt with s8 tenants in the past. I am not sure what you could gain. Have you asked taht question to the person teaching the course? Like, why should I take this?

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  • Steve K.
    Realtor · Boulder, CO · Member since 2016 · 3k+ posts · 5k+ votes
    9mo

    Got my Section 8 degree from the School of Hard Knocks where I majored in Kidnappings, Overdoses, and Illegal Gambling Rings. What I learned: only invest in good locations. There, saved you the money! 

    1Reply
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