All Forum Posts by: Nathan Frost
Nathan Frost has started 106 posts and replied 336 times.
Post: Section 8 Investing

- Rental Property Investor
- Wichita Falls, TX
- Posts 338
- Votes 77
Quote from @Travis Biziorek:
I can tell you right off the bat that this person is misrepresenting how you actually calculate cashflow.
You simply aren't getting $500/mo net cash flow for door with S8 today in any market.
It's likely they aren't including all expenses including property management, taxes, insurance, mortgage payment, and capex/vacancy/repairs holdback.
I've spoken with a few people that have taken his course (I think $5,000). There's not much there that you can't learn with free online resources. Section 8 isn't a magic bullet nor is it all that complex.
Whats the kicker with his course? I am curious how he finds the properties for 8-12k? And are they ready for rent/section 8. Even Pace Morby does this with his Pad Split stuff. Says this pad split will get you $7k per month but isn't including mortgage, vacancies, minor cleanings etc. When in reality its more like 2k.
Post: Section 8 Investing

- Rental Property Investor
- Wichita Falls, TX
- Posts 338
- Votes 77
Quote from @George Red:
I echo what @Jon K. said... if you're still interested after doing some additional due diligence, try starting with 1-3 as opposed to jumping into 10. You may not like the space so it may be better to put your foot in the water first. Also, as you're meeting this person through IG I would be sure to have all legal precautions and real estate attorney in place for transactions as you don't know this person from a hill of beans. Can they provide examples of clients they've worked with before, how do you know they're legit... all the things.
- G
Agree. Just would need a mentor. But sounds too good to be true. Section 8, STRs, or Padsplit. Which is best?
Post: Real Estate Investora Conference Recommendations

- Rental Property Investor
- Wichita Falls, TX
- Posts 338
- Votes 77
Quote from @Chris Seveney:
@Nathan Frost
For private lending their is AAPL, NAPL and Geraci
That’s conferences most PML’s go to so be a good place to meet them.
Honestly private money is not hard to find if you have the credit and down payment amount.
The latter is the reason why most cannot get funds
Where should I look? Banks require 20% down. What is an advantage of a PML. I wish I could buy 2-3 more deals but have someone pay the 20% down I don't have.
Post: Section 8 Investing

- Rental Property Investor
- Wichita Falls, TX
- Posts 338
- Votes 77
Hi all, I have had two people reach out claiming they can get $500 cash flow per unit section 8. Saying I should invest in 10-15 units. Anyone experience with section 8? I mean I could buy 10-12. Just not sure if its too good to be true or worth it. Rather get into STRs or Pad splits.
His profile is section8karim on Instagram.
Post: Real Estate Investora Conference Recommendations

- Rental Property Investor
- Wichita Falls, TX
- Posts 338
- Votes 77
Hi all, what conferences do you recommend on real estate investing. Which ones just try to sell you on a coaching program? I mainly want an in depth conference that helps one find PMLs and deals. One that helps you network and not sell you something.
Post: Refinance Advice on Portfolio of Rental Properties

- Rental Property Investor
- Wichita Falls, TX
- Posts 338
- Votes 77
Quote from @Noah Dreizer:
Quote from @Nathan Frost:
Quote from @Chad Davis:
@Nathan Frost What was the outcome on this?
Who'd you use? And how much did you pull out?
Renovo - 112k. 60k paid off debt/repairs.
Post: Vacation Home Loan Lender Recs

- Rental Property Investor
- Wichita Falls, TX
- Posts 338
- Votes 77
Quote from @Melvin List:
A broker with have a 10% down program for second homes!
Only will allow with DTI. Most can't qualify unless making six figures.
Post: What cities are currently great for high airbnb returns?

- Rental Property Investor
- Wichita Falls, TX
- Posts 338
- Votes 77
Quote from @Julie Hill:
Who here is making 2-3x returns on their STR? I want to know what areas in the U.S. are hot. I have a full condo of furniture and have to move it somewhere to STR! Obviously I want it to be fully legal and licensed. I would love your experiences because my alternative is to spend a ton of money on airdna data! Thank you in advance!!!
What areas are hot for 2024 that you found?
Post: Prime Corp Building Business Credit

- Rental Property Investor
- Wichita Falls, TX
- Posts 338
- Votes 77
Was recommended them from Pacy Morby's group. Its $2k to start and was wondering if it is worth for them to build the Paydex and build up my business credit. I hear good things just worry about throwing $2k at something like this without anyone that has done it before.
Post: Credit card stacking in business name

- Rental Property Investor
- Wichita Falls, TX
- Posts 338
- Votes 77
Quote from @Ned Carey:
The reality is you may not be ready for real estate. Despite claims otherwise no money down deal are the rare exception. Any strategy that comes with no money down increases risk of failure.
That said perhaps Brandon Turner's book on no or low money down investing will help. The key strategies are: partners, private lenders*, and owner financing, but there are many others.
* when I say private lenders I mean true private lenders; people who lend to you becuas they know and trust you. I do not mean industry profesionals that have co-opted the name "Private Lender"
Makes sense. Where do you find "real" private lenders?