Paying for a Section 8 investment course is the equivalent of an aspiring cook paying for a course titled: How To Boil Water

Law enforcement is now targeting third parties involved in “cooking the books” that “force by fraud” qualify clients for Covid-19 relief.

avoid expensive gurus who are good snake oil salesman and tag along with the people actually investing.

The squeaky wheel, gets the oil.

Here in Cook and DuPage counties, rentals can pull 6-8% cap rates, which is solid.

Despite their track record, both these guys continue to peddle their snake oil.

I suspect you will see far more cases in the next few years as social media has made it far easier than ever before to reach the types of investors who are susceptible. next wave will be the apartment syndicators that are leaking oil.. now many to most wont be criminal they will just fail and the investors will be wiped out..

A few “devil in the details” notes I see often on sub-$2M (mostly C-class/vintage): • Underwriting quirks: In Cook County, taxes can jump post-sale/reassessment—stress test NOI with +20–35% tax sensitivity and budget for appeals.

Over the course of the year, it would be over 60% return and still cooking for many years after. 

While we worked together though, It was the firsttime in my life I wasn’t able to generate money from any new venture.Eventually we got into Oil and created GEA.