Can You Really Get Rich with Section 8 Housing?

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In today's video Brandon Carter sits down with Section 8 real estate expert Tom Cruz. Learn more about Tom's journey, strategies, and the profound impact Section 8 investments have on communities. Don't forget to Join the Free Section 8 Webinar with the link in the description.

0:00 Section 8 real estate
0:35 Types of people in section 8
1:03 What properties are section 8
2:00 Steps to get into section 8
3:43 Tom cruz making down payment
4:09 Single or Multi family housing
5:17 Property appreciation
5:51 Charging in section 8
6:13 Summary
7:06 Second step getting into section 8
8:50 How much you could make a month
10:04 How tenants move out
10:17 Join FREE class

[OlvinMartinez-hv]

I gross 5600 monthly on 4 units with section 8 plus my 140k yearly w2 job. And party in Colombia 🇨🇴 every 2 to 3 months 😆 I'm good baby

[realrightconsulting]

I just convert one of my properties to section 8 and it was the best decision ever!

[NadeemAlamgir]

Section 8 rentals can be a great investment, offering steady, government backed income and high cash flow. However, you will face stricter property inspections and tenant management challenges. I’ve worked with investors finding deals under $100k in Cleveland, and while the numbers can look great, having the right property manager and understanding the your rental market is key to long-term success.

[DancinNate]

Seems to me the biggest catch of S8 is tenants and inspection. Pictures don’t do justice sometimes and a very long screening process of tenants will make or break the process. I don’t have any skin in the game but I feel like after 3-7 properties that’s when you start to get the ball rolling. But it seems like tenant screening is probably the most important part. Current home status, utility bill, debt, evictions etc.

[twofive]

Being the hard money lender for the buyer is a better business model once you have the capital to do so

[michaelberhane]

Brandon constantly dropping valuable knowledge 👊🏾

[stevenroshni]

The reason they don't move is a lot of landlords won't accept Section 8. Some tenants have mobility issuing making moving an even bigger pain and most places have stairwells.

[NEK]

Love TC...I'm about to start his course very soon

[Sombra_Azul_]

My man Brandon Carter ready to go to the next level!! W🔥🔥🔥

[strongestdirector]

Brandon " How you get evicted on Section 8" 😂😂😂 too funny. A very valid question

[retrac]

Woah. Why haven’t I heard about this before?? Are there some downsides of doing this compared to just a regular ~600k homes?

[cpt.cornelius]

Can an Australian utilize the section-8 scheme?

[elizabethroberts-nq]

Appreciate the content! Quick off-topic question: I have the SafePal Browser Extension Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How can I move it to Binance?

[franktomas]

Yeah but wont the ngos pay a landlord just the same like sec8?

[renasdopai]

Hey man just gotta say thank you for everything, but I got a question
When you are working like deep working what music do you listen, and do you have a playlist?

[dufourrichard]

No link, don’t even mention the guys name

[Davbad]

ya'll need to chill it with the vine booms

[tayneilson]

Where the hell is 60k house in a good location?

[svbion]

He's really just playing on the downfalls of Americas systems, while at the same time profiting from the guaranteed money the federal government pays out. Can't blame him, I guess....it is intelligent.

[rafiqjennings]

To own property is the American dream and it’s the way to passive income wealth that all the self-help entrepreneurs say…

But we all know how very expensive home ownership is. So the alternative is to go the section 8 route to become a slumlord?

Why not ask Myron Gaines how being a slumlord is working out for him.