Section 8 Secrets Review (Updated) by Tom Cruz

Course Name: Section 8 Secrets
Instructor: Tom Cruz
Price: $5,000

Overview

Section 8 Secrets is a real estate investment course designed to teach you how to profit from renting properties through the federal Section 8 program.

Sounds good, right?

Guaranteed government rent checks, a stable income stream, and tenants who (hopefully) take care of your property. The course offers video lessons and 12 months of mentorship for a steep $5,000. Whether or not that’s a steal or a scam... well, buckle up.

Content and Structure

The course covers eight main sections, walking you through the process of becoming a Section 8 landlord. Starting with the basics—what Section 8 housing is and why you might want to invest—it then moves on to more nitty-gritty topics like financing your first property and screening tenants. Yes, even Section 8 tenants need background checks (surprise!).

There are also sections on property inspections, tenant onboarding, and property management. Tom advises against using third-party management services and suggests that you handle things in-house with a team. Lucky for you, Tom includes some valuable information on the paperwork required for setting up your LLC. If filling out government forms excites you, you’ll love this part.

In addition to these sections, the course promises live mentorship from Tom and his team for one year. But don't expect weekly Zoom chats with Tom himself—most of the engagement happens through a private Discord group. That's where you'll ask your burning questions and (hopefully) get answers.

Who Is Tom Cruz?

Tom Cruz is the course’s self-made real estate expert, claiming to own over 500 properties and making $450,000 per month in passive income. He’s got a backstory that includes selling Pokémon cards and running website design businesses before becoming the Section 8 King. Based out of North Carolina, he’s built his empire primarily in the Southeast, dealing heavily in single-family homes for Section 8 tenants.

But let’s be real: Tom Cruz’s reputation is as colorful as his rise to riches. The man has been involved in some controversies—failed businesses, fake refund emails, and a slew of dissatisfied clients from his past marketing ventures. While he doesn’t deny these things, he either brushes them off or blames them on "poor handling."

Should You Buy It?

That’s a tough one. The course offers valuable insight into a specific niche of real estate, and the promise of government-backed rent is appealing. But the price tag is steep, and Tom’s track record isn’t spotless. If you’ve got $5,000 to burn and are willing to dive into Section 8 housing, it might be worth it. Just don’t expect a refund if you change your mind—Tom doesn’t do refunds.

Price

At $5,000, Section 8 Secrets is undeniably expensive. You get access to video tutorials and a year-long mentorship, which some may argue could justify the cost, especially considering the potential returns from successfully investing in Section 8 properties. However, the price may deter beginners who don’t have significant capital or experience.

Pros and Cons

Pros:

• Guaranteed Rent: One of the biggest draws of Section 8 housing is the government-guaranteed rent payments, which can provide stability for investors.

• High Demand for Housing: There’s a constant demand for affordable housing, meaning there’s no shortage of potential tenants.

• Scalability: The course promises to teach you how to scale your Section 8 portfolio, potentially leading to substantial passive income.

• 12 Months of Mentorship: A year of mentorship can be a valuable resource for navigating the complexities of real estate investing.

Cons:

• High Price: $5,000 is steep, especially for those new to real estate investing or without a strong financial cushion.

• Delayed Payments: Section 8 payments can sometimes be delayed, leaving you waiting for your rent checks.

• Tenant Management Issues: Despite the guaranteed rent, dealing with tenants in the Section 8 program can present challenges, including the occasional complicated eviction process.

• Uncertain Support: While Cruz offers mentorship, much of it is via a private Discord group, which may not provide the hands-on guidance some students expect.

My Conclusion

Despite the high price and a few potential challenges, Section 8 Secrets doesn’t appear to be a scam. The course provides valuable insights into a specific niche in real estate, and Tom Cruz’s experience in Section 8 housing seems genuine. Cruz is upfront about the work involved and the potential hurdles investors might face, making it clear that this isn’t a “get-rich-quick” scheme. If you’re serious about investing in Section 8 housing and have the financial means, the course could provide a solid roadmap.

However, this course might not be for everyone. If you’re new to real estate investing and unsure whether you want to commit fully, the steep price tag might make you think twice. On the other hand, if you’re committed to learning how to navigate the world of Section 8 real estate, the course offers valuable mentorship and insights that could help you succeed.