How to Build a $25m Section 8 Portfolio in Less Than 8 Years with Tom Cruz: An EOFire Classic from 2021

Entrepreneurs on Fire

John Lee Dumas

Content, Passive, Entrepreneuronfire, Podcast, Money, Entrepreneurs, Income, Success, Business, On, John, Marketing, Eofire, Entrepreneurship, Online, Dumas, Niche, Fire, Careers, Media, Lee, Internet, Mobile, Interview, Entrepreneur, Seo, Finance, Social

4.8 • 4.1K Ratings

🗓️ 1 March 2025

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

From the archive: This episode was originally recorded and published in 2021. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.

Tom Cruz is a 33 year old real estate investor who grew his Section 8 portfolio from 0 units to 390 in less than 8 years. He is now generating $400k/m+ in passive income.

Top 3 Value Bombs

1. The key to success is providing value.

2. Leverage your team and use the right software.

3. If the outcome is not income, delegate it.

Follow Tom on Instagram - @Tcruznc Instagram

Sponsors

Thrivetime Show Attend the world’s highest-rated business growth workshop taught personally by Clay Clark at ThrivetimeShow.com/eofire

Airbnb If you’ve got an extended trip coming up and need a little help hosting while you’re away, hire a co-host to do the work for you! Find a co-host at Airbnb.com/host

Transcript

Click on a timestamp to play from that location

0:00.0	Boom. Shake the room, Fire Nation. JLD here and welcome to Entrepreneurs on Fire, the only
0:07.4	daily show interview in the world's top entrepreneurs seven days a week. Today we'll be breaking
0:12.0	down how to build a 25 million Section 8 portfolio in less than eight years. And to drop these
0:18.2	value bombs, I brought to Tom Cruise into EO Fire Studios. Tom is a 33-year-old real estate investor who grew his Section 8 portfolio from zero
0:25.2	units to 390 in less than eight years. He is now generating over $400,000 a month in passive income.
0:32.9	And today, our foundation will talk about the key to success is providing value, how to leverage
0:37.2	your team and use the
0:38.1	right software. And if the outcome is not income, delegate it. And so much more. And a big thing
0:43.7	for sponsoring today's episode goes to Tom and our sponsors. Is this your year to grow a successful
0:50.1	business? Attend the world's highest rated business growth workshop taught personally by Clay Clark
0:54.7	and now featuring football star Tim Tebow and President Trump's son Eric Trump at ThriveTimeshow.com
1:01.1	slash EO Fire. Again, request life-changing tickets today at ThriveTimeshow.com slash EO. Fire.
1:10.1	Tom, say what's up to Fire Nation and share something that you believe
1:15.7	about becoming successful that most people disagree with. What's up, Fire Nation? Yeah, the most
1:23.4	obvious thing that I could think of when I was asked this and putting that together is,
1:28.3	I think it comes back to passion.
1:30.3	I think there's that platitude and cliche where everyone says you have to follow your passion
1:34.3	in order to be successful.
1:36.3	And I don't think that's true.
1:37.3	I think passions are great for hobbies and passions can also overlap with success.
1:42.3	But I think the key of success is providing value.
1:46.0	And I found that providing value through real estate and a basic need is the way that, you know,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from John Lee Dumas, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of John Lee Dumas and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.