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Updated over 5 years ago,
Starting real estate with section 8
Hello Guys,
Its a pleasure to be around you guys in this group. I am new into real estate and I was think if its possible to start with buying properties and give it to section 8. I am thinking about getting around 5-6 properties by the end of this year. I have found 1 which is 8 bd and 2 bathroom (duplex property) They both are section 8 tenants. the cash flow from that property after expense will be around 750 per month. I was wonder If its possible to make upto 5K profit from section 8 properties a year. I was wondering if anyone is doing this or someone has done this and thinking that it is a good idea.
Thank You guys