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Updated about 5 years ago, 09/23/2019

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3
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1
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Paul Kong
1
Votes |
3
Posts

Buying Next to Section 8 Housing

Paul Kong
Posted

Hi All, 

This is my first post! Excited to join the network and look forward to interacting with all of you for the foreseeable future! I'm new to real estate investing but am planning on getting my feet wet soon! 

I've been looking at some properties in the Atlanta area and I'm primarily looking for townhomes. It'd be a home that I could see myself living in as well. However, I want to test out the waters for Airbnb and possibly rent it out yearly if the numbers are right. It's no secret that Atlanta is becoming more and more gentrified in the city and so a few of the units that I really liked are close to Section 8 housing. My favorite home is actually across the street from a bunch of Section 8 housing units and you regularly see the tenants walking around and just hanging out on the steps and on the patio. Being from Atlanta, this doesn't bother me that much but I just wanted to get everyone's opinion on whether it'd be a good idea to buy near Section 8. Also, this home is located real close to a really thriving area of Atlanta near the Beltline. 

PK

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