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Updated almost 9 years ago,
SO MANY PEOLE ON SSI Disability Benefits
Anybody figured out how to help them?...and help each other?
I was thinking to buy this mobile home ( 5000,- /needs 2000,- or 3000,-/ lot rent 352,-/trash 13,-/water 75,-, taxes 25, I think no insurance, because seller was hesitating talking about it )
It has a tenant : The ordinary SSI payment in 2015, without any reductions for income or additions for a state supplement, is $733
For me to fix it up I would have to raise the rent. I was thinking 666. And leave the tenant on less then 100 dollars a month.
I am facing several problems and if anything, at least I would like to find somebody I can talk to about this.
55+ comunities?...can I buy a property there and rent it out?...I did not find a specific answer to that, place to place different, different rules, different rent etc.
Not everybody on 773,- is 55+. Do they get some help ( housing support) or I am missing something?
Does anybody has experience in this department ( this kind of tenants )
Thank You