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Updated about 1 year ago on . Most recent reply
![Roohil Hamid's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2884687/1701218973-avatar-roohil.jpg?twic=v1/output=image/cover=128x128&v=2)
Section 8 Real Estate Investing
Hi all, I am looking to buy some properties out of state for cash flow. Any city recs? I was looking into Cleveland, I have some properties that caught me eye in the 80-100k range.. I wanted to pick up a few and rent them to section 8. I just wanted to know, how is the rental market? How fast will section 8 tenants apply? Is there demand? Or too saturated?
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![Joe Hammel's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1211086/1715563833-avatar-josephh211.jpg?twic=v1/output=image/crop=670x670@148x0/cover=128x128&v=2)
I have a few section 8 in my Metro Detroit Portfolio. Great Price/Rent ratios (technically #1 in the country...just saying lol) For real though, it has a very strong rental demand, low price to entry, plenty of jobs....and did I mention low price to entry? Just can't beat the cash flow.
$100k a year off 16 properties. Started buying 2019. Here is my portfolio for proof....
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- Joe Hammel
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