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Updated about 1 year ago on . Most recent reply

Michael A.'s profile image
Michael A.'s profile image
Michael A.
  • Investor
  • from Richmond, VA
  • Member since Jun 19, 2016
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Michael A.'s profile image
Michael A.'s profile image
Michael A.
  • Investor
  • from Richmond, VA
  • Member since Jun 19, 2016
Connect
Michael A.
  • Investor
  • Richmond, VA
114
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164
Posts
Multi-Family and Apartment Investing

New Construction for Section 8 Tenants - Thoughts/Experience?

Michael A.
  • Investor
  • Richmond, VA
Posted

Anyone built new construction specifically for Section 8 tenants, or similar situations where tenants are low-income, but rent is somewhat guaranteed by vouchers, etc? I am looking at building a quad w/ 4 units (2bd/1ba each) but appreciate anyone's input on any size property made for this demographic. 

What was your experience like? How is it going now? Worth it? 

What cash-on-cash return did you require on paper in order to go through with the project?

Appreciate anyone's input.

Happy Friday! 

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