Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

2
Posts
0
Votes
Peter Board
0
Votes |
2
Posts

I have a real estate mentor and he told me this, is it true?

Peter Board
Posted

I have a real estate mentor and we are looking at properties together.  He told me that Sec 8 pays $1,511 for a three bedroom home.  This applies, for the most part, regardless of where the home is at.  He says he has over 50 homes around the country and they all pay 1,511 generally speaking as long as they are 3 bedrooms.

He uses data from HUD to back up his statement: https://www.huduser.gov/portal/datasets/fmr/fmrs/FY2023_code/2023summary.odn

Is this true across the country?

Loading replies...