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Real Estate Investing-Section 8
Hello everyone,
New to the forum. I am a 45 year old teacher looking to invest in section 8 housing in states that have a high demand. What are some states that i can start in?
Hi Nicholas-
Great question!
You are a teacher from California looking to invest in states that have a high demand for section 8 housing and asked some suggestions for good states to invest.
I am a retired teacher myself and all of my tenants are section 8.
I personally love section 8 tenants and proving safe and affordable housing for them.
I am in Michigan. There are many high demand section 8 communities in Michigan because not all landlords cater to section 8 so tenants are happy and stay if you provide attractive housing for them.
To Your Success!
Hi! I would say if you are looking for good places with section 8 California! Bay area, especially. Alot of landlords although illegal to don't rent to section 8.
Thank you, Jeff! Do you have any referrals for PM or any of the CORE four? Looking for a reliable team since I’m out of state.
- Property Manager
- Royal Oak, MI
- 4,541
- Votes |
- 7,988
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@Nicholas Nakamura we currently manage almost 700 doors, almost 100 of them being S8 leases.
DM us if interested...
Columbus, Ohio is a great market to consider if you're leaning towards appreciation. I moved here from Florida after seeing the expansive growth in the Columbus market.
There are multiple billion dollar companies dumping money into the city, such as Intel, Google, and Amazon. And a lot of start-up companies are migrating to this city as well, because of the efficient costs of living, the OSU campus that has thousands of students graduating and looking for jobs locally, and the availability of land.
Everything that’s going on here in Columbus is attracting investors and other businesses from all over. A recent study showed that 80 people are moving to this city every single week, which will continue to increase housing demand.
Section 8 is everywhere. And it's in high demand everywhere due to high inflation and people not being able to afford housing these days. So you can pick any market really. But keep in mind that you are not able to market or select only tenants that do or do not have a voucher. That's a fair housing violation. I've seen people who want to rent a $4000/month house with a voucher, down to a $600/month house. Our company has a few markets where you can buy property in which you have the possibility of getting a section 8 tenant. A few of my rentals have section 8 and I love it.
- Realtor
- Columbus, OH
- 267
- Votes |
- 171
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Quote from @Nicholas Nakamura:
Hello everyone,
New to the forum. I am a 45 year old teacher looking to invest in section 8 housing in states that have a high demand. What are some states that i can start in?
Hey Nick,
I have two duplexes out here in Columbus,Ohio and would love to see if I could get your CORE 4 set up in order to get the best deals and have a great team around you. Let me know if there is anyway I can help
- Real Estate Agent
- 937
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- 670
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Hey Nicholas, C Class neighborhoods in Columbus are more geared towards Section 8 and long term renters. You should check Cleveland market too. Let me know how I can help!
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Real Estate Agent
- Reafco
- (614) 412-2912
- http://www.reafcorealestate.com
- [email protected]
Hi, definitely check out Ohio and please reach out if you have any questions. Best wishes!
Quote from @Nicholas Nakamura:
Hello everyone,
New to the forum. I am a 45 year old teacher looking to invest in section 8 housing in states that have a high demand. What are some states that i can start in?
Cleveland and Dayton OH would be great for what you're looking for.
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Real Estate Agent Ohio (#2020001277)
- 614-363-2787
- https://marc.reafcorealestate.com/
- [email protected]
Hello definitely Ohio in steubenville Ohio has over 800 people on waiting list .I have over 100 vacant lots. With utilities in place city roads jv deals
Welcome to Bigger Pockets!
Have you explored the Kansas City market?
I would love to connect with you to share not only our current market insights but also information on available turnkey properties.