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User Stats

10
Posts
24
Votes
Nicholas Nakamura
  • Chino, CA
24
Votes |
10
Posts

Real Estate Investing-Section 8

Nicholas Nakamura
  • Chino, CA
Posted

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?

User Stats

133
Posts
87
Votes
Jeff Roth
  • Real Estate Consultant
  • Ann Arbor, MI
87
Votes |
133
Posts
Jeff Roth
  • Real Estate Consultant
  • Ann Arbor, MI
Replied

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!

User Stats

53
Posts
16
Votes
Myeasha Jones
  • Property Manager
  • San Francisco, CA
16
Votes |
53
Posts
Myeasha Jones
  • Property Manager
  • San Francisco, CA
Replied

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.

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User Stats

10
Posts
24
Votes
Nicholas Nakamura
  • Chino, CA
24
Votes |
10
Posts
Nicholas Nakamura
  • Chino, CA
Replied

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.  

User Stats

7,988
Posts
4,541
Votes
Drew Sygit
Agent
Property Manager
#2 Managing Your Property Contributor
  • Property Manager
  • Royal Oak, MI
4,541
Votes |
7,988
Posts
Drew Sygit
Agent
Property Manager
#2 Managing Your Property Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Nicholas Nakamura we currently manage almost 700 doors, almost 100 of them being S8 leases.

DM us if interested...

User Stats

995
Posts
1,310
Votes
Samuel Diouf
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
1,310
Votes |
995
Posts
Samuel Diouf
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
Replied

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.

User Stats

456
Posts
231
Votes
Aristotle Kumpis
Pro Member
  • Investor
  • Lake Forest, CA
231
Votes |
456
Posts
Aristotle Kumpis
Pro Member
  • Investor
  • Lake Forest, CA
Replied

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.

  • Aristotle Kumpis
  • User Stats

    171
    Posts
    267
    Votes
    Kerlous Tadres
    Pro Member
    #4 Out of State Investing Contributor
    • Realtor
    • Columbus, OH
    267
    Votes |
    171
    Posts
    Kerlous Tadres
    Pro Member
    #4 Out of State Investing Contributor
    • Realtor
    • Columbus, OH
    Replied
    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

  • Kerlous Tadres
  • User Stats

    8
    Posts
    5
    Votes
    Replied

    Ohio hello steubenville ohio

    User Stats

    670
    Posts
    937
    Votes
    Min Zhang
    Agent
    Pro Member
    #1 New Member Introductions Contributor
    • Real Estate Agent
    937
    Votes |
    670
    Posts
    Min Zhang
    Agent
    Pro Member
    #1 New Member Introductions Contributor
    • Real Estate Agent
    Replied

    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!

    User Stats

    261
    Posts
    166
    Votes
    Regina Blake
    • Realtor
    • Cleveland, OH
    166
    Votes |
    261
    Posts
    Regina Blake
    • Realtor
    • Cleveland, OH
    Replied

    Hi, definitely check out Ohio and please reach out if you have any questions. Best wishes!

    User Stats

    1,631
    Posts
    1,666
    Votes
    Marc Rice
    Agent
    • Real Estate Agent
    • Columbus, OH
    1,666
    Votes |
    1,631
    Posts
    Marc Rice
    Agent
    • Real Estate Agent
    • Columbus, OH
    Replied
    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.

    User Stats

    8
    Posts
    5
    Votes
    Replied

    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

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    User Stats

    557
    Posts
    265
    Votes
    Mackaylee Beach
    • Real Estate Agent
    • Kansas City, MO
    265
    Votes |
    557
    Posts
    Mackaylee Beach
    • Real Estate Agent
    • Kansas City, MO
    Replied

    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.