General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago,
Anyone doing Sec 8 rental in Indianapolis?
I'm analyzing some deals and getting very different numbers from different people for Sec 8. I was told that Indy just increased the payment standards for Sec 8 this year. However what they will pay for a specific property is much different than the maximum they will pay. Is there a way to find out what they will pay in a given area/type of unit? I'm looking at some multifamilies in the east side. One agent told me a 2 bedroom will rent for around 7-900 through sec 8, and another told me I can get 1200 (not including utilities allowance), so it's a huge difference.
Any other advice regarding Sec 8 in Indy?