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6
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5
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Mia Chatman
  • Real Estate Consultant
  • Indianapolis, IN
5
Votes |
6
Posts

Indianapolis Indiana Section 8 Voucher Prices - Perfect for buy and hold investors!

Mia Chatman
  • Real Estate Consultant
  • Indianapolis, IN
Posted Apr 22 2024, 09:05

New to BP forums but I've leased Section 8 properties here in Marion county (Indianapolis) for 8+ years. I’ve seen this exact document get updated several times but this is a first! You can buy a single family or duplex here in Indianapolis and using these new Section8 voucher amounts, rentals here in Indianapolis are fantastic investments! And these are base numbers. Don’t let the tenant have a little Social security or part time job income…that makes these amounts even more!

😳

A few things I learned while leasing section8 properties here are.

-There are GOOD people that take care of property who are on section 8.

-Section8 tenants typically live in properties several more years than market tenants. (Less turnover)

-Property doesn’t have to be immaculate on the rehab or fully updated for a quality tenant to rent it.

- 2-4br single family homes are super desirable among voucher holders. 

Buy and hold some property in Indy!!!!!

🏠 🔌

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