All Forum Posts by: Charlie Gruber

Bill,

Just came across this event. Are you keeping same day/time for event in 2017?

@Dillon Iarussi,

What part of Denver are you looking to focus on?

I know I'm coming to this thread late but curious if can recommend investment minded realtor that works Lakewood/ Wheat Ridge/ Arvada areas?  Thanks.

-Charlie

Thanks @Bill S. and @Scott Trench,  great info.  Really appreciate the help as I work to figure out this real estate thing!
-Charlie

I'm looking at purchasing property and renting as section 8.  In particular the property is in Denver market and more specifically in Arapaho County and town of Lakewood.  In effort to find what the Section 8 rent rates would be I found below page that appears to list rent rates for 1-4 bedrooms:

https://www.huduser.gov/portal/datasets/fmr/fmrs/F...

A couple questions about this:

1. Are these rents standard across county I'm looking at?  For example, from reading table in above link looks like a 2 bedroom will collect $1,305 rent.  Is that for any 2 bedroom in county or is there further criteria to determine rent rate?
2. What is "criteria" to count a bedroom as far as section 8 is concerned?  In particular property has 2 bedrooms upstairs and 2 more downstairs.  However, basement none conforming rooms and I assume would have to make them conforming before can jump to the 4 bedroom rent rate in above link?
3. Property I'm looking at is duplex and one of the units is already section 8.  It's a 2 bedroom but under the $1305 rate outline in above link.  What is steps to bring rent up to this value in regards to section 8?
4. Any other thoughts/suggestions when trying to determine rent rates for potential section 8 property greatly appreciated.  

Thanks.

-Charlie

Thanks all, that gives me good starting point for estimates. Any suggestions on companies to perform work?

Looking at rental to purchase but needs egress windows to make basement bedrooms conforming.  Can anyone give me best guess at cost of adding egress windows.  Any advice appreciated but specifically looking at property in Denver market.  Thanks.