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All Forum Posts by: Christopher Robert Noland

Christopher Robert Noland has started 2 posts and replied 69 times.

Post: How to Apply for Section 8 in Michigan - Landlord

Christopher Robert NolandPosted
  • Investor
  • Seattle, WA
  • Posts 81
  • Votes 43

Applying for Section 8 housing assistance in Michigan involves several steps. Here’s a straightforward guide to help you navigate the process:

### 1. **Understand Section 8**

- **Housing Choice Voucher Program**: Section 8, or the Housing Choice Voucher Program, helps low-income families afford housing by subsidizing rent. Tenants pay a portion of their income toward rent, and the program covers the rest.

### 2. **Find Your Local Public Housing Agency (PHA)**

- Each area in Michigan has a local PHA that administers Section 8 vouchers. You can find your local PHA by visiting the **HUD website** or by searching for "Michigan PHA" to locate your specific agency.

- **Contact Information**: Once you find your local PHA, check their contact information and see if they have a website with additional resources.

### 3. **Application Process**

- **Application Forms**: You will typically need to fill out an application form. Many PHAs allow you to apply online, but some may require a paper application. Check your local PHA’s website for specific instructions.

- **Eligibility Requirements**: Ensure you meet the eligibility requirements, which usually include income limits and citizenship or eligible immigration status.

### 4. **Landlord Involvement**

- **For Landlords**: If you’re looking to become a Section 8 landlord, you will need to apply with the PHA as well. This often involves completing a **Landlord Application** and providing information about the property you intend to rent.

- **Contact Your PHA**: Reach out to your local PHA directly for information about becoming a Section 8 landlord. They can provide you with the necessary application forms and guidance.

### 5. **Follow Up**

- **Check for Updates**: Since you’ve already reached out via email and phone without a response, try visiting your local PHA office in person, if possible. This may help you get answers more quickly.

- **Persistent Contact**: Continue following up through different channels (email, phone, and in-person) to ensure you receive the necessary information.

### 6. **Waiting List**

- Be aware that many PHAs have waiting lists for Section 8 vouchers due to high demand. If the waiting list is closed, you may need to check back periodically.

### 7. **Resources**

- **HUD Resources**: For more information, visit the [HUD website](https://www.hud.gov/program_offices/public_indian_housing/programs/hcv/about) or call their office for assistance.

- **Local Organizations**: Consider contacting local housing organizations or community service agencies that may provide assistance or resources related to housing and Section 8 applications.

By following these steps, you should be able to apply for Section 8 assistance in Michigan and get more information about the landlord application process. If you need any more specific information, feel free to ask!

Post: Investment property refinance

Christopher Robert NolandPosted
  • Investor
  • Seattle, WA
  • Posts 81
  • Votes 43

Seasoning period. 

Post: Buying friends house

Christopher Robert NolandPosted
  • Investor
  • Seattle, WA
  • Posts 81
  • Votes 43

Emotional purchases are bad investments. Nostalgia is the worst business model. It doesn’t sound like a good deal if it won’t cash flow with 20 percent down; but it depends on your goal ..

Post: How do I buy 10 rental properties in 1 year?

Christopher Robert NolandPosted
  • Investor
  • Seattle, WA
  • Posts 81
  • Votes 43

Unrealistic expectations will cost you everything. It sounds like you want to leverage a house of cards to fall. This is a long game not a 5 year game. I think you are focusing on the wrong thing. 

I charge $99 on Instagram to teach people about investing and long distance investing with little to no money down. I essentially go over the entire process and teach about asset classes and risks with certain strategies but I never promise people they will get rich fast or that it will be easy. 

Maybe I would be making more money off it if I did but I prefer to be upfront, it’s not easy. 

Post: Difficulty finding a tenant

Christopher Robert NolandPosted
  • Investor
  • Seattle, WA
  • Posts 81
  • Votes 43

It’s priced too high. 

Go onto Redfin and analyze the data as to who is moving there and advertise in those areas also for tenants who might be moving to that area. 

How much is the rent in the area for the same place? Who is moving there ? Who is willing to pay it is gonna be your and we because Connecticut isn’t in great shape and there’s a lot of people moving out instead of in. The act of raising the rent can make some tenants move out of principle and if you don’t have a large tenant pool, you’ll just lose money. 

Post: Education Syndication Model: The Road Map

Christopher Robert NolandPosted
  • Investor
  • Seattle, WA
  • Posts 81
  • Votes 43
Quote from @Stuart Udis:

I continue to see more and more posts suggesting real estate investors should go from buying 2-4 unit buildings to buying larger apartment complexes. I believe these posts are influenced by the pay for education syndication model. Here’s how it works: You’re told you can accelerate your growth and get into larger syndications. These syndication educators teach you underwriting, give you lists of brokers, recommend you increase your social media visibility and are provided techniques and tools to raise capital. You’re also given permission to list your educators as "Partners" or “Strategic Advisors”  to boost your credibility given you have no track record.

 You take all of these steps and then set out on the mission of raising capital. Easy right? Not so fast. You realize it’s not easy to raise capital for larger syndications in small amounts. Your friends and family know you on a personal level and question your capabilities. They’re out. You then realize raising capital from individuals you don’t know is equally as challenging because you don’t have a track record. They're out as well. Where do you go from here after spending all of this money on education and time setting up your syndication business? You take the lists of brokers you were given, the underwriting skills and capital raising techniques you were taught and you begin raising capital and finding deals for the the syndication educator who started you down this path in the first place.

Now you may ask why you would do this? They offer you Co-GP status of course! Yep, raise some money for them, find them a deal, lend them money to fund a deposit or conduct their diligence…you contributed to the deal and in return they will give you a CO-GP title.  Now you are instructed you can put "GP" or "Owner" of 50, 100, 500 etc. units in your social media or your website and just like that you have yourself a track record.  Let's just ignore the fact you are knowingly misleading those you want to stumble across your your more polished syndication resume, but who cares? Next time you try your hand at raising capital you may fool some of the people who first balked at your credentials. 

To recap, you pay to learn the necessary skills to source deals and capital for your educators and  you are actually taught to deceive investors by embellishing your track record and credentials by dangling your GP status in ways not representative of your true role. I believe most who sign up for these programs are too naive to know what's happening but if you are someone who does and still believe this is the best path forward I question whether you possess the moral compass or responsibility to care for someone else's hard earned money.  That's the roadmap and its spreading like wildfire. Anyone else noticing? 


2-4 units way easier to finance. So yes it’s to sel a course as usual.  

Special features are what set Airbnb apart. Analyze the cost vs new profit and see if it is worth doing. But usually Airbnb with some specialty will rent over one that doesn’t.