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All Forum Posts by: Elvin William

Elvin William has started 10 posts and replied 39 times.

Quote from @Brendan Harrison:

If you're looking to invest under $200K, Oklahoma could be a great option to consider! Both Oklahoma City (OKC) and Tulsa have affordable properties with strong cash flow potential. These markets are landlord-friendly, and with growing populations, job growth, and solid rent-to-price ratios, you can still find opportunities to purchase below $200K and see positive returns. Additionally, the lower cost of living and minimal seasonal risks make property maintenance more manageable. It’s worth taking a closer look at Oklahoma if you're aiming for strong investment fundamentals!

Which zip code or area B that you recommend? Looking to do section 8. Thanks 
Quote from @Drew Sygit:

@Elvin William you should be able to figure that out yourself by using Zillow to analyze for sale & rental prices.

Zillow also has a feature that allows you to export a report of all the average sales prices for each zip code. Analyze that and you should be able to see pricing tiers that will correspond to Class A, B, C & D areas.


 Thanks for that information that has no help at all. I did that already. I like to ask people who has investments there. That's all.

I'm looking to invest in Cincinnati for the very first time. Which area or zip code is C and B area. I'm more looking to invest for section 8. How high demand is section 8 in that area. Any good property management recommendations? Thanks 

Quote from @Bob Stevens:
Quote from @Elvin William:
Quote from @James Wise:
Quote from @Richard Wilkinson:

I'm a Los Angeles based Realtor w/ 17 years of experience and I am looking to invest out of California.  At this point I would like to keep each purchase under $200k.  Can anyone recommend any markets where one can make a purchase for $200k or less and still have positive cashflow?


 Entire Midwest playa. Cleveland, Detroit, Toledo, Indy etc......Throw a dart at a map and you'll find a town that you can do that in.


 But what cities you recommend for section 8 cash flow city from the city you named?


 Clev and Detroit are very similar. In Cleveland I just got 1700 for a 4 br , all in 75k, $900 for a 1 br in the hood in my apartment building . 

Is there high demand for section 8 in Cleveland and are they picky where they want to stay? Do you have property management?
Quote from @Bob Stevens:
Quote from @Elvin William:
Quote from @James Wise:
Quote from @Richard Wilkinson:

I'm a Los Angeles based Realtor w/ 17 years of experience and I am looking to invest out of California.  At this point I would like to keep each purchase under $200k.  Can anyone recommend any markets where one can make a purchase for $200k or less and still have positive cashflow?


 Entire Midwest playa. Cleveland, Detroit, Toledo, Indy etc......Throw a dart at a map and you'll find a town that you can do that in.


 But what cities you recommend for section 8 cash flow city from the city you named?


 Clev and Detroit are very similar. In Cleveland I just got 1700 for a 4 br , all in 75k, $900 for a 1 br in the hood in my apartment building . 

Is there high demand for section 8 in Cleveland or section 8 picky where they want to live at? Do you have property management for your property?
Quote from @James Wise:
Quote from @Richard Wilkinson:

I'm a Los Angeles based Realtor w/ 17 years of experience and I am looking to invest out of California.  At this point I would like to keep each purchase under $200k.  Can anyone recommend any markets where one can make a purchase for $200k or less and still have positive cashflow?


 Entire Midwest playa. Cleveland, Detroit, Toledo, Indy etc......Throw a dart at a map and you'll find a town that you can do that in.


 But what cities you recommend for section 8 cash flow city from the city you named?

Post: Looking for A and B area. Zip code help.

Elvin WilliamPosted
  • Posts 39
  • Votes 30

Hello, I'm looking to buy SFH in st Louis and KC. I'm looking to rent to section 8. I'm looking for A and B SFH. Is there a demand for section 8 housing in these cities and how hard is it to get section 8 approved for those cities. Thanks

Hello, is there a form to fill out if I'm fixing my property once it's vacant and making it rent ready? Do the property management fill form up or do I? Where do I get the form at and what's the number or name of the form? My tax guy need it for filing my taxes next year. I'm fixing two properties this year. Thanks 

Quote from @Noah Loveless:
Quote from @Elvin William:

Here is another question. What if my agent gets double dip. Get paid by me and by seller. Is there any way I can find out how much agent gets paid?

 Hi Elvin,

Just curious why it matters to you if the agent double tips (i.e Duel agency)? If said agent performs and double dipping (i.e Duel agency) is legal in his/her state, shouldn't they be compensated for there efforts?


 The reason why it matters for me is this, if the seller paid 6% commission without a buyer knowing, the buyer will pay 3% commission on top of the 3% agent gets from sellers. That will be 6% total for commission. If I know if the seller paid 3% commission, I can save 3% on my side. So it will be a good idea to know what is the agent is making out of the deal. That's fair. If not, that's double dipping. 

Here is another question. What if my agent gets double dip. Get paid by me and by seller. Is there any way I can find out how much agent gets paid?