All Forum Posts by: Gregory Martin

Hey BP, first time landlord working with a section 8 prospect. I already did her screening and verbally accepted her application, but my question is how to i move forward?  do I now Request for Tenancy Approval (RTA) form so HUD could come inspect the property and starting collecting rent (assuming inspection is passed)? how is the process/workflow typically work for you guys? -- I know every location probably different but normally how long the process take? any proactive steps i can take to help speed up the process? Thanks

How to get the maximum rent from secion8 applicants?

let's say i listed a three bedroom rental for $2800 but the the tenant8 applicant has a gross rent voucher for $3200. Gas/Heat/Hot Water is included in the rental, when completing the proposed rent form could I ask for more rent money or should I stick to what the property is originally listed for? 

Thanks @Zachary Ware, I'll be staying in one unit and rent out the other till I move out and rent both. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $405,000
Cash invested: $35,000

2 Family - 1 unit is 2 bedroom and second unit is a 4 bedroom unit with formal dining room and 1.5 bath.

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

personal funds

Hey Guys, what are your thoughts on Mixed properties. For example a duplex with a commercial front store? I am new to real estate, if the numbers make sense should I consider buying one as my first rental property or should I only focus on regular 2-4 units? if 5-10 years later I wanna get rid of them how easy would it be? Any insights, tips or advise would be helpful. thanks