Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: James Chen

James Chen has started 1 posts and replied 3 times.

Post: BRRRR+Section 8 Twist in NoVA?

James Chen
Posted
  • New to Real Estate
  • Vienna, VA
  • Posts 3
  • Votes 1

Thanks @Russell Brazil and @Richard Mollel for the helpful info! According to Fairfax County gov't, they would subsidize up to $3,059/month for a 5-bedroom unit (https://www.fairfaxcounty.gov/...), which seems to be the size that Dr. Joe targets. However, from what I can tell this is maybe middle-of-the-pack in terms of rent prices in Fairfax County. Some houses rent for less, some rent for more, so that seems to argue for the case that section 8 subsidies won't necessarily be more "profitable" then renting to regular tenants. Am I understanding this correctly?

Post: BRRRR+Section 8 Twist in NoVA?

James Chen
Posted
  • New to Real Estate
  • Vienna, VA
  • Posts 3
  • Votes 1

Hello all,

I listened to Dr. Joe Asamoah's two interviews on the BP podcast (#356 and #498) and was quite inspired by what he's doing. Does anyone have any insights or experience with trying out this strategy in the NoVA area?

Post: Northern VA Open Networking

James Chen
Posted
  • New to Real Estate
  • Vienna, VA
  • Posts 3
  • Votes 1

Hi Jin, thanks for setting up this event! I'm relatively new to real estate investing so am looking forward to meeting you and everybody else.