All Forum Posts by: Matthew Johnson

Thanks Patty and Jennifer. Both of you were helpful. 

Thanks Chris, that's what I assumed. It seemed to good to be true. I'm looking into section 8 more but getting in touch with anyone has been a bear and the website is fairly vague. I know security deposits, the site lists that as long as it's "market" it's fine. In your experience has this been ~1 months rent or have you been able to get away with more?

I've heard a few different things about section 8 over the last few weeks and the HUD website is a bit vague.

I was told there is a new insurance program for section 8 that protects landlords should a tenant damage the property. I wanted to ask if that was true?

I doubted it which is why I was asking. In addition, what are the remedies for a landlord with section 8 tenants should they damage the property?

Thanks for your time.

Looking at properties in VA up for judicial tax sale. I found liens.

1.What types of liens are required(such as federal) to be paid in a judicial tax sale and which can be waived ?

2. Are mechanics liens required to paid?

3. Average interest on liens?

4. How do you know the placement of a lien 1st, 2nd etc?

Looking at a few properties in Va. Done some research and found quite a few liens.

1. Are mechanic liens required to paid or can be waived?

2. How do I know the placement of a lien? First second etc.

3. Average interest on liens?

4. What liens can be waived and what type of liens are required (like federal)?

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $128,200
Cash invested: $12,800

First home I've ever owned. Bought in a medicare sale with all closing costs paid at tax assessed value. Lived in for 3 years and now renting with great tennants.