All Forum Posts by: Carlos Ponce

Nice deal Jordan, congratulations! What zip code in Louisville if you don't mind me asking? 

@Brittany Perkins got it, thank you

Gentlemen,

Thank you for the input as I was able to get a quick and thorough response from the local section 8 office regarding my dilemma. Appreciate it from you two! 

@James Wilcox @Nathan Gesner 

I am currently analyzing properties on the market. If I were to acquire a tenant occupied property lets say for this example who currently is on Section 8 and the current landlord receives a total of $500 per month. Market value is at $800. Am I able to raise the rent to market value if I were to purchase the property? For this example let's say lease ends December 2023. After that can I raise the section 8 rent to market value or is there a certain % I have to raise it under section 8? 

@Kelsey Bailey Thank you for this information is this for all states? Property is in Kentucky. Based on your experience in comparison to the current fair market value what rent raise should I present to Section 8 and the tenant... something a little above market value, at market value or something under market value?

Hey BP Family! Was curious to know what are the raise in rent rules for Section 8. Currently looking to raise rent on tenant and was curious to know will they pay more out of pocket or will the government cover the raise in rent? Hopefully my question makes sense.  

Jalen, hey I recently received a HELOC and currently investing in Louisville as well. Reach out to me on private message so we can speak more!

Hello everyone, I am a real estate investor from Long Island who invests in out of state rentals. Was curious to know if there are any real estate investing group or meetups out here on Long Island. I usually attend various out in NYC but would like to know if there are any out here on Long Island. I would love to connect with local investors, realtors, contractors, or anyone simply interested in real estate investing. Thanks!!

Andrew, thank you for the response. Are there any local pages you recommend? Thank you for the tip! 

I am New York based, looking to get into the Louisville rental market for a BRRRR. I would love to reach out to local investors for insights and opinions about the Louisville market. What areas to stay away from? Single homes? 2 bed, 3 bed? Local bank or credit union recommendations?

If you're open to having a more personalized conversation, I would greatly appreciate the opportunity to connect with you one-on-one. It would be an honor to meet over a cup of coffee, a phone call, or even a virtual meeting to discuss your experiences and seek further guidance. I truly believe that building relationships within the community is the key to success in any industry, and I would love to hear your stories firsthand.

Would love to connect and chat all things about real estate in Louisville! TALK TO YOU SOON!