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24 November 2024 | 3 replies
The response after following up was "Can you try supportnumbers?"
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26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.
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2 December 2024 | 33 replies
Many good responses already.
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24 November 2024 | 1 reply
If there is no HOA because it has been family run, it will be dicey, but generally if it is a private road, all those on the road are collectively responsible for maintenance and improvements.
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25 November 2024 | 13 replies
Thank you for your response.
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21 November 2024 | 305 replies
This has been crucial to the success of getting in paid in full by so many tenants.
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22 November 2024 | 7 replies
So yes it can work, but you also need to be able to convert the responses you get into closing.
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25 November 2024 | 14 replies
I would kick the tires because it seems like it could be great.Thank you so much for the response I agree with everything you said here.
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26 November 2024 | 2 replies
Make sure to shop around for the best rates and terms.Find the Right TenantsOnce you’ve purchased the property, screen tenants carefully to ensure you find responsible individuals who will pay rent on time and take care of the unit.
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5 December 2024 | 25 replies
.” – Tom Brokaw Great quote and response.