Section 8 can be very profitable if done the right way, at scale, by an experienced operator, but I think it's one of the hardest strategies to start doing because of tenancies and government involvement.Most new people just think it's an easy government check and there is nothing that could be further from the truth.

Stay hyperlocal and get a good team in place locally so you can recognize good people when you find them. 

It is my understanding that people refinance and then use those funds other ways (personal living, investing, some to buy another property) as a means to minimize tax obligation. 

My dad used to manage other people's properties but eventually quit because the money wasn't worth it and he always ended up prioritizing their properties so as not to get any hassle from them.Another way to approach this might be to go all in on one project yourself and see how far that money gets you. 

Hello People.

The credit committee is usually made up of local people who are familiar with the market they are in.

Strategies that use hope, is how people get burned, bad. 

I want to connect with people that already have some Airbnb investing experience to ask a few questions.  

Get knowledge, follow experienced people, and leverage wisely.My Take:If you have two houses, excellent credit, and motivation to build wealth, you can learn to manage your money responsibly.Use HELOC, credit cards, and business credit funding to leverage your cash and buy properties faster.

We are very grateful for the clients we have, and the people we've gotten to work with.