Ken Chud
Tenant Quality Deterioration
25 September 2024 | 4 replies
According to data from the Housing Authority of Baltimore City, demand for vouchers remains high, and resources are stretched thin.
Barry Ratliff
HOA Organization income after Tornado damage
25 September 2024 | 1 reply
The HOA might encourage swift action, but the authority usually lies with the city.PS: Texas counties have more power over land use regulations than cities in some cases, which can influence how properties in rural areas are managed after a disaste
Hai Le
Starting out Section 8
25 September 2024 | 2 replies
FMR for Section 8 is $1396 in my area for the BR count, I’ve already contacted the housing authority and have my units listed on the section 8 board.
Joshua Telles
Is a notarized lease agreement needed?
23 September 2024 | 6 replies
Typically we get a copy of their license / identification and pull credit etc after they sign a credit authorization form.Typically notarized documents are needed when recording them with a county, but for a contract it’s very rare to have contracts like a lease notarized.
Michael Davis
Need someone to stamp plans ASAP
26 September 2024 | 10 replies
In future, find out the permit requirements from the AHJ (Authority having Jurisdiction).
Allen Moore
Section 8 - Pros & Cons
23 September 2024 | 33 replies
I love it for the guaranteed rent, tenant stability, additional accountability with the housing authority and large demand for Section 8 housing without enough supply.With strong screening, I'm able to find great tenants and Im not owed any rent.Cons you will often hear is that the tenants are harder on your properties (doesnt have to be the case in my experience if you screen really well), the Housing Authority is a pain to deal with (this depends on a couple things - how well run your local PHA is and how good you are at handling process & details) and the extra inspections/red tape make the niche unprofitable (see what I said above about Housing Authorities).Done right, I believe Section 8 is one of the most stable & profitable.
Evan T. Ong
Worries I have (haven't started investing yet)
25 September 2024 | 14 replies
Have them add you as an "authorized user" to their credit card account, then lock it away.
Karolina Powell
First time interested in a larger multi-family - how do I verify financials?
26 September 2024 | 17 replies
They sell it for 4x assessed value, and taxing authority uses your purchase price as new value.
Ryan Phu
Joe McCall Scam? Read This Before You Buy His Programs...
26 September 2024 | 70 replies
They're my best option to build credit under 18 through Authorized Users.
Gene Paniccia
Section 8 Question
23 September 2024 | 12 replies
Some housing authorities don’t pay you market rent.