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19 February 2025 | 32 replies
Some general pros v cons - I'm sure other people will provide other insights as wellPros: -Above market rents- Monthly rent payment on time that you don't have to worry about or chase anyone down for (if full pay)- No shortage of tenants depending on your standards - Tenants are incentivized to not trash/destroy the unit, otherwise they'll lose their voucher (Yearly inspections made by local S8 inspectors to keep everyone honest- Rental payouts are normally adjusted 1-2 times a year to keep up with market rentsCons:- May take a little while to get onboarded - dealing with local govt can always take longer than expected - Generally won't have a super high credit score (to be expected given it's the govt paying for rent)- Each unit will need to be inspected and meet a certain living standard in order to be approved for fundingYou'll want to make sure you work with a property manager who has extensive experience in working with S8.
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6 February 2025 | 5 replies
Hello everyone, Quick question, I currently live in California and have my entity set up in California to do deals in state.
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7 February 2025 | 25 replies
Quote from @Sarah Johnson: "Beware of Peter Harris Program: My $10K Scam Experience"Hi everyone,My name is Sarah, and I’m a single mother of two.
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3 February 2025 | 8 replies
I have referred my CPA to several others and everyone has had a positive experience.
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7 February 2025 | 13 replies
Hi everyone,I am looking to tap into some equity that we have in an investment property we own in California.It used to be our primary but is now a rental.
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24 February 2025 | 8 replies
Good afternoon everyone, I hope all is well.
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18 February 2025 | 12 replies
Thanks for the advice everyone!
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12 February 2025 | 6 replies
Hi everyone,I am an out of town Michigan alum that's contemplating buying a SFR/Duplex as an real estate investment in Ann Arbor, preferably close to central campus and/or close to one of the University bus stops.
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17 February 2025 | 9 replies
Borrowers like that.Since money is the lifeblood of all house flips, I consider this a win-win for everyone.
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14 February 2025 | 9 replies
Everyone want a piece of the pie.Joe Gore