Dana Kennedy
Housing Choice Voucher (section 8 housing)
25 June 2024 | 2 replies
Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.
Anthony Tenai
Hello BiggerPockets! New PRO here
25 June 2024 | 1 reply
I am passionate about real estate investing and I am particularly passionate about commercial, small multifamily, single family houses, apartments, notes, condos, mobile home parks, self storage, wholesaling, development, short-term rentals, flipping, rentals, BRRRR, and house hacking.Outside of real estate, I enjoy helping fix the financial goals towards retirement, help people looking for health Insurance, Life Insurance and annuities.
Matt Hubert
Advice on Using Equity
26 June 2024 | 4 replies
The property is a farm that has been in the family for about 80 years and is currently held by a family member of deteriorating health.
Shane Vince
Citrona homes Multifamily Johnson pa
27 June 2024 | 41 replies
I have been conversing with a broker from Citrona homes too. The
Daniel Ben-Hur
Buying a home every 2 years, renting the previous home out, and repeating, good idea?
26 June 2024 | 32 replies
Also if you're thinking about having a family, be cognizant of the health of it to keep moving for strategy versus peace of mind.
Geoffrey Paugam
Out of state Investing
25 June 2024 | 51 replies
Investing in Ohio, specifically Cleveland, is a great idea in my opinion.Recently, we have been breaking grounds on large development plans such as the Cleveland Cavalier's Perfomance Center, Blue Abyss aerospace training facility, Sherwin Williams HQ, and not to mention the multi million dollar Metro Health development that was completed recently that has just started adding rapid appreciation in the Clark-Fulton area.These projects will only increase demand and most are in the beginning phases.
Frank Greg
GC: Average Total Labor Cost on New Build
27 June 2024 | 62 replies
Owner needs to pick them up in his truck every day, pray that there are no parts to return needed and unavailable, watch for the health and safety of every grain of sand, serve food, motivate, problem solve and never cry.
John Wallace
Current DSCR rates? Who's got the best program?
24 June 2024 | 8 replies
A monthly survey conducted by the University of Michigan that measures consumer sentiment and inflation expectations has affected yields and offered a data point for predicting Federal Reserve actions.Purchasing Managers Index (PMI)Another factor starting to gain steam in terms of affecting mortgage rates are various regional Purchasing Managers Index reports, which offer a glimpse into the health of the economy.
Aaron Dubois
Trying to replace my mom's income with short term rental income.
26 June 2024 | 33 replies
Call with the pitch that you're local, started this business due to your mom's health, and that you'll outperform and out-service a multinational company that is likely taking your calls/messages in a Vietnam call center.
Luis Guerra
The 25% property management fee was killing my STR profits
23 June 2024 | 29 replies
I remember thinking "I do this for myself and it's not that bad, how hard can it be to do it for a few other people too?". The