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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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29 January 2025 | 3 replies
Any info/insight on this would be appreciated :)
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19 February 2025 | 29 replies
It's tough to give a definitive answer without knowing your specific investment goals (cash flow, appreciation, etc.) and preferred strategies (BRRRR, wholesaling, etc.).However, since I'm a Cleveland native and active in the real estate market here, I can offer some insights on why Cleveland could be a good fit:Affordability: Compared to many other major metros, Cleveland offers a relatively low barrier to entry.
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27 January 2025 | 6 replies
Thank you so much for the advice and insight!
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28 January 2025 | 1 reply
Hey @Keagan Scott, so I don't have any insight into Gary, IN but here is a blurb -"Those looking to rent out their properties for less than 30 days (about 4 and a half weeks) will have to get a permit, pay a one-time $150 fee, and have a city business license.
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27 January 2025 | 8 replies
I don't want to violate any of the self-promotion rules on this thread by specifically linking or name-dropping, but it's from a data analytics platform I am working on specifically built for tracking construction, debt, and ownership activity in the Philadelphia region.I will be posting more detailed insights soon.
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2 February 2025 | 6 replies
Let me know if you’d like insights on specific neighborhoods, market data, or connections to local property managers and lenders—I’d be happy to help!
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5 February 2025 | 5 replies
I am a lifelong San Diegan, and an avid investor.Everyone here has had some great insight.
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3 February 2025 | 5 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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6 February 2025 | 10 replies
Whether it's connecting with experienced agents, joining local real estate groups, or surrounding yourself with people who are willing to share their insights.