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26 July 2021 | 5 replies
Her voucher is still frozen (at least it better be as she owes me money and The Housing Authority is aware of this).So to say Section 8 is guaranteed money and Section 8 tenants are afraid of losing their vouchers may be true in a lot of cases, but certainly not all.Though my biggest annoyance was with the Section 8 Housing Authority; they were inept.
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28 July 2021 | 1 reply
Hi,I’m looking for a property manager or property management company that specializes in finding and managing Housing Voucher tenants.
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5 August 2021 | 15 replies
Corporations only rent to "poorly qualified" applicants if they are on housing vouchers or subsidized housing.
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20 August 2021 | 7 replies
You need to find a tenant before you start the inspection process, and your tenant must be pre-approved by the housing authority in which they would have received a voucher.
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23 September 2021 | 19 replies
If for example the voucher payment for a 1 bedroom is $1765, does that mean if your unit meets the housing authority requirements they'll pay a portion of the $1765 with tenant paying the rest?
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31 August 2021 | 2 replies
Here are some quick numbers:Reverse mortgage balance: $122,000Agreed sale price: $150,000Monthly Rent $1650Pennsylvania Housing Assistance Voucher is currently paying $1,780 a month for a 3 bedroom in this city.
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13 August 2022 | 3 replies
The one downside is that population loss is a warning sign...if you are a long-term investor you could lose tens of thousands in appreciation...but you still have debt paydown and equity build...and once that 6-unit is paid off and fully occupied the number will be dreamy.I think the more important question is the strength of your team...mainly your property manager.One thing you should consider is working with housing choice voucher tenants...my city is 80,000 units short of demand right now...this trend is growing across the country quickly....a waitlist for tenants paying market rents can be a very good thing in a declining city
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9 September 2021 | 17 replies
Section 8 voucher for a 4 bedroom in my area is $1041/mo.
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14 September 2021 | 6 replies
Your rent is in your account the 1st of each month, Section 8 inspects the house yearly, and tenants don't want to do anything that would cause them to lose their voucher.
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14 September 2021 | 5 replies
Stick to fundamental buy-and-hold real estate...noting glamorous or fancy...If you have safe, clean, and appropriately priced units...focus on C-class value add, and maybe consider working with the local housing authority to accept housing choice vouchers, you will have long-term occupancy, debt paydown, and equity build for life.Investing is relative, and I doubt your main motivation to invest in RE is to contribute to the list of "25 fastest growing cities in the US"Best of luck