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10 February 2025 | 9 replies
Depends on which state you're considering.This is just off the top of my head and far from an exhaustive list of considerations.
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27 January 2025 | 6 replies
Taxes depend on the gains from the insurance payout and sale relative to your adjusted basis.
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23 January 2025 | 3 replies
@Annie DriscollSubsequent borrowing by the AITD holder seems to be dependent on the lender.
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22 January 2025 | 2 replies
White Oak color and Walnut color are the two main ones you want to focus on, depending on the rest of the design in the house!
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21 January 2025 | 4 replies
But I’m sure that depending on the area that experience will vary.
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6 February 2025 | 7 replies
It depends on management style I guess.
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25 January 2025 | 7 replies
I think this totally depends on the investor and how many projects they are doing in a given year.
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15 February 2025 | 60 replies
You can't just look at where there ads land in the Google results for your property area. it depends on the big markets that come to you.
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14 February 2025 | 24 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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22 January 2025 | 2 replies
These penalties can vary depending on the loan structure and the lender's terms.