I don’t trip on the income of my section 8 tenants because the housing authority will pay anywhere between 70 percent to 100 percent of the rent and deposit it directly into your bank account.

The Quitclaim Deed does not provide the new owner(you) with any guarantees or warranties that the seller owns the property or has authority to sell the property.

@Jibu VergisService of the complaint must be made in accordance with Phila Municipal Court Rules of Civil Procedure, Rule: 111 which states service must be made by authorized writ server.

@Shahaf Benita- Welcome to BP and US RE investing.Did the bank indicate they would be prepared to authorize you a loan at all ?

They are off-market and I'm talking to the seller now about buying them for 60k each.  3512 already has a voucher tenant in place who pays $0 (the housing authority pays $1200).  3514 is vacant and rent ready.  

Most landlords are fearful of dealing with this issue due to the housing authority police.

The organization has been good with keeping up with its requirements as stated by S8, such as maintenance and cleanliness of the property, but the last few months, we’ve been discussing expanding our community efforts, so the necessity to take possession isn’t against S8 or The NYC Housing Authority, it’s just that we need the space.

@Keith VincentIn NYC, all tax liens are sold to just 1 authorized party.

Any perdon using a property to conduct illicit drug activity can cause the owner to lose that property to authority actions, meaning a police enforcement and court action.

Following the reading of invest in debt, the author is a big proponent for borrowing long and lending short.