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26 July 2021 | 5 replies
You've got a good bit of feedback here that covers that gamut of what you generally hear around Section 8.I like it for guaranteed rent, long tenancies, higher rents in some areas, added accountability through the S8 program for the tenant and supply/demand gap which means I can attract great tenants by having nice units.A large number of the issues you hear around Section 8 can be fixed with excellent, thorough and strict screening, including a home visit at their current residence as the last step of your process.
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19 July 2021 | 1 reply
We don’t know anyone in the area, but you might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesAdditionally, don't treat property management like a commodity and just focus on the lowest price!
18 July 2021 | 0 replies
I know of an excellent investment opportunity that I do not know what to do with.
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22 July 2021 | 11 replies
As Nate mentions, you can call around and ask, but I would have a general description of project AND pictures of current condition.Also, know that unless you have materials selected, you will likely only be able to get a bid for labor.
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19 November 2021 | 11 replies
If you’ve got several units you can reasonably expect some to keep collecting rent, assuming you follow basic principles in terms of selecting a market, setting attractive market rates, seeking the best tenants, etc.
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19 July 2021 | 2 replies
My question is that if you don't have any money and see a property that would be a good deal, do you first put in an offer and when selected you go get someone to partner with you for the down payment and loan, or do you create the partnership first before sending in an offer?
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14 August 2021 | 15 replies
Orlando, specifically Lake Nona is an excellent area to look into.
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19 July 2021 | 1 reply
Clean look, simple design, and excellent photography.
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20 July 2021 | 6 replies
The carpet and paint were 5 years old but both in excellent condition.
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4 August 2021 | 24 replies
Select the right tenants and these properties virtually manage themselves after you stabilize them within your first year of ownership.