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4 October 2021 | 9 replies
If you take the time to gain clarity on those items, you should get a pretty good handle on what your experience is going to be like.The purpose of investing passively is to leverage the sponsor's time, expertise, and ability to source great deals, but if the experience is going to cause you to lose sleep at night, any return you might make simply will not be worth it.All the best,Jack
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24 September 2021 | 15 replies
The timeline I set forth (“by the end of the year”) is an internal goal that we are using to motivate our team to go out and source deals, as opposed to getting stuck in analysis paralysis.
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16 September 2021 | 4 replies
@Antonio Daniels 1-there are no different standards for screening...what you will find is that they will likely not meet your earning requirements (like 3x rent)...so you have to make exceptions...they also have very colorful backgrounds for the most part...after screening hundreds of section 8 tenants, definite patterns will appear...if you have a credit score requirement, odds are they will not meet there either (but there are fantastic voucher tenants out there as well...I've rented to nurses and other professionals with a voucher do to having a disabled child that needs a lot of services)...the one thing to be aware of is not treating them differently because they have voucher...2-The inspection depends on local authority, but the standards are the same...this is a federal program...so Housing Quality Standards (HQS) is the guiding document...how an inspector interprets that is another story...https://www.hud.gov/sites/dfil...3-Usually you will only have recertification annually, or possibly at an income change or a request or complaint...4-100%, it's one of the best sources of long-term steady income out there...I'll take a section 8 tenant over a white collar A-class tenant any day...plus you are helping to house the most vulnerable and underserved population out there.The bad things you hear about section 8 are from folks that do not understand the system and how it works, or want to be slumlords and not take care of their properties...or are ill prepared to deal with people in general.
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15 September 2021 | 0 replies
This deal was sourced through New Western Acquisitions and was sold on a first come first serve basis.
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15 September 2021 | 2 replies
Over the past year or so, we have been using GoSection8.com (now AffordableHousing.com) as a source for estimating rental values for units that we were opening to subsidized housing customers.
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1 October 2021 | 1 reply
Looking for a source would like to use the equity in my Commerical property to fund new investments.
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15 September 2021 | 1 reply
You either source deals nationally and when one looks good then you research the market to see if you want to own there or you research markets and choose the ones you like and farm those markets.
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25 September 2021 | 7 replies
(according to some sources).I've lived with family and have $20k saved specifically for a house, that I hopefully won't have to put much work into.I have a real estate agent who does some investing and is sending me homes.And I've got pre-approved for a loan of about $350kI'm mainly looking for some other investors in the area, and what they've done.
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16 September 2021 | 10 replies
Then they offer me some food.
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17 September 2021 | 2 replies
cityprotect is a good free source for crime data!