I have multiple properties in the Tri-Cities.

So today I was talking to my mentor and we were considering different real estate strategies to expand my horizons.He mentioned mixed-use properties, which I honestly have never considered as an investment.

Great property, going strong today.Decided to build again (small 1 bedroom). 

We also chose the wrong property management company who promised they could turn SECT 8 units easily.

I am in PA and my properties are owned by my LLC and I handle my own evictions.

Purchase price: $122,000 Cash invested: $31,000 *UK HOUSE* Purchased a 3 Bd 2 Bth Town House / Semi Detached from sellers who inherited the property, worked a very good purchase price.

@Stepan Fedetskiy section 8 can be good option if you have a good PM who maintains the property in good shape all the time as per the needed standards. best part is govt pays a portion of the rents so you dont have to chase tenants, downside the upkeep of the unit will eat up appx 20%. so its little tricky..sounds good on paper but when you go through one you will get an idea. i had 4-5 section 8's , 3 of them had no issues, but 1 of them had lot of issues and ate up all the profits.  

What year did you purchase this property?

Born and raised in BC but thinking of investing out of province for my first investment rental property.

Purchase price: $122,000 Cash invested: $31,000 *UK HOUSE* Purchased a 3 Bed 2 Bathroom Town House Style House in the UK from sellers who inherited the property, worked a very good purchase price in terms of value.