Does anyone have any experience? If so please reach out with details on what was required, what products/manufacturers/subcontractors were used to meet requirements of the program? Also, looking for reasonably priced ...
I have many sec 8 tenants and this is the first time I have to deal with incompetent HAP from the City of Miami Beach. Tenant moved in October. Due to some internal communication between the case agent and account pay...
Hello BP!Is anyone familiar with the CHAP Tax Credit process in Baltimore, MD? I just got my next project under contract today, and it's located in a Historic District. I pretty much have read all the requirements a...
Hello,I recently submitted an LOI on a low income housing multifamily property which has tax credit obligations through 2017 - the end of the 15 year period. I am in the first round of negotiations and the owner has a...
How do you get started in section 8?
What’s the process?
Who do you speak to in your county/state?
Is there a way to find out how much rent will be subsidized in advance?
Any guidance appreciated
Hi all.
Appreciate your help in answering the following.
Does having CHAP (tax credit) increase the value of the house?
I have the option of getting CHAP, or foregoing CHAP and instead adding a room basement.
...
Hello BP community,
I purchased my first property in September. It's a 3 family home in Brockton MA and the property came with tenants. One of the tenants is a tenant at will and on section 8. The housing department ...
I've been exploring a deal in Cincinnati. It seems to be a great price, 20 units for $18k per unit and its in decent condition. But part way through the due diligence I was informed that they are all apart of the Exce...
I'm under contract on a 24 unit, independent senior housing complex. It currently has a 20 year HAP in place with an annual 1.4% rent increase. It currently has a waiting list and is a 7% cap.
Someone mentioned to m...
3/2/2 in nice neighborhood.
Owner wants to sell fast and move, not keep the property
Owner is only 30 days behind and owes about 135K, including taxes
county appraisal is about 145K or so
comps in area run about 155K ...