I've had a single family home that I've rented for approx 4 years. First renter was a section 8. She was in for a few years and everything was going nicely until she becomes responsible for part of the rent, about a...
Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
Hello!I'm interested to rent out my property. I was considering section 8, but not sure if that is such a great idea. Friends and family advice me not to do it. But they are not professionals.Any tips, tricks or advic...
Hi there, I'm just starting to get into small multi family. Should I do section 8? Sure, the state does autopay $1200 per month. My concern is what if the tenant trashes the property, I have no recourse. I wouldn't ...
Minneapolis section 8 rents have jumped up recently!
Bedroom Size
1 $1,018
2 $1,142
3 $1,436
4 $1,650
5 $1,994
6 $2,278
7 $2,562
8 $2,846
9 $3,130
Looks like they’re really trying to incentivize people to follow th...
Hey everyone, First post regarding a possible first purchase. I am new to real estate investing and my wife and I have been looking for some rental properties in the Northern Middle Tennessee area. We are currently ...
I am under agreement on a property in which we will inherit a section 8 tenant. She lives in the smaller of 2 units and is interested in moving to the larger one when her lease expires because her voucher has increase...
Hi all, I am new to REI and am very skittish given I live in Washington DC (extremely tenant-friendly). I have heard my share of horror stories including a co-worker who spent 10 months trying to evict a tenant. My hu...
My son has a 3-unit house under agreement with a S. 8 tenant in a 3BR unit. (He will owner-occupy one of the units.) It's in the Dorchester/Roxbury area, I guess we could call it a C+/B- area. The current owner jus...
A recently trending thread started by @Brandon Turner discussed accepting section 8 from an existing tenant but having to accept a reduced rate as a consequence. One of the comments made by Jonathan Cope recommended ...