Bienes Raices
"Never, ever do Section 8"
I have a friend who was a successful landlord for many years. When I mentioned Section 8 to him he advised me never to get involved with it, that it was only for experts who know how to handle it. He said the Section ...
Russell Buxton
Bernie Saunders as President? - Impact on housing market?
What are people's thoughts on the impact of a Sanders's Presidency on the housing market? Also, where might there be opportunities? (Excuse typo in his name)
From his website:End the housing crisis by investing $2.5 ...
Gordon Way
Liquidity Requirements for Commercial Loan
I have a 58-unit building under contract @ $2.5M. The bank I was planning on working with was offering 5yr fixed @ 5.0%, 25yr am and 75% LTV. First two years are interest only as we move off of a HUD contract and into...
Jennifer D.
Section 8 - tenant screening
Hi,
I’m new to all of this, just started listening to podcasts/YouTube this month. I understand there’s a type of bias clause when searching for tenants, such as you’re not allowed to reject one tenant over the other ...
Jomar Edwin Benoit
Is Section 8 a sustainable business during a pandemic??
In light of the pandemic, what are your thoughts on the sustainability of the Section 8 Business on the south side? I have realized it is quite difficult to get in contact with the CHA or HACC at this time. Any advice...
Adam Blachnio
Would U Buy Turnkey Homeless Multiunits?
What are the pros and cons of buying Multiunit property, dedicated only for homeless ppl, who pays by vouchers from city for living there and property generates juicy income...
Cindy Schneider
First time landlord doing the first tenant turnover
I am currently house hacking a duplex and when I purchased it last November the renters on the other side stayed and now they are leaving the end of July. I plan to do a minor remodel on that side and have the unit av...
John Woodrich
Section 8 Voucher Program
Now that the city of Minneapolis has passed the ordinance prohibiting landlords from rejecting applicants on Section 8, do you think this will have much, if any, impact?It seems like landlords can easily get around th...
Account Closed
Section 8 hedge against recession or STR
I have around $100k and a VA loan to invest after selling my house. I am considering rehabilitating cheap properties including mobile homes and renting them as section 8. I think it would be a reliable income through ...
Garison Clemens
Purchasing a 200 unit complex
Would you guys ever consider buying a 200 unit apartment complex, that’s section 8 as well as it only having 1 bedroom floor plans?