I just purchased a townhome with a section 8 tenant in place. The housing authority pays $535 and she pays $190 for a total payment of $725. Prior to purchase, I reviewed the lease and all receipts. She has been on-ti...
Good Evening!I just closed on my first investment property. I purchased an REO. There is currently a tenant that is section 8. I met the tenant last night at the property. She is currently on a month to month lease. ...
"The WealthLoop Series Beginner's Guide to Building Wealth Buying Houses: The Foolproof Roadmap to Real Estate Riches Without the Risks and Hassles of Landlording"
I like this book alot.
The general overview was a b...
When calling tenant’s current landlord they are refusing to give info because of tenant’s privacy. This is a property managed by a large management company and this is their policy. They’ve said payment history can be...
I was told by a colleague that HUD will increase your rent by 5% each year if you make a request for the increase. Has anyone gone through this process if so what is it I need to do to get this 5% increase? Thanks in ...
A Section 8 tenant in a SFH says she's seen mice activity for several months. The lease states that the tenant is responsible for the cost of pest control. Nevertheless, I put bait and bait stations in and around the ...
Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
I have seen threads about the section 8 bible series,and it appears BPers only like the first book out of the series.
Now they are back with a new book, Section 8 Secret, which is various ways he has found pe...
So today I decided to take a HELOC out on a rental property that is out of state. I called BofA and the lady said no HELOCs on investment properties. No way I thought and asked to speak to someone else. After much ...
Hey BP,
I have a question that I was hoping someone can shed some light on how to approach the Director of The Housing Authority. What questions would you ask as a newer investor working primarily a...