Hi BP Community! Had a couple questions related to a four unit multifamily in Kingman Park (all two beds, 1 Bath) that I’m closing on in December ‘22. It’s walking distance to many things including a metro (Stadium Ar...
How do you determine income qualifications for Section 8 tenants? Is it different from tenants who aren't on Section 8? Does 3x rent still qualify considering their income is obviously low considering they are receiv...
Hi BP,I am looking at a duplex in Baltimore city that i'd like to run some numbers on assuming section 8 rentals. The top half of the duplex is a 4 bedroom / 1 full bath and the bottom is also 4 bedroom / 1 full bath....
I'm looking at a multi family property that is currently classified under section 42 rules and will be for at least another 20 years - rent is locked in at low income rates and this won't be changing anytime soon. Th...
Hi, I purchased a building that was contracted under the HUD Moderate Rehabilitation Program (Mod Rehab) - this program no longer exists but the property was grandfathered in. We will not be renewing the HUD contract ...
I have a multi-family under contract where long-term tenants are paying about 50% of Section 8 Fair Market Rents. Rents haven't been raised in years. Over time, I can raise rents gradually to minimize hardship and v...
Hello BP fam!!Hope everyone is having an excellent day/week/month/year!Today I want to talk about how to calculate how much monthly income you'll get if you rent to section 8 tenants with vouchers. So many rental mark...
Ugh. This property is cursed. Married couple. Voucher is in husband's name. They had some kind of dispute. Husband went to jail for a few days and now wife has a restraining order against him or something so he isn't ...
Can you rent out a room in your home via Section 8? Also, I noticed Section 8 restricts from renting to family members. Are there work arounds for this? My wife’s grandmother is moving in and qualifies for Section 8. ...
I have an existing tenant (inherited) that utilizes the Section 8 program, and I have had a great experience to date with the program/tenant/housing authority. I currently have a vacant 3 bedroom house I am looking to...