How To Become A Section 8 Real Estate Investor
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- Опубліковано 22 лип 2024
- Looking for advice on how to become a Section 8 real estate investor? In this video, I'll share step by step how you can make this happen and list down some of the advantages and disadvantages that you might want to consider before applying!
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00:00 Introduction
00:59 Benefits Of Being A Section 8 Real Estate Investor
01:20 Importance Of Doing Your Research About Section 8
01:59 How The Section 8 Voucher Program Works
02:32 How The Section 8 Project-Based Program Works
03:41 How To Apply For The Section 8 Voucher Program
04:52 How To Start Receiving Section 8 Tenants
05:45 How You Can Get Guaranteed Rent With Section 8
06:48 How You Can Reduce Vacancies With Section 8
07:46 How Section 8 Investing Lowers Capital Expenditures
08:26 Disadvantages Of Section 8 Investing
09:59 How Section 8 Limits Rent Increases
10:56 How Section 8 Lacks Security Deposits
11:46 How Section 8 Often Leads To More Tenants Damages
12:49 How Section 8 Makes Eviction More Difficult
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Nate Woodbury - UA-cam Producer
/ natewoodbury
#RealEstate
#RealEstateInvesting
#section8realestate
#realestateinvestor
I love the information given in this video! Can’t wait to follow your steps !
Dang right!! I had problems in the past!
Thanks for sharing this amazing information !!!!
You're welcome! 😃
Thank you for the insight. I was considering renting Section 8 properties
Glad you like it! Thank you for watching!
Thank you 🥰
You're Welcome!😃
No security deposits … but don’t they cut u a check to fix the property when they move out, especially if you’re taking another S8 tenant ?
Great question! While it's true that Section 8 tenants typically do not provide security deposits, landlords can request reimbursement for damages when a tenant moves out, particularly if you continue to rent to Section 8 tenants. The Housing Authority may cover repair costs if proper documentation and proof of damage are provided. This can help mitigate the financial impact of any necessary repairs.
Best market is UK Assisted living... No approval, no cost to refurb, gov places tenants and guaranteed rent for 25yrs from the government. 10% net growth....
FYI - by law you are only legally aloud to charge 1.5% of rent for security deposit.
❤❤❤❤❤❤
Never Rent to Section 8!!!!!!!
Do you have an experience you want to share?
@@Baumender bad advice !!! There’s a lot of working single moms, elderly that are great tenants .. they stay and won’t damage the property cause they need their benefits !!! U just have to do your homework instead of being greedy before they sign that lease.