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Author Topic: New Section 8 Landlord recieving suggestions!!  (Read 4971 times)

Offline #1investor

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New Section 8 Landlord recieving suggestions!!
« on: January 17, 2007, 04:56:43 pm »
Hello my friends on reiclub.  I am about to purchase properties here in Raleigh, NC for section 8.  It is a great market here for sec 8, actually a 5 year waiting list.  What things should I look out for in section 8 tenants and as a landlord?

Offline propertymanager

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Re:New Section 8 Landlord recieving suggestions!!
« Reply #1 on: January 17, 2007, 05:07:59 pm »
derlamtay,

The number one thing that you should look for in any rental property is proper cash flow.  Do a thorough cash flow analysis using real world expense numbers before buying ANY rental property.

Section 8 tenants are exactly like any other tenants.  They have the same issues and problems.  They are no better or worse.  

Get the checklist of things that the Section 8 inspector looks at.  Then, make sure that your property is in the proper condition before the inspector arrives.  That minimizes delays in getting new tenants in your units.

Good Luck,

Mike

www.1MinuteToRentalPropertyRichs.com 
This No-Hype, No-Nonsense Book is a step by step course in making money and building wealth with rental properties!  Everything from buying properties at a discount to dealing with terrible tenants.  Now In Paperback!

 




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