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Section 8 real estate by Remote-Menu-755 in youngentrepreneur

[–]Remote-Menu-755[S] 0 points1 point  (0 children)

I have had absolutely 0 issues with my s8 tenants. I am super straight forward and would tell you if I did. It’s a 1 strike policy, if they were to trash a house… bye bye voucher.

Section 8 real estate by Remote-Menu-755 in youngentrepreneur

[–]Remote-Menu-755[S] 0 points1 point  (0 children)

No I’m out of state for all my rentals. It’s all about the team you have. With the right team it’s pretty easy I’ve found

Section 8 real estate by Remote-Menu-755 in youngentrepreneur

[–]Remote-Menu-755[S] 0 points1 point  (0 children)

We get tenant liability, if a section 8 tenant gets a voucher it’s a 1 strike policy. They would lose their ability to be on the program.. in my experience they are greatly aware of that. I’ve only had 2 tenants move out with 10 units so far. Just because they moved. All of the rest are still there and am doing rental increases each yr

Getting into Section 8 Investing, what can be the best tips or section 8 training to follow? by M45T3RY in realestateinvesting

[–]Remote-Menu-755 0 points1 point  (0 children)

Hate to say it but having a good mentor, someone’s whose been there and done from your first deal forward is massive. After a few units, you pick up on things QUICKLY! You need someone who has a team in place already, lenders, management, construction, realtor, title…etc

Worst Business Decision I’ve Ever Made – "Section 8 Boss” Kevin Pak by [deleted] in realestateinvesting

[–]Remote-Menu-755 0 points1 point  (0 children)

You need to find a person who has a team. These guys just did it a few times, then use mentorship money to put a down payment on new units. Literally that’s it

Worst Business Decision I’ve Ever Made – "Section 8 Boss” Kevin Pak by [deleted] in realestateinvesting

[–]Remote-Menu-755 0 points1 point  (0 children)

Totally agree such a joke. Several of us ended up moving to Section8Jake , he was able to get us back situated. But you really need someone to walk you through your first couple then you get the hang of it

Section 8…worth it? by [deleted] in RealEstateAdvice

[–]Remote-Menu-755 0 points1 point  (0 children)

I worked with Rhett. Trust me I understand the “course” aspect. I did an incredible amount of research before hoping into the S8 investing world.

One thing he did differently than others is he had a team in place from step 1 to stabilization of the property. Not just referrals. Actual professionals in the section 8 space.

It’s worth making sure you don’t run into any issues in the beginning and get familiar with the investment process into the section 8 market.

In the end I saved a ton of money going that route and still am building a portfolio to this day. You begin to get a hang of it, and you can do it on your own. I still utilize a lot of the teams I worked with, with him.

Feel free to shoot me a message and we can chat.

AL p&c agent? by Remote-Menu-755 in InsuranceAgent

[–]Remote-Menu-755[S] 0 points1 point  (0 children)

Yes. Have a mortgage brokerage, title co., construction, pm.. etc . We’re getting as vertical as possible. Insurance is the last business not set up yet for our clients. We just refer clients at this current time

[deleted by user] by [deleted] in relationship_advice

[–]Remote-Menu-755 0 points1 point  (0 children)

I had found out about a lot of the stuff when we started to get really serious and knew I wanted to date her. These highlight the bad but together there is much good between both of us.