Landlords in Section 8 housing build leverage by maintaining a strong reputation with the housing authority. Property managers must handle inspections carefully, installing 20-year combination carbon-monoxide and smoke alarms in each room, a $200 investment that beats replacing cheaper units frequently.
The better of a reputation you can build, the more tenants you're going to get and the better your rates are going to be at the Housing authority. And the more negotiation power you have when you provide a shit ton of housing to the community. Guess what? When they're negotiating rent with you, they ain't going to haggle you down to the penny. You're supporting an entire section 8 economy. Does that make sense?
And the negotiations are with the property manager if you're not self managing. Right?
Correct. Your property manager should have some sort of relationship with the housing authority if they're going to be your property manager. That's how we handle the Section 8 inspection. I passed the first time. Every single time. I've never failed. A lot of things people do forget is the carbon monox side and smoke alarms. Just get the ones that are combination. 20 years, plop that on the ceiling in every room. Then you never have to buy it again for 20 years. It costs like 200 bucks. Because most of these houses are living room, bedroom, bedroom, bedroom. That's like. And they're like 30 bucks a pop.
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
