Start to build a Section 8 portfolio
Hi,
A while back, I met a person who recommended an online course on how to be successful with Section 8 investing. I cannot find that resource. Does anyone know any good online resources for starting with Section 8? I've seen some books on Amazon that look interesting.
Thank you,
Eric Michiels
Most Popular Reply
@Eric Michiels there have been several "section 8 gurus" that have come and gone over the years. Its pretty localized to do well honestly your efforts are probably better sent finding a manager in the market you want to invest in that handles section 8. But we just had a notice go out in columbus that the CMHA payments are delayed due to federal funding delays. Not a huge deal if you have 1 or 2 section 8 properties, but if all the sudden your entire portfolio is "late"...perhaps not as secure as it's always cracked up to be.
I've placed a couple section 8 tenants over the years here in this market, and the process is cumbersome, and i can only imagine it changes depending on the market you are in.
- Michael K Gallagher
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