Section 8 hedge against recession or STR
I have around $100k and a VA loan to invest after selling my house. I am considering rehabilitating cheap properties including mobile homes and renting them as section 8. I think it would be a reliable income through a recession.
I am also considering investing in STRs in the Smokey mountains. STRs produce more income, but during a serious recession vacations will be some of the first sacrifices people make.
I will probably do both. If you have any experience or ideas I would appreciate your input.
Most Popular Reply
- Realtor
- Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
- 2,392
- Votes |
- 2,350
- Posts
@Ty Cover Half my rentals have Section 8, Half don't....guess which ones do NOT ever keep me up at night regarding miscellaneous "mess". Section 8. Guaranteed money, the tenants take care of the property, I get a free inspection each year from The Housing Authority and the tenants know if they "mess up" too badly they can lose their voucher.