Sect. 8 in Cahokia, IL

Sect. 8 in Cahokia, IL

Marvin MengPro Member
Investor · Edwardsville, IL · Member since 2014 · 142 posts · 54 votes

Hi BP!

I've been investing in SFRs and small (4-2 fam) multis in Edwardsville and Glen Carbon, IL. I've found the overhead to be quite high around here and am considering doing Sect. 8 SFRs in Cahokia, IL and the surrounding area. Do any of you have any experience with this market and if so, do you know what rents Sect. 8 will support for a typical 3/2 or 3/1? Same question for 1 and 2 BR apartments.

Thank you!

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  • Contractor · Wake Forest, NC · Member since 2019 · 138 posts · 132 votes
    6y

    Look up HUD housing fair market rents, then put your location. Best way is to go to your local section 8 housing and do their free landlord class.

  • Investor · SC NC, VA · Member since 2020 · 1k+ posts · 756 votes
    6y

    Original link didnt work correctly - Go to -: 

    https://www.huduser.gov/portal/datasets/fmr.html

    Choose "Click here for FY2020 FMR's

    Drill down by state and county (St Claire)

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