Chicago Section 8 Analysis
3 Replies
Tony Angelos
Real Estate Agent from Chicago
posted 15 days ago
When analyzing Section 8 MFH in Chicago, how are you underwriting for Vacancy, Maintenance and CapEX as well as other misc expenses?
John Warren
Real Estate Agent from Riverside, IL
replied 14 days ago
@Tony Angelos you should connect with @Mark Ainley on this. I would think maintenance and CapEx could be a pinch higher, but all of my units are market rate so I am not sure.
Mark Ainley
Property Manager from Roselle, IL (Chicago Suburb)
replied 14 days ago
@Tony Angelos Happy to jump on a call with you anytime to discuss!
Tony Angelos
Real Estate Agent from Chicago
replied 14 days ago
@Mark Ainley texting you now! @John Warren I suspected as much, but wasn't sure just how high to account for.