Hello everyone. I am looking for information on the Section 8 / low income market in Jacksonville, Florida as the title suggests. I am seeking rental properties that will return a high cash flow. I already understand these will be more of hands on properties and much more work than higher value properties.
Flipper/Rehabber · Jacksonville, FL · Member since 2018 · 56 posts · 38 votes
5y
Feel free to shoot me a message! I work on houses here in the troubled parts every day of the week and can shoot you the areas you want to look at and ones you don't. I'm thinking of getting more into section 8 investing as well and handle the construction myself.
Rental Property Investor · Saint Louis, MO · Member since 2018 · 228 posts · 279 votes
5y
@Neal Matthews, I'm not in the area you're in but I only do Section 8 in my market and I love it. I've found that if you provide a good quality unit, you can attract great tenants (screen meticulously) and they're not any more work than market tenants (possibly even less because I'm not chasing rent and my tenants are easy to work with).
Contractor · San Francisco, CA · Member since 2017 · 2 posts · 0 votes
5y
@Austin M Margarida I'd be interested in getting your take on locations. I'm looking to start investing in Jacksonville. I grew up in Florida and I've got family in Jacksonville, I'll be there in late December.