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All Forum Posts by: Account Closed

Account Closed has started 3 posts and replied 8 times.

Post: Is Section 8 Worth It?

Account ClosedPosted
  • Posts 8
  • Votes 0

@Brian Garlington lay off the bottle big guy you’re getting a little wild here

Post: Is Section 8 Worth It?

Account ClosedPosted
  • Posts 8
  • Votes 0

@Brian Garlington hey buddy clearly you didn’t see I acknowledged the difference. I’m here to learn so maybe next time you should offer advise before being a punk.

Post: Is Section 8 Worth It?

Account ClosedPosted
  • Posts 8
  • Votes 0

@Scott M. That’s an interesting difference I never took into consideration. Thank you.

Post: Is Section 8 Worth It?

Account ClosedPosted
  • Posts 8
  • Votes 0

I know slum lording can be very lucrative but is it actually worth it? My boss is considering buying apartments and turning them into Sec 8 housing and I've been left with task of deciding if it is actually a good idea or not. I've done all the research for the county we will be doing it in but I want to hear other thoughts and opinions before making a final decision.

Thank you.

Post: Best Investment in Las Vegas?

Account ClosedPosted
  • Posts 8
  • Votes 0

Hey everyone, 

I'm just curious to know what you think the best real estate investment in Las Vegas is and why? Is it single family homes? Multifamily apartments? Industrial? etc.

Thank you!

Post: Why is HUD FMR higher than real FMR?

Account ClosedPosted
  • Posts 8
  • Votes 0

Interesting stuff. Thank you guys. @Louie Gabriel @Vaughn K Covington

Post: Why is HUD FMR higher than real FMR?

Account ClosedPosted
  • Posts 8
  • Votes 0

San Mateo County, Menlo Park specifically. Current market rent is around $1900 however HUD FMR is $2900.

@Patti Robertson

Post: Why is HUD FMR higher than real FMR?

Account ClosedPosted
  • Posts 8
  • Votes 0

Is there a reason that the HUD FMR for section 8 housing is so much higher than actual FMR? My boss owns properties in the Bay Area and is interested in buying an apartment complex and turning it into Sec 8. We found that rents are $1000 higher than rents we are already getting for 1 unit apartments and see this as a great opportunity. We are already aware of the problems that may arise with Sec 8 tenants but why does is it seem like it is so incentivized? Is there a catch?

Thank you.