All Forum Posts by: Josh Dane

@JaNae Anderson Not in the Bay Area but I do invest heavily out of state. Feel free to reach out to me directly ✌️

@John Williams Keep looking for more agents that specialize in those neighborhoods. You will find a decent one who can help eventually.. I have personally had to go through several..

@Phillip Massey I think it depends on your situation and market to a certain extent. I do like SFR as my target tenant is fairly picky and is more sticky when they have their own “home”. Also, the tenants are responsible for yard maintenance with SFR vs MF..

I would only ever suggest someone getting into section 8 rentals if they are committed to learning the process and in's/out's of these rentals. They are a particular niche of RE that will likely require a slightly different strategy.

I would not typically suggest doing Section 8 for 1 bedroom units, but your mileage may vary..

I would only do section 8 rentals in certain markets.. Dallas would not be one of them personally.. find markets where the section 8 rent is significantly above "market rates".

@levant bracey - I don't see why not..

Lots of red tape and headaches. However, cap rate on properties make up for it. Not sure what rents you get in New York, but should definitely be higher than 2% rule for it to be worth it for me.

I think the only restriction on this would be your ability to actually execute the lease. You most likely need a broker's license for this.

Look at buying with a low down-payment program (FHA, or conventional). You can even buy a multi-family residential property with a 3.5%-5% down using FHA. Live in one, airbnb one of the rooms in your unit, and rent out to long-term tenants for other units..