Anyone hear or having issues with CMHA not funding section 8 vouchers?

The bigger issue in today’s market is that many real estate deals simply don’t pencil which makes it easy for the lender to simply say no.  

Had a rental property for 5 years with multiple water issues resulting in three claims in three years.

How do yall approach this issue and solve it.

Typically, if any payment issue has occurred, it is resolved the next month if reported to the correct person.

The real issues arise from everything else investors underestimate: increased cap-ex budgets, rising insurance, higher turnover costs & higher vendor pricing.

Well the nicer properties are actually paying more then they would otherwise because they have less maintenance issues, whereas the worse properties are technically paying less because they have more problems. 

If you’re asking for draw funds and the work hasn’t been completed or there’s issues with permits that’s going to be problematic. 

I live and invest in the area, and while I don’t personally have any units third-party managed on the Nebraska side, I’ve heard great things about Kouri Management.I hope you are able to make it work with a new manager, but if you keep having issues please reach out. 

Have you had any issues with the tenants paying on time?