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Updated 10 days ago on . Most recent reply

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Preston Taylor
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I am looking for help for my first section 8 property

Preston Taylor
Posted

Good morning/afternoon, 

My business partners and I are looking to leave Airbnb and go into section 8, we loved arbitrage to build some wealth but we would like to start building equity and do something that helps people. We are looking into the Carolinas, Tennessee, Missouri, and Ohio at the moment; doing our best to stay away from natural disasters or other issues that could affect insurance and other subsidiary expenses.

We would love some advice, either by replying to this post or willing to hop on a call. We also were looking into how people go about, insurance, home warranty, property management, inspectors, and small project renovation that goes into a deal like this.

Thank you in advance and I hope you guys have a good day.

Most Popular Reply

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Jimmy Lieu
  • Real Estate Agent
  • Columbus, OH
1,590
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Jimmy Lieu
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Preston Taylor:

Good morning/afternoon, 

My business partners and I are looking to leave Airbnb and go into section 8, we loved arbitrage to build some wealth but we would like to start building equity and do something that helps people. We are looking into the Carolinas, Tennessee, Missouri, and Ohio at the moment; doing our best to stay away from natural disasters or other issues that could affect insurance and other subsidiary expenses.

We would love some advice, either by replying to this post or willing to hop on a call. We also were looking into how people go about, insurance, home warranty, property management, inspectors, and small project renovation that goes into a deal like this.

Thank you in advance and I hope you guys have a good day.

Welcome to BP, Preston! Love the mindset shift you and your partners are making—moving from arbitrage to ownership is a big step, and Section 8 can definitely provide stable cash flow while helping people out. Since Ohio is on your radar, I’d highly recommend checking out Columbus. I moved here from Portland back in 2020 to invest and now own 10+ rentals in the area, including some Section 8. The rental demand here is super strong and Columbus is growing fast—Intel is building a $26B chip plant nearby, plus Amazon, Google, Honda, Anduril, and more are investing heavily here, which means jobs and people needing housing. You can still find properties in the $120-180K range that cash flow well, and the city is pretty landlord-friendly which makes Section 8 easier to navigate. For insurance, it’s straightforward here without crazy premiums since we’re not dealing with the natural disasters you’re trying to avoid. I’d suggest finding a good local property manager familiar with Section 8 because navigating inspections and requirements is much easier with someone experienced. Same goes for reliable inspectors and contractors for light reno work—having a solid local team makes all the difference, especially from out of state. Happy to connect and answer any questions you have!

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Jimmy Lieu, Swiss Realty Group
5.0 stars
76 Reviews
business profile image
Swiss Realty Group
5.0 stars
76 Reviews

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