Quote:
Originally Posted by marketsmart
me too.. i have really cut back on monthly expenses.
i met a guy today at lunch that told me how well he was doing with rental properties and i was like WTF.. he then told me he only does section 8 housing and again I was like WTF.. i have only heard nightmares about that...
he told me that he has a relationship with the housing authority and they tell him who he should rent to and who he should not rent to. they keep records on all the people in the system..
he has over 30 houses and not one has been trashed yet..
anyway, i mention this because there is always opportunity in any economy as long as you have a little cash to invest..
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Yep I have heard the same on Section 8. 'Some' landlords love it because they are paid like clockwork from the state. I guess the upkeep part becomes a numbers game, but they get some kinda 'head's up' or list like you had mentioned.
There is ALWAYS opportunity. Just some have more return, and some require more work.