Download PDF Section 8 Bible Volume 1: How to Invest in Low-Income Housing By Michael McLean

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Section 8 Bible Volume 1: How to Invest in Low-Income Housing-Michael McLean

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Ebook About
Renting to Section 8 tenants takes major balls. But, if you do it right, owning your own business renting out Section 8 apartments will pour income from the government straight into your bank account.This book will tell you:-How to buy houses with cash, even if you don’t have any-Ways to quickly and cheaply turn a dump into rental income-The one and only thing I do to screen my tenants-Low-cost home renovations that you never need to repeat-How to cover your ass and ASSets, legally and physicallyThis is a true, unfiltered story of our accomplishments, failures, and experiences as Section 8 landlords. You’re going to understand every point we make. No sugar coatings or big fancy words.We started out with only $34,000 and ended up renting out over 300 homes to Section 8 tenants in Philadelphia. I currently own about 200 rentals and 2 other businesses.If you are thinking about throwing your hat into the low-income housing ring, you have purchased the right book. When you put this book down, you’re going to have a pretty good idea of if you want to become a Section 8 landlord. It’s now up to you to choose what you want to do with it!

Book Section 8 Bible Volume 1: How to Invest in Low-Income Housing Review :



If you are thinking of being a landlord (whether or not it's Section 8) you need this book. Great advice from a man who's been in the trenches, full of money saving tips and tricks. More important than the concrete information is the attitude - this book teaches you to look out for your business. Most tenants are good people, but if you're a soft touch they WILL walk all over you. Make sure they don't confuse you with a welcome mat; this book keeps you on track. Be in the business of providing decent housing AND getting paid...
This book is an absolutely no holds barred guide for preparing a current/future Section 8 Landlord for difficult situations and tenants. The authors own over 300 rental properties and prefer to remove anything and absolutely everything not strictly required for passing a property inspection. This means ripping out things like screen doors, washing machine hookups, dishwashers, etc. Following their method, you end up with a relatively spartan property that easily passes inspection. They're a bit light on the empathy side, but overall, this is still excellent business advice. The writer is also really funny and some of the anecdotal stories are great. Definitely worth the money!The only reason I'm giving it 4 stars is the Diversified Real Estate Investor Group papers (written by James M. Bennett) in Chapter 18 are incredibly difficult to read on a kindle (see the picture). Otherwise, this is a 5 star book full of excellent advice.

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