Cities With Houses Under $100k | Section 8 Investing

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In this video, I give you 5 cities where you can buy decent houses for under $100,000 to rent through the section 8 program.
#section8 #realestateinvesting #realestate

[@TimLeakOfficial]

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[@thaddeus1519]

Straight value add minute by minute. Refreshing breath from other S8 LL videos.

[@TimLeakOfficial]

Thanks

[@JasonBay-RealEstateInvesting]

Excellent video. I have thought about doing this strategy so many times. So far I have been sticking to expensive bay area homes but I could probably get 3 for the price of 1 doing this. Great idea!

[@TimLeakOfficial]

I’m sure those expensive homes you got have been appreciating like crazy. Especially over the past 3 to 4 years. As always, thanks my brother Jay🙏🏾

[@Patsworldbaby]

I’m about to get my house for 100k 3 bed 2 bath 1,400 sqft. Not to bad.

[@francesca.pellegrino]

Not gonna lie, I was expecting to see small name cities like Wilkes-Barre/Scranton, Albany, Harrisburg, Lexington, and Charleston. Surprised to see the bigger cities on the list.

[@smokinpretty1990]

Thank you for all of this information!!

[@TimLeakOfficial]

You’re welcome🙏🏾

[@M_B_Bostons]

I have money and I’m ready to invest

[@tiffanynicoleglobal3163]

Great info Tim! Thanks for sharing. ❤

[@Invest4Cash-Flow]

Yeahhhh Cleveland is my choice

[@spyderj3756]

Great information, my brother!!! 👊🏾

[@Glennpoythr]

I’ve found the city. I haven’t found lenders willing to finance them.

[@royaldreamer88]

Really appreciate your content!

[@libardobarreto7932]

An agent told me (St Louis) Dellwood’s municipality has cracked down on rentals. When I called the municipality they said that they don’t allow renters if there are more than 30% renters on the street, they said my street has 54%. They said if they found out if there was a new rental there would be consequences. Does anyone know how to deal with this?

[@brookeh2017]

We just bought a triplex fixer upper in lackawanna ny near buffalo. 90k. We are gonna try section 8 with this one

[@speezbanger1469]

How’d that go

[@timeismoney756]

Memphis is the best choice

[@jamesharris3109]

Man fam. I love your content brotha. I would love for you to do a live event on KZbin.But appreciate you all the same fam👍🏾

[@savesinnersrecords3715]

WhTs your mindset on property management

[@TimLeakOfficial]

Property management makes it convenient to invest out of state, but I feel like they overcharge.

[@stanmoney8470]

Im investing in Cleveland Ohio as we speak. How do i become a section 8 landlord? Do i apply or my property manager does?

[@TimLeakOfficial]

You have to find a tenant with a voucher and submit the paperwork to the housing authority.

[@s32cashier69]

I remember you saying that you can get a loan to buy a house, even if you have no job, in one of your videos. You were saying that they take higher interest rates and look at the potential of the property not really your salary. What's that loan called?

[@TimLeakOfficial]

DSCR Loan

[@nikitaivanov7415]

Aren’t all of these cities pretty high in crime? What has your experience been investing in “higher crime” areas? Thanks.

[@TimLeakOfficial]

There are certain neighborhoods in every city that are good, and some that are bad. I try to invest in the good ones. For instance, Baltimore has some really good neighborhoods and really bad ones as well.

[@freyawright5533]

Who are the lenders you mentioned that have no minimum loan amount requirement?

[@TimLeakOfficial]

I’m sorry, I gotta keep some things exclusive for course members.

[@waltbuzby8644]

Im a newer sectiom 8 investor in Birmingham Al. My issue has been the time its been taking section 8 to get inspections done and tenants moved in. My last one took over 6 months. Do you see this approving anytime soon ?

[@TimLeakOfficial]

Unfortunately, this is one of the disadvantages of section 8. Housing Authorities around the country are backed up for some reason. The longest it took me was 2 1/2months. 6 months is insane.

[@timmysam3138]

How has it been going with that place in Birmingham? Were you able to find one in a decent part of that town?

[@erikrichardgregory]

The politically correct term for cheap is “inexpensive” :)

[@TimLeakOfficial]

I wasn’t trying to be politically correct.

[@gaboronem8615]

This doesn't feel like it should be free

[@Castle743]

Of course Investors greed continue to manapolize our homes, now going after the poor.

[@TimLeakOfficial]

Actually we’re helping low income families by renting to voucher holders who are constantly being discriminated against by landlords who refuse to rent to them. Exactly what are you doing to help people in this economy? If it’s nothing, then stfu.

[@bosslady8507]

What lenders can I apply to for houses 30k and up?@timleakofficial