The BetterLife Podcast: Wealth | Real Estate Investing | Life
Section 8 Done Right (and making $46,000 per month doing it!)
Oct 18, 2024
Mike Curadossi, a savvy real estate investor, shares his expertise in Section 8 rentals, generating a whopping $46,000 monthly. He reveals how to increase rents without losing tenants and keep them long-term, discussing tenant vetting techniques essential for success. Mike breaks down the first practical step to start in Section 8, emphasizing the importance of effective property management and thorough screening. His insights highlight the growing demand for affordable housing and how to thrive in this niche market.
39:22
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Quick takeaways
- Delegating tasks like property management to virtual assistants can significantly enhance efficiency and scalability in real estate investing.
- Focusing on Section 8 housing can provide investors with stable cash flow and consistent income amidst housing shortages and government support.
Deep dives
The Importance of Delegation in Real Estate Investing
Successfully building a real estate business often requires recognizing the limitations of individual effort. Learning to delegate tasks, like property management and bookkeeping, can significantly enhance efficiency and scalability. By hiring a virtual assistant, real estate investors can focus more on critical aspects of their business, such as securing more deals and spending quality time with family. Embracing delegation can lead to exponential growth, as indicated by the speaker's own experience of hiring his first virtual assistant, who contributed positively to his operations over a decade.
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