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The David Greene Show

Bleeding Cash, RE Food Poisoning and Section 8 Debate - Episode 12

Oct 15, 2024
Explore the hot debates around Section 8 investing—its pros and cons. Discover strategies to handle negative cash flow when properties start bleeding money. Learn about managing risks with short-term rentals and the critical choice between selling or holding your investments. Dive into the complexities of finding reliable contractors and the impact of changing interest rates on the market. With humor and insight, navigate the often tricky world of real estate and its evolving landscape.
46:50

Podcast summary created with Snipd AI

Quick takeaways

  • Understanding the pros and cons of Section 8 investing can help investors make informed decisions regarding government-subsidized rent programs.
  • Managing risks and having landlord insurance is crucial for property owners to protect themselves from liabilities and potential lawsuits.

Deep dives

Navigating Rental Property Decisions

A listener seeks guidance on whether to rent out a condo instead of selling it, considering its strong cash flow potential. With mortgage payments combined with HOA fees totaling $1,500 and a rental market rate of $2,700, the listener anticipates earning $900 to $1,000 monthly after expenses. It is advised that hiring a property manager can alleviate concerns for new landlords and provide professional oversight. Additionally, the importance of having landlord insurance is highlighted, alongside the suggestion to make the property as durable as possible to withstand tenant wear and tear.

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