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In this week’s Investor Success Podcast show, with special guest, Patti Roberston, we discuss using Section 8 to create cash flow for Landlords.
“Some landlords stick their noses up at Section 8 and that create more opportunities for me” Patti Robertson
Discussion Points:
- What is Section 8 and why should real estate investors care about it?
- How Patti first started working with Section 8
- Shifting your investment criteria from median price to lower price homes with great returns
- Should you buy one house for $160k or 2 for $160k? Using Section 8, both properties will rent for $1395 each
- Why smaller houses make fantastic Section 8 rentals with higher rents
- Marketing for Section 8 tenants
- Hedging for inflation with rental increases to Section 8
- What items to eliminate in your rentals to make your section 8 inspections easier
Resources:
Get a FREE Section 8 Application Checklist. This great tool, developed and used by Patti, will help navigate the Sec 8 application process more efficiently
About our guest:
Patti is a “serial entrepreneur”. Patti and her husband own 12 Great Clips hair salons, a property management brokerage called Tidewater Homes (which manages about 200 properties), and a HomeVestors (We Buy Ugly Houses) franchise, where she is both a franchisee and a Development Agent. Patti and her husband recently sold 4 Jackson Hewitt Tax Service retail locations.
Patti welcomes the opportunity to work with new and experienced investors alike. In 2011 she formed Tidewater Homes, a property management company that helps professionals develop wealth by creating equity and passive income with rental property. Patti is the Principle Broker and Tidewater Homes is currently managing about 200 units. In addition, she and her husband wholesale and flip property in Hampton Roads, Virginia.
Patti is also a Development Agent with HomeVestors. In this role, she helps new franchisees learn how to buy, rehab and wholesale houses.
Patti and her husband started developing a portfolio of rental properties in 2008. Currently they own about 50 properties in Hampton Roads, VA.
Patti served as the President of the Tidewater Real Estate Investors Group from 2009-2013, and currently is a Lifetime Board Member. She is a National Speaker who talks on the topic of real estate investing and entrepreneurship.
Patti was also recognized as being one of Hampton Roads Top 40 Under 40 Professionals in 2002.
Listen to these on-line interviews where Patti shares her story of entrepreneurship and real estate investing:
Blog Talk Radio – Ugly House Gal
Flip Nerd – Real Estate Super Woman Patti Robertson
Ready to take your investing to the next level?
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