Real Estate Investment: Section 8 vs. Market Rate Rentals Comparison
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In this riveting video from Chandler David Smith, the age-old debate between section 8 rentals and market rate rentals is finally put to rest. Chandler, a seasoned real estate investor with a decade of experience under his belt, fearlessly delves into the pros and cons of each option. With a portfolio boasting over 120 market rate rentals and a growing number of section 8 properties, Chandler's insights are as valuable as they come.
With the swagger of a seasoned pro, Chandler breaks down the allure of section 8 rentals, highlighting the guaranteed government-backed rent and the potential for higher rental income compared to market rate properties. Yet, he doesn't shy away from the bureaucratic hurdles and limited tenant screening that come hand in hand with section 8 investments. Chandler's candid take on the wear and tear caused by section 8 tenants paints a vivid picture of the challenges faced by landlords in this arena.
On the flip side, Chandler's enthusiasm for market rate rentals shines through as he extols the virtues of full control over tenant selection and the flexibility in pricing that these properties offer. The ease of management, higher property quality, and lower wear and tear make market rate rentals an attractive proposition for Chandler. His preference for market rate properties stems from his belief in the importance of tenant care and property upkeep, elements that he finds lacking in some section 8 scenarios.
As Chandler navigates the nuances of real estate investing, his message is clear - mastery in one area before diversifying is key to long-term success. With a dash of Clarkson-esque flair, Chandler urges viewers to rev up their rental game, fine-tune their systems, and strive for excellence in their chosen niche. The road to real estate riches, according to Chandler David Smith, is paved with expertise, efficient management, and a relentless pursuit of greatness in the world of property investment.
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Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
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