4 ms·
10k/year on a property with a market value of 125K is a far higher cap rate than I see to begin with, but I live in a nicer area where a room in a house is the
by kolbe 5y ago
10k/year on a property with a market value of 125K is a far higher cap rate than I see to begin with, but I live in a nicer area where a room in a house is the only thing you can get for less than $1000. I know there are much higher yields in Section 8 and slumlording, but that's more of a business than an investment because of the extra work involved, and one where I hear success requires a moral compass that I don't align with.
- ricardobayes 5y agoI agree with the jist of your comment, however providing section 8 housing is as good as one can do to help low income families (in my opinion).