Hello!
Despite what people think about the neighborhoods that I invest in, with finding investment properties under $30k, the truth is that the thought of “Section 8” renters and what that comes with just isn’t the case. I put “section 8 ” in quotes because its a loaded term and I don’t agree with how everyone uses it to judge a potential tenant.
What’s been going on in my working class neighborhoods is that section 8 renters are moving to larger, newer homes in the suburbs, and tenants with solid and respectable careers are moving into these renovated homes to save money (remember, this is in context of the foreseeable next 20 years of wage stagnation if not deflation, but all living costs and supplies are inflating: This corresponds to people moving to cheaper housing to maintain cost of living).
Thanks for tuning in, I hope you enjoy the episode!
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Enjoy! Lisa Phillips
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