Posted by Jimmy on April 01, 2008 at 05:20:24:
In Reply to: Re: Tricks of Trade posted by james(CA) on March 31, 2008 at 12:23:24:
advantages of low income rentals compared to upmarket stuff. 1. better cash flow. 2. greater number of eligible tenants. 3. lots of rehab opportunities in the 'hoods.
20% or so of my tenants and rents are S8. been as high as 50% and as low as 10%. when there are plenty of S8 vouchers floating around, I get more of them. when not, I get more working class types.
difficulty of eviction has nothing to do with tenant.
cut and dried process here in TX. I file about 1 per month.management differences? never managed high end stuff, so I can't comment.