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How does Section 8 work for landlords-Pros and cons-requirements

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kris haskins

kris haskins

Күн бұрын

Пікірлер: 123
@jonathanlamb4373
@jonathanlamb4373 5 жыл бұрын
I heard something in another video that I thought was really good. When you meet with a potential tenant walk them out to there car and see how it looks on the inside. If there’s a bunch of trash and crumbs in there it should be a good warning sign of how they take care of their house.
@krishaskins
@krishaskins 5 жыл бұрын
Oh wow, I dont know where u got that from, but that sounds exactly RIGHT. If their car stinks, I promise u the house smells like poo too, thnx 4 watching
@tonyt7442
@tonyt7442 4 жыл бұрын
I'm kind of late to the party, but an educated applicant (not a tenant yet), could borrow a nice car/vehicle from relatives.... Also, in a big city, they may not own a car and rely on relatives for transport.
@frenchyalicea649
@frenchyalicea649 3 жыл бұрын
@@tonyt7442 great thing is many dont think that far ahead.
@ladyplantzalot6987
@ladyplantzalot6987 3 жыл бұрын
@@tonyt7442 that's why you make them qualify properly. A professional tenant knows that anyway. And in 5 years you can wholesale that property away anyway the flippers don't care . You've made your money any items mostly are tax deductible.... . The way you stop trashy ass tenants is by being a present land lord. You out to that property doing proper maintenance weekly they gonna know they can't wild out cuz you are gonna drop by to cut grass every week.
@powerfully6694
@powerfully6694 3 жыл бұрын
I am buying a house 🏠in a very stereotyped area in Jacksonville FL. AKA ( ghetto) is there a restriction to qualify if house is an area where crime rate is high? The property is a 3/2 everything in up to code and renovated. I am concerned about not having an easy handicapped access ( has 3 steps to get in and out) would that also be a desqualifier ?
@frenchyalicea649
@frenchyalicea649 3 жыл бұрын
Nowadays anyone working more than 8 hrs a day THINK they're working "hard."
@nicknjb5019
@nicknjb5019 6 жыл бұрын
Wow ! I was just looking into this same topic.... Great video ! Thanks for the info.
@AandP4dummieslikeme
@AandP4dummieslikeme 6 жыл бұрын
Thank you for posting these videos. I am learning so much! I am binge watching, trying to catch up. That is a cute dog-LOL
@krishaskins
@krishaskins 6 жыл бұрын
that dog runs the house, thnx 4 watching
@pedromata3931
@pedromata3931 6 жыл бұрын
Wow u have no idea how useful and helpful your videos are, and frankly I love the fact that you incorporated the word. Keep it up Kris. Still haven’t gotten through watching all your content but I’m getting their, and it’s good stuff. Hopefully if God permits I’ll be able to get into the real estate investor business. Anyways good luck with the dog and house training.
@bunnymanmoe8819
@bunnymanmoe8819 3 жыл бұрын
How you making out in your investing career?
@53philp
@53philp 3 жыл бұрын
What keep's me working is thinking about the money, nothing else matter's.
@krishaskins
@krishaskins 3 жыл бұрын
*"The Landlord's Guide to Section 8 Housing" is out now:* aw8d9fb.aweb.page/p/6adc04d3-0118-48ee-b47b-bd35cce4a245
@mlk8703
@mlk8703 6 жыл бұрын
Great info Kris!! You are genuinely the most relatable, honest and most informative Real Estate Coach on the web!! God is definitely using you to touch lives. This is your Ministry!! How can I get more info on joining your coaching class program?
@krishaskins
@krishaskins 6 жыл бұрын
Hey. Thnx so much for watching my crazy vids. Hit me at krisbuyshouses@gmail.com
@sonja_hooper
@sonja_hooper 5 жыл бұрын
Can you do a Vid on How the Government Section 8 Voucher Program actually Inspects a House/trailer/Apartment.. what are Required Inspections..An Actual Walk Thru ... thanks
@krishaskins
@krishaskins 5 жыл бұрын
Ok, I can do that. Thnx for giving me some direction
@marciananton9226
@marciananton9226 6 жыл бұрын
I actually went that route but because the person I decided to rent to fell through and I became impatient i ended up renting to a private pay tenant. Worst decision. This person is not paying on time ever. Im so disappointed because this is my first attempt at being a landlord.
@krishaskins
@krishaskins 6 жыл бұрын
wow, sounds like ur going to the casino every month like i was huh, well, id like to let u know it prob wont change untill u get rid of that tenant. in my experience tenants end like they start. esp with an ordinary lease instead of a lease option. pls let me know if i can help u? no matter where u are. oh and we either get trained or train our tenants! krisbuyshouses@gmail.com
@niziaharrison1686
@niziaharrison1686 3 жыл бұрын
Great video I know it’s three years old but I do hope you come up with updated information because I have section 8 but I’ve had it since 1996 back then no one wanted it but now it’s really on the mend thank you so much for the video please show updated ones I really love your videos and I’m learning thank you
@MsRESPECT90
@MsRESPECT90 6 жыл бұрын
Can you please make a video explaining the process? That would be super helpful.
@krishaskins
@krishaskins 6 жыл бұрын
hey bro shoot me an email, u may need my inner circle
@zeem90210
@zeem90210 5 жыл бұрын
great video! i appreciate your efforts.
@IssacMJones
@IssacMJones 5 жыл бұрын
Another great video!!
@FubuKid
@FubuKid 6 жыл бұрын
Thank you Kris for this and all of your videos. I'm trying to get into real estate this year and i think for my situation i need to flip a house or a note ? I am a newbie here in the great state of Washington trying to learn as much as i can so any and all help is greatly appreciated Thanks fam !
@bgivesumoore
@bgivesumoore 2 жыл бұрын
FYI Kris it's no longer called section 8 it's called the housing choice voucher program...
@livewithdr.andre1
@livewithdr.andre1 Жыл бұрын
Great info 👍🏽💯
@candycane9264
@candycane9264 2 жыл бұрын
It’s about time someone stood up for the voucher tenants
@krishaskins
@krishaskins 2 жыл бұрын
Mu section 8 homies are my best tenants. I love them, and they appreciate the fact that we show them love...
@jenniferv618
@jenniferv618 2 жыл бұрын
I really have to ask- why do you have the subscribe ad on heavy ass concrete? Lol 🤔🤣
@krishaskins
@krishaskins 2 жыл бұрын
Is that good or bad?
@jenniferv618
@jenniferv618 2 жыл бұрын
@@krishaskins well as long as you have the muscles to lift it up then, it's all good but, it's just funny to see it on there 🤣 you pick it up like it's styrofoam tho
@annilara4217
@annilara4217 2 жыл бұрын
I will be going through this very soon. Thanks.
@barbarawright4717
@barbarawright4717 6 жыл бұрын
Useful information
@trailertrashtotrailercash9791
@trailertrashtotrailercash9791 2 жыл бұрын
So tell me how well that single head ductless unit works in that home, I’m thinking about doing this type in my rentals
@marciananton9226
@marciananton9226 6 жыл бұрын
Please do a video on how to screen possible tenants.
@krishaskins
@krishaskins 6 жыл бұрын
ok thats a great idea, ill do that!!! thnx so much 4 asking
@helenmurphy3143
@helenmurphy3143 5 жыл бұрын
peope who dont blast stereos
@ravenssince962
@ravenssince962 3 жыл бұрын
Great video!
@zofo_5735
@zofo_5735 3 жыл бұрын
Put a cover on that light switch ! 😝
@derrecktaylor8817
@derrecktaylor8817 6 жыл бұрын
Kris, what if you have a section 8 tenant with 2 kids and she signs a three year lease and one of her kids goes off to college and the government tells her to move into a two bedroom, down from the three bedroom she currently lives in. Do you secretly keep her in the current home, or do you find her a two bedroom, even if your company doesn't have a two bedroom available?
@krishaskins
@krishaskins 6 жыл бұрын
thats tough, i prob have to let her out of my lease if she no longer qualifies.
@MrHouseguy1
@MrHouseguy1 4 жыл бұрын
My question is who would they send the payment to ? Especially if they are trying to find a house to live in themselves.
@krishaskins
@krishaskins 4 жыл бұрын
Not sure how that works
@producerboy29
@producerboy29 5 жыл бұрын
I love this video can’t wait till I get my real estate license
@krishaskins
@krishaskins 5 жыл бұрын
I'm glad to help, but remember getting ur license wont necessarily help u with ur investments! But, it does have the possibility to. You'll do great
@producerboy29
@producerboy29 5 жыл бұрын
kris haskins I seen videos on KZfaq people with out real estate licenses doing deals is it possible to do business without it
@krishaskins
@krishaskins 5 жыл бұрын
Well, I can only comment 4 me. I dont hv one
@producerboy29
@producerboy29 5 жыл бұрын
kris haskins wow man thanks do u have a online class
@krishaskins
@krishaskins 5 жыл бұрын
Only my inner circle. U can send a request to krisbuyshouses@gmail.com
@jaygillard700
@jaygillard700 6 жыл бұрын
Great vid! How do we sign up for your mentorship program Kris?
@krishaskins
@krishaskins 6 жыл бұрын
hey there, thnx so much for watching my content. shoot me an email kriz1204@gmail i can explain my inner circle
@healthandwellness7059
@healthandwellness7059 4 жыл бұрын
Can you do a subject to property through Section 8
@krishaskins
@krishaskins 4 жыл бұрын
How do u mean?
@healthandwellness7059
@healthandwellness7059 4 жыл бұрын
@@krishaskins Once I get the property Sub to, could I then put Sec 8 tenants in the property? Is it difficult to get the property qualified with the section 8 if the property is sub to?
@mistimitchell5482
@mistimitchell5482 Жыл бұрын
How would you get a tenant to leave if they are destroying your property?
@krishaskins
@krishaskins Жыл бұрын
We’ve dealt w that two ways. 1. Call the housing authority and report the damage and they’ll inspect 2 terminate the lease and give tenant 60 day notice. It’s a hassle but if they won’t leave you will have to evict them
@Naturalgrlonabudget
@Naturalgrlonabudget 4 жыл бұрын
🙏🏾🙏🏾🙏🏾 thank you
@Shanellngenesis
@Shanellngenesis 2 жыл бұрын
Contractually… let’s say the there are circumstances like covid where they freeze government funds …would this include rents paid in tenants behalf? Also …when lease for this tenant is done right..are you obligated to keep them again at that initial rental rate?
@mariap7439
@mariap7439 2 жыл бұрын
Do you have information on the one shot down payment assistance used by section 8. How does it work? Does landlord and broker fees get covered?
@krishaskins
@krishaskins 2 жыл бұрын
Not sure about this one
@earlpolk7436
@earlpolk7436 3 ай бұрын
Hi Kris, is $75,000 enough to invest in real estate?
@carlossendon8070
@carlossendon8070 2 жыл бұрын
i am thinking about section 8 but i wonder if the government will determine how much money will i get for rent or do i set the rent price and the government will pay?
@krishaskins
@krishaskins 2 жыл бұрын
great question. This is going to be the question of the day for Feb 14th, make sure you come over to answer this one.
@dirtycarpet6134
@dirtycarpet6134 3 жыл бұрын
Kris H, I had a section 8 house that needs to be painted but i dont have the funds to pay for it, or put it on credit. its in the bay area and its cost 20k to paint! my question is, ive gotten several extension to delay painting but how many more extension can i receive before section 8 stops paying their portion of the rent? hope this is clear!
@JAESTORM22
@JAESTORM22 6 жыл бұрын
Good info
@taurusdude9695
@taurusdude9695 2 жыл бұрын
I'm currently paying a monthly mortgage on my home. Can I get my house on the Section 8 house list? Or do I have to finish paying my mortgage and refinance to apply. Fully aware that in Chicago, Illinois could be different rules.
@Felix-xn2do
@Felix-xn2do 3 жыл бұрын
Feel like i worked into sunday school
@TellingTrueStories
@TellingTrueStories 6 жыл бұрын
I enjoy your videos! Are most of your rentals section 8?
@krishaskins
@krishaskins 6 жыл бұрын
Coach Twan thanks so much for watching. No not all of my rentals are government-subsidized. I only have a few that are. This is not my favorite way to do rentals because of the upkeep and maintenance costs over the years can be a bit High. But rent always comes in.
@TellingTrueStories
@TellingTrueStories 6 жыл бұрын
kris haskins I agree. The process can be a little cumbersome with all of the inspections that they require. But once you get them in the money comes, no more playing the slot machine LOL.
@ladyplantzalot6987
@ladyplantzalot6987 4 жыл бұрын
Just so you all Know you can sell them those homes! I bought a really nice home when I had sect 8. In Florida first one in my county who did it.
@bunnymanmoe8819
@bunnymanmoe8819 3 жыл бұрын
You still have that house?
@ladyplantzalot6987
@ladyplantzalot6987 3 жыл бұрын
@@bunnymanmoe8819 of course I do what kinda strange question is that? It comps now at about 198k matter of fact I'm 60k in equity
@bunnymanmoe8819
@bunnymanmoe8819 3 жыл бұрын
@@ladyplantzalot6987 What is strange about that? I don't know you personally so how would I know what you're doing? What kind of idiot are you?
@ladyplantzalot6987
@ladyplantzalot6987 3 жыл бұрын
@@bunnymanmoe8819 oh so you one of them backhanded complement people.. or you just salty cuz you live in something you can't appreciate.. I am far from an idiot that's why I got a house when I was on section 8 because I understand regulations and guidance. .
@bunnymanmoe8819
@bunnymanmoe8819 3 жыл бұрын
@@ladyplantzalot6987 😅😅😅😅😅😅 You been dismissed.
@elliottgarcia1640
@elliottgarcia1640 4 жыл бұрын
How can I get help with housing and get a house I like
@krishaskins
@krishaskins 4 жыл бұрын
now that I don't have the skill to help you with my friend.
@elliottgarcia1640
@elliottgarcia1640 4 жыл бұрын
Thanks
@nellielee2915
@nellielee2915 2 жыл бұрын
You said you don't do one year leases, is that for all your tenants? Section 8 as well?
@jarellrogers
@jarellrogers 5 жыл бұрын
Could we do this if we have the home on a landtrust " since now the government is involved wouldnt they have you now in the tittle chain?
@krishaskins
@krishaskins 5 жыл бұрын
if you're house is in your name, you can simply xfer it into the LT, it's done every day
@veiwsofvince1347
@veiwsofvince1347 6 жыл бұрын
Hey, I love your videos thanks for the great content. There is a property I would love to bid on this week in Virginia not to invest but to live in. The house is not in liveable conditions but I would like to bring it up to code. My issue is that I can not get a mortgage because of the conditions and most construction loans takes longer than 15 days to process. What advice could you give me to obtain funds fast? I have good credit. Thanks in advance.
@krishaskins
@krishaskins 6 жыл бұрын
Ok vince, don't forget, in our world credit doesn't matter. We don't use it.. You need to get in touch with a good hard money lender. Members of my inner circle get access to all my lenders. They'll be able to fund your deal regardless of the condition, as long as you have some equity...
@veiwsofvince1347
@veiwsofvince1347 6 жыл бұрын
Yes sir, thanks for the advice. I lost the bid today, they wanted way to much for the property. Everyone walked away. I'm 26 I don't not have to much equity, Im a first time home buyer. Im going to continue to watch your videos and try an learn as much as possible. I hope to get into the flipping business soon. Hopefully I'll bump into you at one of the auctions one day.
@wissamgoro5079
@wissamgoro5079 3 жыл бұрын
Who pays the HOA Fees? Also I found many information out there that section 8 dont give vouchers to criminals?????????
@keeshaportis8393
@keeshaportis8393 5 жыл бұрын
i have a problem the person that was renting my house destroyed my house i was trying to take them to court quickly but i couldn't i try to get a lawsuit in because i had to go back where i was living and put my kids in school cuz i would have got in trouble now i got to wait 3 months until i can sue them cuz i would got in trouble keeping my kids out of school
@benjaminashley3606
@benjaminashley3606 Жыл бұрын
Who pays the utilities?
@aliu244
@aliu244 3 жыл бұрын
Can you do 3 years lease for section 8? I think they only do yearly lease.
@chassy1191
@chassy1191 3 жыл бұрын
I’m in the Hampton roads area, hoping you can mentor me to get started
@chassy1191
@chassy1191 3 жыл бұрын
Chasmalagrant@gmail.com
@helenmurphy3143
@helenmurphy3143 5 жыл бұрын
i live in good hud housing good management
@krishaskins
@krishaskins 5 жыл бұрын
Great, there are some great owners and tenants working w hud, including ME. Thnx 4 wstching
@thebrianrice
@thebrianrice 3 жыл бұрын
can you do Sub2 Houses ? in Section 8?
@aliu244
@aliu244 3 жыл бұрын
Do you pay utilities or tenants pay the utilities?
@gevonnajohnson5949
@gevonnajohnson5949 5 жыл бұрын
Would you do a tax lein home sale
@krishaskins
@krishaskins 5 жыл бұрын
sure, what's wrong w/ that, I love tax issues
@outofthebox5441
@outofthebox5441 4 жыл бұрын
How do you feel renting to SECTION 8 in B+>A class neighborhoods. I would be asking for 2100.00 per month. Is this even possible? I would still vet them as I did on my previous rentals
@krishaskins
@krishaskins 3 жыл бұрын
I think Section 8 is the safest way to own investing income producing rental property especially since there's a CDC moratorium on evictions. ALL section 8 levels are going to be good, A, B, C I don't care what class you're in, the Government is paying the rent on behalf of the tenants..
@whoarie
@whoarie 4 жыл бұрын
literally smell would work too..
@krishaskins
@krishaskins 4 жыл бұрын
Yes, that's the 1st sign
@marciananton9226
@marciananton9226 5 жыл бұрын
Have you had experience with a Section 8 tenent destroying your property and stealing everything? Im reading about horror stories now and wonder is that a good idea.
@krishaskins
@krishaskins 5 жыл бұрын
well, it can happen, but as long as u do stringent tenant screening, you'll be fine. i love these programs
@treal9988
@treal9988 5 жыл бұрын
Hi I was wondering if I could reach out to you and have 15 min of your time? Iv been investing for about two years but I’m getting ready to buy real estate and put it on section 8 and wanted to go in depth with you if possible?
@krishaskins
@krishaskins 5 жыл бұрын
Hey T, thnx for reaching out. Because time is so limited, what might be best is doing a one time consultation session. It's all done via video chat and this is one of my favorite topics. Well discuss tenant selection, my leases, inspections, rent reasonableness etc.etc. Email me if youd like more info, krisbuyshouses@gmail.com
@bgivesumoore
@bgivesumoore 2 жыл бұрын
Shut my mouth I guess you already knew that lol... I stand corrected...
@krishaskins
@krishaskins 2 жыл бұрын
Well, the only reason I call it that is because that's what most of us remember
@BGF_276HUNTERSPO8NTSF
@BGF_276HUNTERSPO8NTSF 6 жыл бұрын
Love the doggie.
@krishaskins
@krishaskins 6 жыл бұрын
great thnx 4 watching, i hope got some value from the training too
@sydnikdavis
@sydnikdavis 5 жыл бұрын
7:15 House Hacking!
@susanne1756
@susanne1756 Жыл бұрын
Get to the point man.!
@zoiakuznetsov2666
@zoiakuznetsov2666 3 жыл бұрын
Too long. Cut the fat
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