Joe Asamoah is a very successful investor, who rents to Section 8 tenants in Washington DC. Part of Joe’s screening process is to visit the prospective tenants current home. He wants to see how they are living, because the way their house looks now, is how the rental will look later. Are there bugs, trash, dirty walls and floors, etc? This process has allowed him to get the best Section 8 tenants. As in renting to anyone, Section 8 or not, screening is key.
@hughjassol20727 ай бұрын
This man, is officially my mentor.
@krishaskins7 ай бұрын
Yo Yo, I sincerely appreciate your support. Here's the thing, I just been doing this for so long, it's just who I am now. SOO, I'm happy to share this story for my community to learn from my mistakes... 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
@nicknjb5019 Жыл бұрын
I think I'll be buying that guide soon Kris....Great info... I stay learning from you ✊🏾 Thanks for the value..
@krishaskins Жыл бұрын
U got that nice house down there will be perfect for this program kid.
@nicknjb5019 Жыл бұрын
@kris haskins Absolutely ! I'm going to pull the same move when I move out of the house I'm in... Thanks for opening my eye to section 8 🙌🏾
@kingdombeautycare Жыл бұрын
This cover/thumbnail is hilarious to me 😂😂😂😂😂
@SammieDuncanАй бұрын
Thanks This is great information
@krishaskinsАй бұрын
It's an honor to share my journey w/ you. I hope it give you some points to help w/ your business.. 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
@Marcus-sx2wc Жыл бұрын
Always a blessing to hear you. THANK YOU for all the knowledge
@krishaskinsАй бұрын
Yo Yo, thx so much for taking the time to hang out w/ me. This house is doing GREAT, I got a good tenant and have no issues. It helps me and my family live in our new house. 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
@paulag88435 ай бұрын
From my experience with 2 different sections 8 tenants they tore up my property left a horrible roach infestation, trash, and smelled horrible 😢😢😢
@kendallevans40793 ай бұрын
Mine too..........
@JeffBrown-ov8le3 ай бұрын
I've been in my section 8 apartment for a year now. My apartment is cleaned once a day whether I want to or not. Not everyone trashes their home.
@miscprojects966211 ай бұрын
Section 8 should be reserved for seniors and veterans.
@0nt0p0fth3w0rld6 ай бұрын
Agreed but add the disabled
@moneymike6325 Жыл бұрын
Thank you 👍
@catricedrew2428 Жыл бұрын
Absolutely!!!! Thank you. Great information!!!
@TheNehemiahGroup-ew5kq2 ай бұрын
Great video I am from the area and this one of places I am looking to invest
@leeroach338111 ай бұрын
Very helpful Thank you for sharing
@bbqworld210311 ай бұрын
Great info as always, thanks Q: Do you have to go through a special process to evict tenants if they’re not paying rent?
@melhoresprodutos889911 ай бұрын
One Question about Section 8: The HUD accept the Property under the Land Trust or LLC? or is Mandatory the Property under your Personal Name?
@noahah-nee308 Жыл бұрын
Same as in Hawaii
@derricksaunders5280 Жыл бұрын
Thanks
@officialjoshuacrisp Жыл бұрын
great video
@noahah-nee308 Жыл бұрын
Section 8 is closed for us down here too.
@nicknjb5019 Жыл бұрын
BTW I was waiting for this to premier 😂
@ChrisJones-pq2qw Жыл бұрын
Thank You Sir!!!
@crypto_ai_v2 Жыл бұрын
Did they remove the number of vouchers that you could see? It is no longer viewable.
@skysthelimit.podcast9 ай бұрын
Great watch!
@jcoolman4854 Жыл бұрын
Good luck with that. I rent to a section 8 tenant in October 2022. Today is April 4th 2023. I still haven't received a dime from the Newark NJ housing authority yet. Suddenly my calls get bounced from number to the other. My emails unanswered. Terrible. Section 8. NEVER AGAIN.
@krishaskins Жыл бұрын
How is it possible to not get rent? You should have the contract w/ the housing dept. and it should be on auto pay.
@ebby170 Жыл бұрын
Go in person to the office.
@jeffmason26918 ай бұрын
Sounds like you have an agenda, what you are saying is Not True.
@gypsyluv11185 ай бұрын
Newark??? Lol
@ladilondon12134 ай бұрын
Contact the head of HUD
@asliteb79427 ай бұрын
Thanks Kris!! What if the new HUD 2024 FMR increased significantly from what my current rent is.... Is it wise to ask for the rental increase to HUDs FMR?
@lendswell7225 Жыл бұрын
I want to get your section 8 course but don’t you need a house to do this? Do we have to pay out of pocket for house? Or use credit?
@wandaivettesanchezramos58362 ай бұрын
How about PR. Do you have any rent to buy?
@xuelingxu986811 ай бұрын
kris, like your video. to have 3 yrs lease, is it catching up the market or inflation rising? also, what happened if the tenants employment got changed, the program will change the allowancance, right?
@skysthelimit.podcast9 ай бұрын
Cool video!
@kendallevans40793 ай бұрын
I did just what this guy did, moved out and rented my house to a section 8 single Mom. Biggest mistake I've ever made! Mom actually wasn't that bad for the first few years. It's when her 2 daughters got to be dating age and started bring home riff-raft! Cops, complaints....etc....sold the house, made some good money and never looked back! It's not worth it, and I even had a property manager and it still wasn't worth the worry. In short, don't EVER be a landlord, period!
@JnguyenDec14 Жыл бұрын
I just closed one with HHA. So how often should I visit my property?
@nfnnln6760 Жыл бұрын
Mr. Kris, New subscriber here! I've just obtained a rental property in Hampton and looking through your videos for tips on hiring general contractors. If you offer consultations for specific questions please let me know so I can get on your calendar. Even if you cannot your videos are a lot of help and I want to say thank you.
@krishaskins Жыл бұрын
Yo Yo, thnx so much for checking out my crazy world. It's an honor to serve and further, thnx for being willing to invest in yourself and some information. Here's the link to sign up for a consultation: www.therealestateroundup.com/one-time-consultation/
@jcoolman4854 Жыл бұрын
Pls stay away from section 8, you will thank me later. Terribly, horrible. The moment the tenant move in, they become your problem.
@stevekelly6303 Жыл бұрын
@@jcoolman4854 wrong. All tenants should be screened the same way. A section 8 tenant is NOT better or worse than a regular renter. I have 2 Section 8 tenants and they are as good as my other tenants. HCV program provides us leads but it's our job as landlords to screen and approve the correct tenant
@jcoolman4854 Жыл бұрын
@@stevekelly6303 Good to hear about nice section 8 tenants. I don't know where you are located, but here in Newark NJ, it has been seven months and I haven't received a single payment from section 8 yet, meanwhile, I already have to replace the stove and other stuffs for the tenant. I would have been better with an empty unit.
@stevekelly6303 Жыл бұрын
@@jcoolman4854 ok understood. 7 months without payment is a long time
@lorrainefairfield7743 ай бұрын
Tens of thousand of section 8 tenants live in housing all over the USA. The majority of them are stable tenants and keep the property clean, pay their rent on time and work full time. Unfortunately just like with the market rate tenants not all of them are good tenants. But that should not discourage landlords from renting to them. But I would disagree with not checking credit just because they have section 8. A section 8 tenant can also fall behind on their share of rent by racking up credit debt, plus you want to know if a section 8 tenant loses the section 8 voucher will they be able to pay the rent until the lease ends.
@user-bu1sd4hi3i Жыл бұрын
Hi Kris, As always Great Content! My question is when you're listing an apartment for Lease for Section 8, do you usually put it at or above the FAIR MARKET RENT (FMR) published by HUD??? What is your strategy??? Thank you!
@krishaskins Жыл бұрын
hey Thnx, this will be our QOTD for Monday, I appreciate you contributing and make sure you're on our email list so you don't miss any aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
@Nuvision195 ай бұрын
dosen't show all of Florida
@changyoung79102 ай бұрын
how can i get aplication for landlord
@Liz-nn5zv Жыл бұрын
I can only pay up to $1200 a month including utilities with a Section 8 Voucher
@ranbandz75665 ай бұрын
Good morning sir could you send me the application you use
@imalwaysme43325 ай бұрын
Sec 8 folks can and will destroy your house and YOU will have to pay to get it repaired! Nothing will happen to the sec 8 voucher holder ! Sure, u can take them to court and get a judgment, that doesnt mean u won't be out thousands of dollars for repairs
@cushrinada Жыл бұрын
Can you have a property mgmt company do the home visit?
@krishaskins Жыл бұрын
This will be the QOTD for tomorrow, great point here. 👉Make sure you Join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
@raissakitenge97925 ай бұрын
Section 8
@bobbullethalf8 ай бұрын
All city section 8 programs are not the same. They want to come in and change everything that they don’t need to change.
@yvalentinfg5 ай бұрын
That is very true. I’ve noticed that in my dealing with potential section 8 tenants recently.
@jayc4715 Жыл бұрын
I wouldn't
@krishaskins Жыл бұрын
OK, what makes you say this? Here's the thing, the Section 8 program has been one of the reasons I've been able to pay OFF some of my houses. It's the most consistent system in my business. Mid term, short term, long term.... Not even Lease Option tenants can compare to the consistency of the US Government. But I'd love to hear why you would or do NOT work w/ these tenants? No doubt you have rental property and every person's experience is different, you can help some of my Roundup Fam w/ your perspective...
@dmac8395 Жыл бұрын
ALL of the homes in my portfolio are Section 8. I LOVE IT.
@jayc4715 Жыл бұрын
@@dmac8395 fuk that
@propertypaul Жыл бұрын
I did in Sacrament, CA and would not do it again. Neighbors complaining and damage were not worth it to me. California law now says we have to allow Sec. 8.
@dmac8395 Жыл бұрын
@@propertypaul wow. Sorry to hear that. I'm in Texas. I have come across too many "regular" tenants that had too many excuses on the first of the month. I now receive high rents, low taxes, and I own my properties free and clear so it's pure income. I'm also writing my dissertation on this. It's a win all the way around. 👍🏾
@Mj662. Жыл бұрын
Great way to screw over your old hood….property values will drop…your property will get ruined….good luck with the single mom with 3 kids…wait for her boyfriend to move in…plus all the other fam….quit screwing over other homeowners in the area!!!!
@gypsyluv11185 ай бұрын
EXACTLY. I had a similar BAD experience.
@josebedolla9885 ай бұрын
Does anyone know if you can list a duplex or tri plex for section 8 looking into renting out my 1st section 8 housing
@gypsyluv11185 ай бұрын
Good luck!
@user-ho7ml4cz9d4 ай бұрын
Definitely can
@jonibusskohl89583 ай бұрын
Nope...too many private pay who take pride in working and keeping their home up and make and worry about a damage deposit coming back to them
@4CAnders Жыл бұрын
section 8 is ok if you have, cement floors, brick walls, iron doors. What that sounds like? Jail. Give no amenities, no ceiling fans, no applicances, no pest control, no security doors, no washer and dryer, no nothing except floors and walls. Shouldn't have to be this way with handicap tenant with live in aide.
@sisterelizee2722 Жыл бұрын
😂There's a lot of personality in this comment 🤣
@krishaskins Жыл бұрын
Well, I don't necessarily think it's THAT bad, but you're right, things would be smoother if there's nothing to be messed up...
@4CAnders Жыл бұрын
@@krishaskins no talks on how to get out the section 8 contract dealing with the procedures and court, the cost and time of removing a bad tenant from section 8
@jcoolman4854 Жыл бұрын
Those who know, know.
@cameroncollier95206 ай бұрын
Awesome info Brother Askins! I truly appreciate you taking the time to put this detailed information out. Looking forward to working with you. Keep up the good work. #Hampton #757
@Myfriendvinny4 ай бұрын
Why would you rent to someone that can't afford it? Do you have any idea what these people do to Neiborhood's with loud music, five and six cars parked out front different cars all the time.
@ladilondon12134 ай бұрын
That’s only if you allow that type of behavior. You add that to your contract and it’s a violation. I know full market value renters that do worse as well as home owners… TRIFLING HAS NO INCOME LEVEL!!!
@a-14303 ай бұрын
Some folks like to stay homeless or sleep on there mothers couch stay that way don't ruin it for others.
@krishaskins3 ай бұрын
I"ma be honest, I was a "sleep on a friends couch" person when I was younger. It took me many years to figure this thing out. We have to have tough empathy for folks as some take longer than others to learn the game. And hell, some never learn the game until it's too late. Who's to judge when it's the right time? it's tough. 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
@user-sh7zt3ik9q7 ай бұрын
Crazy
@th4759Ай бұрын
We need to place a cap on section 8. Food has a 5-year limit. Section 8 has no time restraints. A person can live on section 8 forever. That's absurd.
@krishaskinsАй бұрын
This is a good point here. I wonder, what criteria would you enforce to have the tenant get off gov't assistance in xx years? The only problem I see is some people really need it for a long time. While some only stay on it because they don't want to be independent. How would you make it all work because some people won't be able to live w/out it. I can only imagine most people think xx years is long enough for gov't assistance. But from what I've seen, if a person has xx dependents, it's no way they can afford to live here in the US. Now, that gets into a much deeper analysis that takes more time to unpack. 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
@th4759Ай бұрын
There aren't thousands that NEED section 8 .... there are thousands that WANT section 8. A lot of people are happy to live off government. Abled bodied people with limited motivation to better themselves are happy to stay on welfare forever. Section 8 allows mediocracy which creates limited resources for people who need the help. We as Americans want to help, but welfare is not a lifetime lifestyle. It's a hand out to provide support while a person can better themselves and move on, allowing others to do the same. Too many will stay on section 8 forever, paying $300/m for a $3000/m home. And government allows it. It's a joke.
@marcielynn48868 ай бұрын
NO THANKS!
@Shmeggles11 ай бұрын
Ha!! Yeah there's lots of us. I'm actually a sect 8 recipient looking on how to find you very beautiful sect 8 landlords!! It's a good program to get with, if you want 100% guaranteed payment.
@Samman1231 Жыл бұрын
Sad how a fellow brother switches up on our people. Taking advantage of fellow brothers to make money. Amerikkka has gotten to you.
@saraiday1646 Жыл бұрын
How is he switching up and taking advantage?
@Glennpoythr Жыл бұрын
Nonsense. He’s providing affordable housing with dignity.
@gypsyluv11185 ай бұрын
What kind of loser are you?
@rudetube55208 ай бұрын
Gay punk keep saying section 8 tenants gonna tare up yo place