Landlord w 70 Rentals Reveals How He Built a Section 8 tenant Empire

Рет қаралды 219,123

Күн бұрын

This landlord has 70 section 8 rentals and wants to share his secrets to how he passes inspection on the 1st time so his section 8 tenants can move in quickly. I'd like to introduce you to Marc Shlyk, he's been in the real estate business since 2006. Years ago he suffered the stress of renting to private pay tenants. After years of mistakes and lost rents, he decided to explore becoming a Section 8 Landlord. Today he's built an entire rental portfolio where the Government pays the majority of the rent every month because he now rents to section 8 tenants with a Housing Choice Voucher.
In this video he explains the building materials he uses to make his rentals bullet proof and further share his secrets to passing the section 8 inspection on the first time.
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00:00 - CDC Eviction moratorium Explained
6:28 - Exterior of the property
13:38 - Integrated LED light fixtures
15:42 Come inside Marc's Property
17:15 - Flooring explained
21:30 - Split system Central heating and air
28:23 - Inside Marc's Kitchen
Follow Kris on Social media:
Instagram: / kris.haskins
Facebook: / kris.haskins.7
Twitter: / kriz1204
#section8money, #howtobeSection8landlord, #section8inspection, #howtopasssection8inspection
• Landlord w 70 Rentals ...

Пікірлер: 741

@krishaskins 3 жыл бұрын

*Learn how to get your next Government Subsidized tenant at * "The Landlord's Guide to Section 8 Housing": **aw8d9fb.aweb.page/p/6adc04d3-0118-48ee-b47b-bd35cce4a245*

@embeee2011 3 жыл бұрын

😱

@peacelove4090 3 жыл бұрын

I am a Section 8 landlord and I would not pay the tenants utility it is not worth it. You receive your check between the 1st and 5th of each month and the tenant has a portion to pay.

@coryddp7254 3 жыл бұрын

Can you list a property if you have a mortgage? I'm thinking about moving out of my property in a year or two to move out of town to be closer to someone special. I will have a mortgage and I'm wondering if I can list it on the section 8 or the VA portion of section 8

@angelajohnson9542 3 жыл бұрын

🥰,👍,💯,🧡,💗,🧡,💗,🧡,💗,🧡,💗

@Sonteee215 3 жыл бұрын

Hey do u have rentals in California my son going to college in la . I would like to move too California

@hrgproperty 3 жыл бұрын

This is a nice template, but I encourage all of you to remember what your individual missions are. Of course we want to make money, but I also want people to have a great place to live. I can absolutely make money and my tenants feel good at the same time. Blessings.

@thetshirtblog 3 жыл бұрын

So what are you trying to say??

@vinnadoncoppious8930 3 жыл бұрын

@@thetshirtblog they're saying section 8 not only makes money but helps people

@peterpatton2867 2 жыл бұрын

Thank you! Just because someone holds a voucher doesn't mean they should be rental abused. They deserve a nice safe and clean place provided to them.

@nfsfan2 2 жыл бұрын

You are a decent landlord, unfortunately most see the working class as a bank and give deplorable living conditions because they are trying to save a few dollars. It took a year to fix outlets in my apartment.

@dianeibsen5994 2 жыл бұрын

Here, here my friend👍

@adamantequity4277 3 жыл бұрын

By far one of the most useful videos I have ever seen on youtube. Thank you.

@krishaskins 3 жыл бұрын

wow, this comment has made my day, thnx so much for supporting my crazy world

@ZMS777 3 жыл бұрын

I agree. I'm changing my focus to section 8 rentals.... still researching on steps to get started

@shawncheese3452 3 жыл бұрын

I’m 16 minutes in and I’ve already learned a ton! Thanks for the awesome video guys! Keep em coming! 👍🏼

@jhunter387 3 жыл бұрын

Dropping so much knowledge from the lights to the no bottom lock was great! Everything was gold in this vid

@krishaskins 3 жыл бұрын

I appreciate that! yes Marc is a beast when it comes to this stuff.

@renellbrenskill561 3 жыл бұрын

Your camera man is a keeper. Never let him get away.

@krishaskins 3 жыл бұрын

I wish I could use him more, he's my cousin and YES, he's a beast.

@debbiemims6884 3 жыл бұрын

thank you, i am on section 8 and am very thankful. I think most landlords are afraid of section 8 because it has a bad rep for tenants, I have lived in my house for 20 years and have done a lot of upgrades on my own , such as glass tile backsplash, crown molding and my landlady has never had to do anything and she is happy with me as a tenant, so dont be afraid to rent to section 8 people

@krishaskins 3 жыл бұрын

Well go for you, I'm trying to do my part to help get more available houses on the list for tenants. It seems like there's never enough housing avail.

@shanejones2600 2 жыл бұрын

Home ownership is also available with section 8. Tammy

@ReviewsAndMore9 Жыл бұрын

Why are you on section 8 for over 20 years?

@balla2828 3 жыл бұрын

What's insane about this is my family had the same absolute misconception of Section 8 a couple years back, we thought it was probably bad and would bring a lot of problems. Boy were we wrong! Literally can make your life 10x easier as a landlord!

@krishaskins 3 жыл бұрын

Thnx for putting this in here for ALL the landlords that are listening to the WRONG information...

@waifungilism2004 3 жыл бұрын

@@krishaskins Mark didn't touch on why the ideal tenant should be one single man through the VA Section 8 program? Can you elaborate on this?

@six6goddess214 3 жыл бұрын

What about taxes? Section 8 reports the rent as income to the IRS?

@balla2828 3 жыл бұрын

@@six6goddess214 They (section 8) does send a 1099-C form I believe at the end of the year for you to fill out as a landlord. Not sure if that helps.

@orangemoonglows2692 3 жыл бұрын

@@waifungilism2004 probably no kids is a reason.

@JkJujitsu 3 жыл бұрын

If this was the only video I watch for investing in section 8 units, super informative. Literally was a gem man.

@krishaskins 3 жыл бұрын

Sweet, thnx for supporting my crazy world.

@cspooner67 3 жыл бұрын

GREAT video. This is why I watch KZfaq vids over HGTV!

@44574457maw 3 жыл бұрын

Thank you for your information I am in section 8 renter I pay my part 7 month because I dont want problem with my landlord I am spanish my english is no well yet I am learning with that kind of channel no only landlord is seeing your channel tenants too I want learn how to buy a house and look found this channel Thank you for your job brother God bless you am I understand every word how you refer to client nice

@dvega5657 3 жыл бұрын

Your English is very good my friend

@44574457maw 3 жыл бұрын

@@dvega5657 Thank you with a dictionary on hand and time with this pandemic to learn everyting is possible

@krishaskins 3 жыл бұрын

wow, now this is an unexpected but welcomed comment. I never thought the actual tenants would watch these videos. Maybe there's a market we could help get tenants to become owners, good point. I'll look into that... thnx for watching... and having the guts to comment. most won't and they have english as their first language

@Adam_S4 3 жыл бұрын

Good luck brother🙏🙏🙏

@felixhernandez9793 3 жыл бұрын

You sound like someone that will not be on section 8 very long. Stay positive and make smart financial decisions and you will own your own place very soon. Trabaja duro, guarda todo el dinero que puedes guardar, no uses dinero que no tienes (tarjetas de credito), y pronto vas a tener suficiente para comprarte una casita.

@lilyrose7082 3 жыл бұрын

No matter what, those section 8 vouchers will pay a landlord every month, even if lately people can’t make their part of the rent do to covid!

@krishaskins 3 жыл бұрын

Exactly, good or bad tenant at least u get the rent!!!!

@JustAnotherJarhead 3 жыл бұрын

@@krishaskins a portion of...

@kommunitykonnected 3 жыл бұрын

I began watching this saying lemme take a peek ..now I'm running late for work🤣 good post

@krishaskins 3 жыл бұрын

Nice, u never know what ur boy will bring to u next, make sure ur sebscribed!!!!!!

@np18 3 жыл бұрын

Amazing video Kris and Mark definitely some gems dropped in this one. Thank you for sharing and God bless.

@quelz329 3 жыл бұрын

Just the “no bottom lock” tip is worth hundreds of dollars and tons of headaches 💪🏾💪🏾💪🏾 Thank you !

@marcthelandlord2269 3 жыл бұрын

The bottom lock trick amazes me almost daily lol.

@cliffordholbert9239 3 жыл бұрын

I agree with you. Never thought of that. I'd never have same deadbolt key for every unit thou. To much potential for theft.

@reptilewizz Жыл бұрын

What’s the difference if you have a property management company? you wouldn’t be getting those late night calls

@DapperChe 2 жыл бұрын

I just want to say thank you brother. Thank you for the gems that you give us for free, and all of the knowledge that you have passed on to us for years. I appreciate you!

@srystr77 3 жыл бұрын

Best 12 minutes I've ever spent watching KZfaq. This was so informative

@jameslemon1832 3 жыл бұрын

Great video, 60% of my portfolio is Sec 8. Colleagues laughed at first, and even the insurance company tried to tell me how many houses I could have. Purchasing more homes and my first option is always Make it Sec. 8 ready!

@dominickosteris1738 3 жыл бұрын

My lending officer loves the fact that 90% of my portfolio is sect 8. Private renters in a Blue state (Illinois) know that the laws are against landlords when there is an eviction

@relaxlife4480 2 жыл бұрын

what lender you used?

@RellPurnellakaCarshowRell 3 жыл бұрын

Great insight as a newbie for sec 8 rentals this video has tons of value

@marciabluemedia2903 3 жыл бұрын

Thanks for the wisdom and knowledge of this whole video. You guys are greatly appreciated. Thank you!

@francisdouglas6118 3 жыл бұрын

Outstanding content!! I have quite a few properties and and I learn something new everytime I tune in to your channel.

@krishaskins 3 жыл бұрын

U know, I love this comment, even if you know tons, have tons of properties and wisdom, knowledge.... its ALWAYS good to be reminded from time to time..., the master walks around in the "shoshin" mindset, an empty bucket, a beginner ready to learn. Thank you for this one!!!

@rickyp9803 3 жыл бұрын

Thank you very much Kris, This is very helpful and full of new ideas, thanks for your support.

@sylviapreston7444 3 жыл бұрын

I think this is great he helping people's who need help kudos to him

@tammika1111 3 жыл бұрын

I almost didn't watch this video. I'm so glad that I did. These were some really good nuggets that I can use for my first rental property. Thank you guys.

@krishaskins 3 жыл бұрын

Yes marc know what hes doing, I've watched him grow since 2007

@jimmyocegueda4033 2 жыл бұрын

Kris , this is the best video compared to any other video on youtube , related to rentals and investing in section 8 . Thank you for asking those questions on the appliances, that way we can find them at home depot. Thanks

@marialoves2talk 3 жыл бұрын

Wow! I needed this video to start creating wealth for my family.

@deepinthemoney4702 3 жыл бұрын

This is GOLD! Thank you!

@vzearchitect 3 жыл бұрын

Very thoroughly thought out... I'm very impressed. I will utilize your ideas/recommendations

@florcedillo7964 3 жыл бұрын

I learned a lot! One of the best videos. Thank you for sharing.

@rkips5769 3 жыл бұрын

This is a great video packed with plenty of rental property nuggets.

@EVRgreenLivingSpaces 3 жыл бұрын

You guys are dope! Your channel has truly been a God's sent! I can do this!

@kc1442 3 жыл бұрын

Thank you so much for this informative video. It was amazing and I leaned a lot! This is GOLD!

@balla2828 3 жыл бұрын

Learned a lot from this video btw. Great insights provided. 💯

@joemjoza9803 3 жыл бұрын

This is amazing and absolutely one of the best videos on KZfaq. Can you get Marc to do another video with you?

@staqqq9263 3 жыл бұрын

Man you have some of the most Detailed videos i have seen yet. You will not let them finish the walk through without them pointing out the things we may not understand. Im getting started myself. Im going to try the section 8. I really appreciate the content bro. Thank you... PRICELESS

@krishaskins 3 жыл бұрын

I love it, i simply think about myself back in 2004, and all the questions I had. Lord knows I do my best to put myself in your shoes to bring massive value.. I love you too!!! I want you to succeed...

@fullwisewords 3 жыл бұрын

@@krishaskins I agree with the above comment, I appreciate your questions to the landlord

@danielcampos502 2 жыл бұрын

Did you try itv

@chowhoundlifeonabudget2907 2 жыл бұрын

My family together have built a small legacy off this business. We've owned up to 73 apt buildings at one time now we're down to 24. We were here in Los Angeles at one time the biggest SEC-8 Vender in the city. There are ups and downs but if you diligently keep your properties up you will not have any problems with Housing Authority

@anthonywyche8667 3 жыл бұрын

I going to make my next property on the same format that you have your rental property. (Low water and electric usage). I love the ideas you have about saving money on your rental property's. THANK You so much for your input on Low-No maintenance income property's!!!!

@janelleshanakay 3 жыл бұрын

This is good ! Thanks, Kris!

@atlygroup 3 жыл бұрын

Thank you! Very informative. I giggled at when he said "stigmata" ha ha

@jaredcarmo321 3 жыл бұрын

So many cool ideas here. Thanks man- Awesome Video!

@richarddawdy8488 2 жыл бұрын

Thank you folks that invest in HUD and Section 8 housing. You make lie better for us poor people. Been on the program for 10 years now. If I didn't have it I'd be dead due to health.

@ferulloscoasting6432 3 жыл бұрын

I'm sure happy to come across this channel. I appreciate the knowledge drops brother keep them coming. Subscribed

@krishaskins 3 жыл бұрын

Welcome aboard! Thnx for supporting my crazy world..

@jwthor2020 3 жыл бұрын

Excellent information even for first time home owners on a serious budget thank you Sir.

@trumanshooker 3 жыл бұрын

A ton of value. Thank you!

@mvw7008 2 жыл бұрын

This informational video is PRICELESS!

@chevonnestaton4757 3 жыл бұрын

Love those mini splits we had them in Europe glad they are becoming more available here

@reeeek2017 3 жыл бұрын

Thanks. Great content every time!!!!!!

@smartmoneycafe1057 3 жыл бұрын

Hey Kris it’s Sean from SMC. Excellent content! Packed with gold. The Smart Money Cafe community is watching 👍🏽

3 жыл бұрын

Very great information, here in Michigan all the floors must be covered, all windows must open , close and lock, but all the information for section 8 is the same great info thanks again

@BJNeyer 3 жыл бұрын

You can use plastic spackle to patch holes and use a wet sponge to smooth out the patch before painting.

@shelleygreyrealtor 3 жыл бұрын

I really love your videos. You put a lot of hard work in and it shows. I don't always agree, but it's good to see different perspectives. This video is excellent!

@krishaskins 3 жыл бұрын

Thank you very much! YES, it's a ton of work to keep this train going,

@Realizinq 3 жыл бұрын

These tips n tricks only shit you could learn from yearrrsss of experience, glad i came across this video i can learn from yall from states away. Great video all around💪🏼

@krishaskins 3 жыл бұрын

true dat, that's just was I thought when I roll w/ Marc

@rkips5769 3 жыл бұрын

This is great video that offers plenty of golden nuggets.

@Suzy-nq2yc 3 жыл бұрын

Just found your channel. Loving the info. Never thought about section 8!

@krishaskins 3 жыл бұрын

ok, i'm glad to have brought some value to your life on this. Please let us know how it goes, maybe we can get you on the channel.

@kandrea08 3 жыл бұрын

Lots of helpful tips. Thanks 💜

@LaddDentalGroup 2 жыл бұрын

Great info!! Thanks so much for the content

@waz1167 3 жыл бұрын

Thanks for the great video!

@nosyabankhead7076 3 жыл бұрын

One of the best videos I've ever seen.

@brittanyclark3799 3 жыл бұрын

Thanks for shedding light on the section 8 program. Its been stained with an awful stigma and you all are breaking those down. I take it personal in a positive way! Thank you! 👌🏾

@krishaskins 3 жыл бұрын

U know, I'm honestly just spreading the truth about partnering w the biggest business in the land. It's been so good to me so I cant help but share, esp when I see so many landlords going through hell in this time. Thnx for supporting

@shaiwestthebrand2163 3 жыл бұрын

This was awesome Thank you both

@douglassestates8290 3 жыл бұрын

So dope! Great subject matter!

@MsPackman4 3 ай бұрын

What a blessing this video is! Thank you both for making it! 🙏🏻🙏🏻

@krishaskins 3 ай бұрын

YES, it's an honor to bring my friends out to share their stories to help👉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

@Brehon_TalkingFinance 3 жыл бұрын

This was exceptional. Great stuff..

@vs0063 Жыл бұрын

Love this channel, great information and tour! 🎉

@EryckaDorean 2 жыл бұрын

Fabulous content! Your video just popped up on my feed, and I'm glad it did. Keep up the great work! Happy New Year!

@krishaskins 2 жыл бұрын

Happy new year! thnx so much for supporting our mission,

@selcast2129 3 жыл бұрын

Thank you for this information. I’m learning a lot. 🙏🏼

@krishaskins 3 жыл бұрын

You are so welcome, thnx for letting us serve..

@schebania 3 жыл бұрын

Keep the videos coming!!!!!!

@mr_jeff2932 3 жыл бұрын

This an amazing video. I am local and I will look for both of you before I buy

@vicneshkeysightscope1775 3 жыл бұрын

awesome information guys!

@DJTrinivibes4U 3 жыл бұрын

Marc has it on lock 💪🏾💪🏾💪🏾 wow great info thanks🙏🏽🙏🏽🙏🏽🙏🏽🙏🏽

@bryantholmes3273 3 жыл бұрын

Thanks for the information.

@thebackwoodsfamily 3 жыл бұрын

One of your best vids.

@inthelifeofblackice1010 3 жыл бұрын

💪 I was in Hampton roads for 6 years love it

@ThaRealERAQ 3 жыл бұрын

one of the best real estate channels PERIODT

@krishaskins 3 жыл бұрын

Thnk u thnk, the roundup loves u

@FC-yq4th 3 жыл бұрын

Great video, Kris!

@relaxmeditatechill3323 3 жыл бұрын

Great content 👊🏽

@Corey4Jesus 3 жыл бұрын

This video is amazing! Thx!!!

@D3Sue 2 жыл бұрын

Thank you. This was so helpful and encouraging. I thought there were only 2 choices for the air. Window units or expensive central air installation. Love the alternative. Other wins are the door locks and windows with a lifetime guarantee.

@hatchett999ify Жыл бұрын

It’s not expensive when you’re getting paid fair market rents. If you weren’t on section 8 the standards to get fair market rent are high. Everything needs to be updated and Central Air is a must. If not then the rents are low.

@Dan-yi2hw 10 ай бұрын

what windows did he suggest

@t.k.3895 2 жыл бұрын

The Gems in this video! Why it took me so long to watch I don’t know.

@davidboatswain992 3 жыл бұрын

This was an awesome and informative video. Thank you both.

@krishaskins 3 жыл бұрын

Yes, marc is a beast. Thnx

@3DogSound 2 жыл бұрын

This was great. Thanks.

@iBarber504 3 жыл бұрын

You know what doc, I appreciate this video and your guest. He is very knowledgeable and I will be implementing this on my rental property upcoming here in the spring.

@creatormom123 Жыл бұрын

I love this..decent landlords willing to rent todecdnt section 8 tenants is definitely needed

@EEAlpha 2 жыл бұрын

Thank you for this video. Sincerely. I Subscribed.

@lanyg.6492 Жыл бұрын

Bless you guys for this wisdom 🙏🏾 ❤

@chiefr31 3 жыл бұрын

Great video Chris. Im a huge fan! Very informative!

@krishaskins 3 жыл бұрын

Hey my friend, thnx so much for watching.

@jimmyocegueda4033 2 жыл бұрын

Kris , im getting the same stuff for my rentals. Truly my favorite video for rentals on youtube.

@krishaskins 2 жыл бұрын

sweet, it's so cool to share my friends with you. thnx for checking us out.

@jotarokujo4333 3 жыл бұрын

Good info . Thank you

@ms.t.7319 3 жыл бұрын

Re-watched. Great advice!

@farrahsaidi7194 3 жыл бұрын

Wonderful video thanks👍

@SavingsForYou 3 жыл бұрын

I like the stove top fire stopper and metal backsplash

@kenyalewis2419 3 жыл бұрын

It’s the side hat for me! Great video thank you so!!

@danferritto1 Жыл бұрын

Thank you for this video. I learned so much. Great work.

@krishaskins Жыл бұрын

Yes mark is a beast , thnx for supporting

@SethKimStudio 3 жыл бұрын

this is awesome. thanks

@alliedbellkeyrealty6132 2 жыл бұрын

Marc is the MAN...

@collinbaptiste5619 11 ай бұрын

Mark, you're a flipping genius, bro 🎉 👏🏾

@realestateking9180 3 жыл бұрын

Nice video thanks for sharing.

@mariosmith8475 3 жыл бұрын

Great information.

@mayanmono 2 жыл бұрын

Awesome video!

@sheilagibson2569 3 жыл бұрын

I just found your channel and this is 20/20 and my landlord doesn't do anything just keep receiving a check and just recently his workers stiff me on any work that need to be done and left everything I mess I had everything all smashed in my dining room also they broke my smoke detectors slapping paint on the wall I had to redo everything