238: Rookie Reply: Section 8 Investing and Which Cash Flow Markets Make Sense w/Ashley Hamilton

Real Estate Rookie

Section 8 investing isn’t as scary as it seems. Most landlords will opt to not rent to section 8 tenants, fearing non-payment or just getting stuck with a bad renter. But, this means that the tens of thousands of potential tenants, waiting with guaranteed rent, have nowhere to stay, while you struggle to fill an empty unit. Ashley Hamilton, Detroit-based investor, thinks that not renting to section 8 tenants could be a huge mistake.

Welcome back to this week’s Rookie Reply! This time, we’ve got Cullen asking: Is it a bad idea to invest in properties out of state where the housing market is cheaper and more affordable for us? Or would it be better to save more money and invest in the market we are currently living in?

Good news for Cullen, we’ve got a cash flow market expert here to help answer his question!

If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).

In This Episode We Cover

Cash flow vs. appreciation and when to start investing out-of-state

Buying in affordable real estate markets and what to look for before you invest

Section 8 investing and how “guaranteed rent” can help boost your property profits

Action steps to take when identifying a rental market or potential investment property

Tenant screening tips that’ll keep your portfolio at 100% occupancy

The one thing you’ll need if you want to be financially free through real estate

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

Ashley's Instagram

Tony's Instagram

Real Estate Rookie Facebook Group

BiggerPockets

MLS

The BiggerPockets Real Estate Podcast

Real Estate Rookie Podcast

10 Deals on a $20K Waitress Salary With Ashley Hamilton

Investor Update: The “10 Deals on $20K/Year” Investor’s Explosive Growth

BiggerPockets Forums

BiggerPockets Calculators

Connect with Ashley:

Ashley's Instagram

Ashley's BiggerPockets Profile

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-238

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