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Old 04-14-2024, 11:05 PM   #13
lamboguy
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Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,859
Quote:
Originally Posted by JustRalph View Post
Nope. I wouldn’t do Sec 8. I’m talking 4-10 units.

Texas is crazy though. Ever since the Permian basis gold/oil strike you rarely get the mineral rights when you buy a property.

Everybody thinks they will someday find oil under their property and mailbox money will be coming………
from my experience, the best tenants are traveling nurses. they come with a 13 week contract and they usually extend those contracts for another 13 weeks or more. they work 12 hour days and are to tried to damage your property. you can break up your units and rent them to multiple nurses as well. you advertise over this platform called Furnished Finders. it cost $60 a year to list there. you will have a lot of flexibility with your units. in most cases you won't be regulated by any rent control or affordable housing authorities. they need those nurses in the hospitals. you can also find other tenants on that platform.
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