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re: TigerLand has gone downhill so badly!
Posted on 10/10/22 at 8:43 pm to td1
Posted on 10/10/22 at 8:43 pm to td1
quote:
As someone who used to have a complex that we ended up turning sec 8, in north br not tiger land, I can say it beats the hell out of hounding people for rent money and has guaranteed rent increases. As long as you do minimum maintenance it’s a goldmine.
We ended up selling it for at least 1/3 more than it would have had it not been sec 8.
Sec 8 is a godsend for complex owners whose properties get absorbed into the hood.
I doubt any of the owners would sell unless the offer was really good. Hard to turn down that govt auto deposit every month.
Well, at least you benefitted
Thank you for selling out and becoming dependent on Government.
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