Ep58: CashFlow You Can't Stop: Why Owning Government Section 8 Housing Can Be a Great Investment - Marco Kozlowski
Big Fat Real Estate Checks
Marco Kozlowski
5 • 957 Ratings
🗓️ 4 February 2021
⏱️ 17 minutes
🧾️ Download transcript
Summary
Also known as the Housing Voucher Program, this federal program assists low-income renters by providing vouchers that can be used for their monthly rent and utilities. In this episode, Marco and his co-hosts discuss some of the qualifications and the pros and cons of dealing with the Government Section 8 Program.
WHAT YOU’LL LEARN FROM THIS EPISODE
- Who are qualified and eligible for this Government Program.
- How this Housing program works for qualified families or individuals
- Benefits of being eligible for the program.
- Some responsibilities of qualified tenants.
- Rules and government policies that must be followed to avoid disqualification from the program
RESOURCES FROM THIS EPISODE
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CONNECT WITH US
- Email: [email protected]
- Website: https://marcokozlowski.com
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- Instagram: https://www.instagram.com/marco.kozlowski/
Transcript
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| 0:00.0 | I love Section 8. I've had some terrible experiences, and I've had some really good experiences, |
| 0:04.6 | but the terrible experiences were my own fault for not being educated knowing what to do and |
| 0:07.8 | how to manage these things correctly, and so I learned and grew and fixed it, and now I love it. |
| 0:15.6 | Welcome to the Big Fat Real Estate Checks Podcast with Marco Kuzlowski, where we help investors |
| 0:22.1 | like you get the knowledge and skills you need to replace your J-O-B with passive cash flow for life. |
| 0:30.2 | Hey, Marco here. I really wanted to share with you our earlier podcasts that we created. |
| 0:35.6 | Now, our mics were not the best, but the content was really strong, and I know you will learn a lot. |
| 0:42.6 | We had an absolute blast recording this, and I know you're absolutely going to love it |
| 0:47.3 | as much as we loved recording it. This extremely content-rich information will not only give you |
| 0:53.6 | the edge in your real estate investing business, but in everyday life. Enjoy! |
| 1:00.7 | Okay, welcome back to another episode where we're going to discuss Section 8, |
| 1:05.7 | or the voucher program, a program that was created not too long ago, |
| 1:10.7 | in the 1930s during the Great Depression, where the government was involved in social housing. |
| 1:16.1 | They actually owned the real estate, realized that they were terrible at managing things, |
| 1:19.5 | and decided to go into the private sector and allow homeowners to open up their doors to |
| 1:26.5 | their tenants, that were in the Section 8 program, and of course now is called the voucher program. |
| 1:31.0 | We're going to discuss the pros and the cons, the goods and the bads and the uglys of dealing with |
| 1:35.6 | Section 8, or voucher program tenants. I actually had one for one of our homes we had in Florida, |
| 1:42.3 | near Tampa, where they came, and that was the first time I think I've ever been, I heard about |
| 1:47.1 | Section 8. I know the surroundings, so maybe we should talk about what exactly they do, who |
| 1:51.8 | qualifies for Section 8. So how did someone get involved? You explained why, like I know in Canada, |
| 1:56.9 | I think maybe in Montreal too, or in Montreal as part of Canada. I know in Ontario. |
... |
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