Section 8 BRRRR investing seems like a niche within a niche. To start, you have your classic BRRRR strategy (buy, rehab, rent, refinance repeat), a method that many real estate investors have used to gain vast amounts of equity in short amounts of time. Then, on top of the BRRRR, you have section 8 rentals, which many investors stray away from. Both of these investment strategies can be thought of as “advanced” rental property investing methods, but combining them can almost automatically guarantee you phenomenal rent, for years (if not decades) to come.
One investor known for his expertise in both section 8 rentals and BRRRR investing is Dr. Joe Asamoah. Regularly, Dr. Joe may be the smartest person in the room and he really shines when speaking about the often forgotten benefits of section 8 rentals. While many investors simply think of D-class houses and D-class tenants when accepting section 8 vouchers, Dr. Joe disagrees.
His theory is simple—Find C or D-class properties in B-class neighborhoods, and rent to A-class section 8 tenants. The payoff? Very long-term tenants with guaranteed rent whose lives you can benefit directly. And Dr. Joe isn't just hypothesizing about this—he’s been doing this for decades and may be why he has tenants who have stayed with him for over twenty years, paying rent every month, on time.
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~~~~ Hear Joe’s Previous BiggerPockets Podcast Episodes: Part 1 of Today’s Episode: Episode 356: ~~~~ 5 Reasons Why Section 8 Tenants Are the Best Renters:
~~~~ Grab David’s Book “Buy, Rehab, Rent, Refinance, Repeat”:
~~~~ Connect with Joe: Website: Instagram: @drjoeasamoah or ~~~~ Connect with Rob (Roubilt) on Youtube and Tiktok: Youtube: TikTok: ~~~~ Connect with David and Rob on BiggerPockets and Instagram: BiggerPockets: David: Rob:
Instagram: David: @davidgreene24 or Rob: @robuilt or
Episode 575
Show notes at:
0:00 Intro 1:46 Quick Tip 5:20 Joe's Newest Section 8 BRRRR 12:10 Exterior After Pics 15:14 Interior After Pics 18:54 Rehabs, Permitting, and Red Tape 21:14 Renovating the Basement 26:43 Heavy on Rehabs, Light on Headaches 31:19 Finding Quality Tenants 40:55 Common BRRRR Problems 48:22 Final Rent and Refi Numbers 57:48 Connect with Dr. Joe!
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By: BiggerPockets Title: The Section 8 BRRRR Strategy That Beats Regular Rentals Sourced From: www.youtube.com/watch?v=_AST-i2d95o
