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Many fear what they don’t understand. That’s exactly why we put together this round table discussion with two other great CHA section 8 property managers. Listen in as we address the entire workflow from screening the applicants, to the move in, and everything that happens in between. Section 8 can be a great investment strategy, but it’s imperative you understand how it works...ESPECIALLY in a city like Chicago. If you learned something today, please leave us a review and share us with a friend. Enjoy the episode! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Jared Kott (Email: Jared.kott@marblestonepg.com) and Eric DeLeon (Email: Office@philtonllc.com) of Chicago Section 8 Sponsor: Appeal.tax and Showdigs Link: HCV Inspections Link: Mobility Counseling Program Link: BiggerPockets: Real Estate Investing Community & Advice Link: One Rental At A Time: The Journey to Financial Independence through Real Estate Link: Chicago Section 8 Housing Resources ----------------- Guest Questions Jared, How do you respond to questions about accepting section 8 tenants? 9:00 Screening section 9:40 Eric, how do you screen section 8 tenants? 9:40 How do you account for utility costs with section 8? 11:20 Rent burden worksheet collection 14:40 How do extra costs like pets or garage get accounted for? 17:25 Paperwork question section 21:25 Best practices for submitting paperwork to the CHA? 22:30 Inspection section 30:45 Wrap Up Questions What are some best practices for inspection day? 31:30 What are some common fails on the initial inspection that can be avoided? 34:30 What are “emergency fails”? 44:00 What is rent abatement? 44:50 What is the typical timeline of a section 8 tenant? 49:00 What is the mobility program? 51:30 What is one piece of advice you’d tell someone who has never purchased sec 8? 53:44 What do you do for fun? 54:50 What is a good self development activity you’d recommend? 55:20 Who is one person you’d recommend? 56:20 That’s our show! Thanks so much for listening! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.
Blase N. Polite, MD MPP University of Chicago Section of Hematology/Oncology Center for Interdisciplinary Health Disparities Research
If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to digicomm@uchicago.edu. A talk by Brian C. Gahan, Energy Consultant; Chair of the Chicago Section of the American Institute of Chemical Engineers; former Senior Scientist and Manager of E&P Technology Development at the Gas Technology Institute. Session 4 of the conference "Petroleum: Prospects and Politics." Sponsored by the Chicago Society. Co-sponsored by the Student Government of the University of Chicago, The Graduate School of Business at the University of Chicago, The George J. Stigler Center for the Study of the Economy and the State, The Global Voices Fund at International House, The Norman Wait Harris Fund at the Center for International Studies, The College of the University of Chicago, The Office of Community Affairs at the University of Chicago, and The Irving B. Harris Graduate School of Public Policy Studies.
If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to digicomm@uchicago.edu. A talk by Brian C. Gahan, Energy Consultant; Chair of the Chicago Section of the American Institute of Chemical Engineers; former Senior Scientist and Manager of E&P Technology Development at the Gas Technology Institute. Session 4 of the conference "Petroleum: Prospects and Politics." Sponsored by the Chicago Society. Co-sponsored by the Student Government of the University of Chicago, The Graduate School of Business at the University of Chicago, The George J. Stigler Center for the Study of the Economy and the State, The Global Voices Fund at International House, The Norman Wait Harris Fund at the Center for International Studies, The College of the University of Chicago, The Office of Community Affairs at the University of Chicago, and The Irving B. Harris Graduate School of Public Policy Studies.
A talk by Brian C. Gahan, Energy Consultant; Chair of the Chicago Section of the American Institute of Chemical Engineers; former Senior Scientist and Manager of E&P Technology Development at the Gas Technology Institute. Session 4 of the conference "Petroleum: Prospects and Politics." Sponsored by the Chicago Society. Co-sponsored by the Student Government of the University of Chicago, The Graduate School of Business at the University of Chicago, The George J. Stigler Center for the Study of the Economy and the State, The Global Voices Fund at International House, The Norman Wait Harris Fund at the Center for International Studies, The College of the University of Chicago, The Office of Community Affairs at the University of Chicago, and The Irving B. Harris Graduate School of Public Policy Studies.
A talk by Brian C. Gahan, Energy Consultant; Chair of the Chicago Section of the American Institute of Chemical Engineers; former Senior Scientist and Manager of E&P Technology Development at the Gas Technology Institute. Session 4 of the conference "Petroleum: Prospects and Politics." Sponsored by the Chicago Society. Co-sponsored by the Student Government of the University of Chicago, The Graduate School of Business at the University of Chicago, The George J. Stigler Center for the Study of the Economy and the State, The Global Voices Fund at International House, The Norman Wait Harris Fund at the Center for International Studies, The College of the University of Chicago, The Office of Community Affairs at the University of Chicago, and The Irving B. Harris Graduate School of Public Policy Studies.