Today on the BiggerPockets Podcast we jump straight into the nitty-gritty with a real estate broker, investor and property manager from the greater Chicago area.
Mark Ainley brings a fresh perspective on how to successfully invest in lower-income rentals and goes deep into the details of everything you'd need to know, covering acquisition to rehab to management, straight out of of his experience investing in the notorious South Side Chicago area.
Today's show also gives great insight on the in's and out's of Section 8 housing, the program that has the government paying a portion (even up to 100%) of the rental income for the tenant. Mark also covers a lot of the managerial secrets behind being a successful property management company and gives you specific criteria on how to vet property managers.
This show is really meaty so be sure to grab a pen and paper for notes... and with that, let's jump into it!