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His Rentals Are All Cash Flow - No Vacancy, And No Repairs With Spencer Carpenter (Episode 474) 

Rental Income Podcast
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Spencer shares the details of renting his property to short-term transitional housing tenants.\
The organization he works with not only pays for repairs on the property but also covers the rent, whether a tenant is placed or not, and takes care of the utilities.\
This arrangement ensures Spencer's steady and reliable income, making renting to short-term transitional housing tenants a profitable proposition financially.
Spencer also details his challenges getting his property up and running, from cost overruns to construction delays.
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26 сен 2024

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Комментарии : 3   
@JC-qu7iw
@JC-qu7iw 3 месяца назад
I also operate a transitional housing program from one of my rental units. But I never heard of the housing program covering the cost of repairs and such. I operate a rent-by-the-room house for an organization that's funded by the county which specializes in helping the low income population who are at risk of becoming homeless. The house is a 3 bedroom, which generates $1,500 per room, $4,500 per month. It's a great program to get into if you ever get a chance to do it because you're doing two things; 1. You're helping your community by helping the people who really need help. And 2. You're making good income.
@MyraJohnson-v4g
@MyraJohnson-v4g 3 месяца назад
Do you know how to find programs like that
@JC-qu7iw
@JC-qu7iw 3 месяца назад
@@MyraJohnson-v4g not every county offers these types of programs. I have rental homes in two different counties right next to each other and found out one county has 3 separate organizations which has variations of low income housing programs while the other county only has 1 organization that offers a low income housing program but no transitional housing rental model. So it's hit and miss, you have to do a lot of research in the county you're located in.
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