Lex Levinrad Real Estate Investor, Speaker, Author & Mentor

On this podcast episode I talk about turn key section 8 rental properties. I walk you through a case study of a rental property that we currently have listed on the MLS for sale for $60,000 to show you the numbers and the returns that are possible by investing in turn key section 8 rentals. In this case study the property can be purchased for $60,000 and would only require a down payment of $12,000 to purchase. After closing costs, the initial cash investment would be only $13,000 and the property would be managed and turn key (meaning you as an investor would not need to do anything). The Gross Annual Rental Income on this property is $8,400 and after factoring in mortgage payments property taxes, insurance, repairs, vacancy and property management this property would return $2,252 on the investment of $13,000 which is a 17.3% return. I have all of the numbers and the breakdown at this link: http://www.lexlevinrad.com/section8 If you are brand new to real estate and want to learn more about how to wholesale