Ocala: section 8 Housing Investments.

Income Property in Ocala.
Ocala: Section 8 Housing is in huge demand. Currently,there is a waiting list for Section 8 rentals. Section 8 rental rates will be raised in the next 60 days.
Marion County has experienced a substantial increase in population during the last 3 years. The need for rental properties has expanded as many potential homeowners have been closed out due to credit restraints and the presence of relocators searching for affordable housing.


It is our opinion that investing in duplex housing between $100,000-$150,000 is a great way to maximize your profits with very little out of pocket investment. Normally, a non-conforming loan requires a 5-10% deposit.
In most cases we can have the seller assist with all or part of our closing costs, thereby offsetting any additional expenses.
Rents for Section 8 housing runs as follows;
Studio Apts = $495.00 per month
1 Bedroom = $510.00 per month
2 Bedroom= $599.00 per month
3 Bedroom= $786.00 per month
4 Bedroom = $810.00 per month
Below is a Duplex property near Marion Oaks. This is a 2bed,2ba unit just recently remodeled.Both units are rented for $560.00 per month.
The duplex is currently listed for $140,000. Our goal is to invest in undervalued property and immediately have them rented out for our clients at a rate that will a return on your investment.
Under the section 8 housing laws, all rents are paid by the State of Florida, which means that the checks are sent on the 1st of every month.
This type of investment property isn`t for everyone, but for those seeking additional monthly income, this could very well be low risk.

Scott Daniels @954-275-0200.
Email: http://by115fd.bay115.hotmail.msn.com/cgi-bin/compose?mailto=1&msg=85F50B7E-DA6D-4892-AA9C-BDEA4DB9C932&start=0&len=11115&src=&type=x&to=realestatefla1@hotmail.com&cc=&bcc=&subject=&body=&curmbox=00000000-0000-0000-0000-000000000001&a=1c2672eeefe8449e5457503a33bbb84f1fdb26bd54c33182c315a3fd138b3cd1
Visit our web site @ www.ocalabesthomes.com