Why is Section 8 Housing in Cleveland, Indianapolis & Detroit so Cheap? | HoltonWiseTV Highlights
Channel: HoltonWiseTV
Date: 2023-03-15

Three of the most popular cash flow markets for out of state investors are Cleveland, Ohio; Indianapolis, Indiana; and Detroit, Michigan. The reason these three markets are so popular with investors from out of state is simple, cash flow. Cleveland, Indianapolis and Detroit are among the cheapest cities in the United States. On top of how cheap the housing is in each of these markets, the rental demand from Section 8 tenants is huge. When you take housing that can be purchased for pennies on the dollar and combine it with a massive amount of Section 8 vouchers that are ready to be cash in, it's no wonder landlords are traveling out of state in droves to buy up cheap housing in Cleveland, Indianapolis and Detroit. However, there is a lot more to out of state investing that investors need to understand if they are going to turn a profit in each of these cash flow markets. Each of these markets features a ton of crime and blight. Doing the proper due diligence before buying an out of state rental property is incredibly important when you are investing in Section 8 neighborhoods like those in Cleveland, Indianapolis and Detroit. Tune in to HoltonWiseTV for more information on investing in Cleveland, Indianapolis and Detroit. HotlonWiseTV is here to help real estate investors learn the ropes when it comes to Section 8 investing. HoltonWiseTV is investing in Section 8 housing made easy.


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