Archive for the 'Definitions' Category

What is Section 8?

Section 8 is a program for low-income tenants, where the government subsidizes a portion of the rent. You can rent your houses to approved tenants, and the Section 8 program will pick up part or all of the rent every month.
Many landlords enjoy the strategy because it’s guaranteed income. The government pays their portion of […]

What is an assignable contract?


What is a “spread?”


What is flipping and is it really illegal?