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July 8, 2009 by Chris.
Below is a link to an online database provided by HUD that lists the official 2009 Fair Market Rent (FMR) for Chicago; other cities are also available from this database. This is good information to know as Section 8 rents are based off of these numbers.
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July 6, 2009 by Chris.
Below is a link to see if a property is in a CRA zone. If so, it may be eligible for lower property taxes.
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July 6, 2009 by Chris.
The link at the bottom can help you start gathering info on the Section 8 process in Chicago. We plan on writing a bunch of articles related to this topic as there is much opportunity in buying cheap SFH’s, fixing them on the cheap, and renting out to Section 8 tenants. The best part - you have your rent direct-deposited to your account on the first of each month straight from the government.
This strategy involves:
Property Owners | Chicago Housing Authority
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