EPISODE · Aug 15, 2024 · 44 MIN
How to Turn $800K Triplex Into $9,000 Rent / Mo. Section 8 Property in Greater Boston - Lily Duong
from Affordable Housing & Real Estate Investing
🤔 Curious how an $800K investment during COVID led to double-digit returns while earning $9,000 in rent per month backed by the government in an AMAZING Greater Boston neighborhood? "Boston’s real estate market is too expensive!" That's what you hear all the time, but during the pandemic, Lily ( @lilyy_duong ) spotted an incredible opportunity. By leveraging a low-interest rate and smart property choices, she turned an $800K investment into a property generating almost $9,000 in rents per month! AND it appreciated over $200K in just 4 years!On the latest episode of "Affordable Housing & Real Estate Investing", you'll learn:• Real-life example of a Section 8 property that Lily purchased: every detail from the initial purchase to renovations and finally renting the units out!• What are the MYTHS of Section 8 Tenants and how different Lily's experience has been• Provides insights to help you replicate this success in your market. Follow Lily Today @lilyy_duong and contact her for her Transaction Coordination services: [email protected]📢 DISCLAIMER - ALL INFORMATION & DETAILS SHARED ARE MEANT TO BE FOR ENTERTAINMENT PURPOSES ONLY. THIS IS NOT LEGAL, FINANCIAL, INSURANCE, TAX, OR INVESTMENT ADVICE. THIS IS NOT A SOLICITATION FOR ANY INVESTMENTS AND SHOULD NOT BE CONSTRUED AS SUCH IN ANY FORM. 📌 All investments have risks. This is not an offer to purchase securities. 📌Check out https://affordablehousing.io to stay up to date on our latest content and project updates by joining our community full of Affordable Housing investors! 👉 Subscribe to the channel for more content on real estate development, affordable housing, and industry secrets!🔔 Don’t forget to like, comment, and share if you find this video helpful or interesting! #BostonMarket #HighReturnInvestments #RealEstateSuccess #FinancialFreedom #PropertyInvestor #SmartInvesting #MonthlyCashFlow #PropertyWealth #RealEstateGrowth #InvestmentStrategy #BostonRentals #PassiveIncome #RealEstateReturns #MultifamilyInvesting 00:00 Podcast Highlights02:10 Intro 05:38 From $200K to $1 Million: A Real Estate Deal in Boston’s Hottest Neighborhoods!08:12 How to Turn $800K Triplex Into a $9K Rent / Month via Section 8!15:51 Section 8 Tenants: Busting the Myths – What Landlords Need to Know20:34 Renting Gone Wrong: How I Learned the Hard Way with a Late-Paying Tenant29:33 Amazing Section 8 Tenant Stories: How One Gave Back More Than Just Rent 33:54 What is your role in real estate, and what projects are you currently working on?37:24 Do you have any creative finance story?40:59 How/Where to contact Lilly?41:21 Why is Affordable Housing so hard to solve for?
What this episode covers
🤔 Curious how an $800K investment during COVID led to double-digit returns while earning $9,000 in rent per month backed by the government in an AMAZING Greater Boston neighborhood? "Boston’s real estate market is too expensive!" That's what you hear all the time, but during the pandemic, Lily ( @lilyy_duong ) spotted an incredible opportunity. By leveraging a low-interest rate and smart property choices, she turned an $800K investment into a property generating almost $9,000 in rents per month! AND it appreciated over $200K in just 4 years!On the latest episode of "Affordable Housing & Real Estate Investing", you'll learn:• Real-life example of a Section 8 property that Lily purchased: every detail from the initial purchase to renovations and finally renting the units out!• What are the MYTHS of Section 8 Tenants and how different Lily's experience has been• Provides insights to help you replicate this success in your market. Follow Lily Today @lilyy_duong and contact her for her Transaction Coordination services: [email protected]📢 DISCLAIMER - ALL INFORMATION & DETAILS SHARED ARE MEANT TO BE FOR ENTERTAINMENT PURPOSES ONLY. THIS IS NOT LEGAL, FINANCIAL, INSURANCE, TAX, OR INVESTMENT ADVICE. THIS IS NOT A SOLICITATION FOR ANY INVESTMENTS AND SHOULD NOT BE CONSTRUED AS SUCH IN ANY FORM. 📌 All investments have risks. This is not an offer to purchase securities. 📌Check out https://affordablehousing.io to stay up to date on our latest content and project updates by joining our community full of Affordable Housing investors! 👉 Subscribe to the channel for more content on real estate development, affordable housing, and industry secrets!🔔 Don’t forget to like, comment, and share if you find this video helpful or interesting! #BostonMarket #HighReturnInvestments #RealEstateSuccess #FinancialFreedom #PropertyInvestor #SmartInvesting #MonthlyCashFlow #PropertyWealth #RealEstateGrowth #InvestmentStrategy #BostonRentals #PassiveIncome #RealEstateReturns #MultifamilyInvesting 00:00 Podcast Highlights02:10 Intro 05:38 From $200K to $1 Million: A Real Estate Deal in Boston’s Hottest Neighborhoods!08:12 How to Turn $800K Triplex Into a $9K Rent / Month via Section 8!15:51 Section 8 Tenants: Busting the Myths – What Landlords Need to Know20:34 Renting Gone Wrong: How I Learned the Hard Way with a Late-Paying Tenant29:33 Amazing Section 8 Tenant Stories: How One Gave Back More Than Just Rent 33:54 What is your role in real estate, and what projects are you currently working on?37:24 Do you have any creative finance story?40:59 How/Where to contact Lilly?41:21 Why is Affordable Housing so hard to solve for?
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How to Turn $800K Triplex Into $9,000 Rent / Mo. Section 8 Property in Greater Boston - Lily Duong
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