Your Investor's Guide on How To SUCCEED in Section 8 Housing Rentals

 

Chapter 19

Mistakes

7 of our most costly and crucial mistakes. 7 mistakes you don’t want to make.

"MISTAKES WE MADE AND WHAT YOU CAN DO TO PREVENT THEM.
Well, not to sound like a smart ass, but if you read this book from front to back your going to prevent about 1000 mistakes. Money saving mistakes, time saving mistakes, financing mistakes, etc. That’s right, you name the category and we made the mistake! It’s not that we were two idiots, its just that we didn’t have any experience. That’s what this book is all about, an experience in the world of Section Eight Housing. Nick and I lived it..."

"I’ve heard people in this field say the experience of being a section 8 landlord is something you can’t prepare for, you have to figure out and solve the problems as they come at you. My answer to that comment would be, “Bullshit”! Had I bought a copy of
this book about 8 years ago I would have saved myself hundreds of thousands of dollars, about 10,000 hours of time and at least 1 million headaches!..."

"We learned by trial and error. At the time, there was no other way. We asked a ton of questions and came up with a ton of great ideas. If an idea worked, we added it to our repertoire and repeated it as much as possible. If it didn’t, we scrapped it and tried something else. Never after trying something that didn’t work did we think we failed. We went by Ben Franklin’s motto, “I never failed, I just found 10,000 ways that didn’t work.”..."

"They say you learn from your mistakes, but be smart, learn from someone else’s mistakes, Mike and Nick’s! Eight years worth of mistakes wrapped up in one book..."

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