When most people think about <a href="https://www.biggerpockets.com/blog/section-8-tenants-pros" rel="noopener noreferrer" target="_blank">section 8 housing</a>, they think of run-down homes, troublesome tenants, and negligent landlords. This stereotype may prove true in some markets, but for <a href="https://joeasamoah.com/" rel="noopener noreferrer" target="_blank">Dr. Joe Asamoah</a>, this is far from reality.Joe has built his real estate portfolio by renovating homes to an incredibly high standard, situated in some of the best neighborhoods in the DC market, and all while under section 8 housing. Joe figured out early on that section 8 housing authorities gave much more rent money for houses with 5 bedrooms and up, so he started <a href="https://www.biggerpockets.com/blog/how-to-renovate-house" rel="noopener noreferrer" target="_blank">renovating</a> to match the rent section 8 could provide him. This not only allows him to take home a sizable profit, but score tenants who will respect his homes as their own, and stay there for 15 to 20 years minimum. This is no joke, Joe has tenants who have been with him for two decades!You’ll see a deep dive of Joe’s latest property in today’s episode, complete with pictures, videos, and other helpful visuals. If you’re only listening to this podcast, we’d highly recommend checking out the video version over on the <a href="https://www.youtube.com/user/BiggerPockets" rel="noopener noreferrer" target="_blank">BiggerPockets Youtube channel</a>!In This Episode We Cover:What the “Big City <a href="https://www.biggerpockets.com/blog/brrrr-numeric-breakdown-buy-rehab-rent-refinance-repeat" rel="noopener noreferrer" target="_blank">BRRRR</a>” strategy entailsHow to control tenant turnover so you have <a href="https://www.biggerpockets.com/blog/decrease-tenant-turnover" rel="noopener noreferrer" target="_blank">ZERO vacancy&nbsp;</a>Using section 8 to take in higher rentsHow to create a top tier product that attracts <a href="https://www.biggerpockets.com/blog/good-tenant-traits" rel="noopener noreferrer" target="_blank">top tier tenants</a>&nbsp;Becoming the best landlord a tenant could ask forAdding bedrooms, bathrooms, and getting permits for everything in betweenAnd So Much More!Links from the Show<a href="https://www.biggerpockets.com/forums" rel="noopener noreferrer" target="_blank">BiggerPockets Forums</a><a href="https://www.biggerpockets.com/investment-calculators" rel="noopener noreferrer" target="_blank">BiggerPockets Calculators</a><a href="https://www.biggerpockets.com/membership-types" rel="noopener noreferrer" target="_blank">BiggerPockets Pro Membership</a><a href="https://www.biggerpockets.com/youtube" rel="noopener noreferrer" target="_blank">BiggerPockets Youtube Channel</a><a href="https://www.biggerpockets.com/bookstore" rel="noopener noreferrer" target="_blank">BiggerPockets Bookstore</a><a href="https://www.instagram.com/beardybrandon" rel="noopener noreferrer" target="_blank">Brandon's Instagram</a><a href="https://www.instagram.com/davidgreene24/" rel="noopener noreferrer" target="_blank">David’s Instagram</a><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-356-joe-asamoah" rel="noopener noreferrer" target="_blank">BiggerPockets Podcast 356: 30+ Rentals (in a Pricy Market) Through BRRRR and Section 8 with Joe Asamoah</a><a href="https://www.biggerpockets.com/blog/rookie-podcast-03coronavirus-crashdos-donts-recession-veterans-joe-asamoah-steve-rozenberg" rel="noopener noreferrer" target="_blank">Rookie Podcast 03: Coronavirus Crash? Do's and Don'ts from Recession Veterans Joe Asamoah and Steve Rozenberg</a><a href="https://www.youtube.com/watch?v=ImdsgH3kKfQ" rel="noopener noreferrer" target="_blank">BiggerPockets Youtube: Big City BRRRR Strategy &amp; Recession Proof Cash Flow Real Estate with Joseph Asamoah!</a>Check the full show notes here: https://www.biggerpockets.com/show498See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

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498: Real Deal: BRRRR Deep Dive w/ Joe Asamoah (Pt 1)

BiggerPockets Real Estate Podcast