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To: GraceZ who wrote (96891)4/20/2001 1:10:53 PM
From: edamo  Respond to of 436258
 
grace...apparently you know the "secret" of how to profit under a federal subsidy program....

wasn't intimating any altruism....i've got friends who basically buy burn outs in the inner city, rehab enough so the toilets flush for the inspector, throw up a lot of paneling and dropped ceilings and rent away....it's a gritty game, unfortunately that must be played in a less then ethical fashion......the attitude is let the tenant trash it....sad, but true......

ed a.



To: GraceZ who wrote (96891)4/20/2001 1:11:59 PM
From: Ralph W.  Read Replies (1) | Respond to of 436258
 
Grace, I'm curious. Do these section 8 landlords use insurance? My guess is not because of all the damage (prohibitive rates?). R