Commonly Asked Questions and Answers Regarding Private Money Lending

Commonly Asked Questions and Answers Regarding Private Money Lending

Welcome to Indiana Portfolio 8 – Transforming Real Estate for Sustainable Income

Unlocking the Potential of Section 8 Housing in Indiana

Overview:

At Portfolio 8, we are committed to providing safe and affordable housing solutions while maximizing returns for our investors. Our latest endeavor involves the acquisition of an 8-property portfolio in Indiana with a focus on preparing units for Section 8 housing. With strategic planning and efficient management, we aim to transform these properties into stable income generators, benefiting both tenants and investors alike.

Key Features:

  • Expanded Portfolio: Our acquisition comprises 8 properties strategically located in Indiana, offering diverse housing options in key neighborhoods.
  • Section 8 Ready Units: Through our proactive approach, we are preparing these properties to meet Section 8 housing requirements, ensuring accessibility to government-assisted rental programs and fostering long-term tenant stability.
  • Rental Income Enhancement: By implementing effective management strategies and property improvements, we have increased total rental income from $4,000 per month to $6,800 per month, optimizing cash flow and maximizing returns for our investors.
  • Operational Efficiency: With streamlined operations and diligent expense management, operating expenses are maintained at approximately $1,500 per month, enhancing overall profitability.
  • High Occupancy Rate: Our properties boast an impressive 80% occupancy rate, reflecting strong demand and consistent rental income.
  • Long-Term Tenancy: The average length of stay for tenants is 2 years, highlighting the desirability and stability of our properties in the local rental market.
  • Private Money Lender Partnership: This project was made possible through a strategic partnership with a private money lender, who provided a 20% down payment with a competitive 15% return within 12 months, showcasing our commitment to delivering attractive returns to our financial partners.

 

Financial Snapshot:

  • Portfolio Purchase Price: $346,000
  • Total Gross Rental Income: $7,200 per month
  • Operating Expenses: $1,968.42 per month
  • Cash Flow: $5,232
  • Occupancy Rate: 80%
  • Average Length of Stay: 2 years
Gallery:

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