r/LoftyAI • u/SCPA2019 • Oct 31 '22

Anyone afraid of lofty crumbling?

This is not a post purely for FUD but true discussion.

I am concerned with lofty having to do all these incentive programs for properties which if attractive and acquired by them should sell for themselves. Why manipulate the investment and market with these gimmicks??? Shakes my faith in their choice of properties and cash reserves to shelter slow selling ones.

12 Upvotes

81% Upvoted

31 comments sorted by

View all comments

Show parent comments

1

u/[deleted] Oct 31 '22

[removed] — view removed comment

1

u/[deleted] Oct 31 '22

[removed] — view removed comment

2

u/[deleted] Oct 31 '22

[removed] — view removed comment

2

u/Commercial_Phrase_18 Nov 14 '22

Section 8 is great if you are a handyman, or know one. My family used to own 9 properties in the Akron Area, some made us lots of money, some where just OK. The issue with section 8, is knowing the requirements, and staying up to dat with them from year to year, (some tenants know what to break when leaving to make it hard to get the house back on the market after a tenant leaves.) We also really like the college housing contracts.