What's new

A.D.A. compatible housing?

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

rcardin

New Contributor
LEGACY MEMBER
Joined
Oct 30, 2007
Messages
501
Location
Arlington, TX
Rep Bank
$690
User Power: 10%
My wife and I have found a property that is partially wheelchair accesible. Has anybody ever thought of using section 8 with A.D.A. (Americans with Disibilities Act) modifications to find tenants or using it as a rental point going through government agencies?
Just a brainstorm we had. Seems like it coud be a niche market. The idea is to hopefully have a waiting list for tenants needing that kind of housing.
 
Hey RC. Good to see you're still going at it. Last fall I bought a property and asked some rehab questions around here. Diane Kennedy said something about having the feds helping out with 50% of construction costs to make a structure ADA compliant. I didn't follow through with it. You may want to contact her about making yours compliant. Good luck, sounds like you may have a great idea.:thumbsup:

Greg
 
I had a contract in a house that was just like that. It was used as a nursing home and by that they were pulling thousands in positive cashflow. But this was a business, and I was not interested in running that business, so I let that one go. I did find that very interesting.
 
The question would be, do ADA people go Section 8. If so, I think that is a genious move.

Rep+ for that one
 
Section 8, social security benefits, your neighborhood blue collar worker with a kid with a disability. What are theie choices for housing?
This is a brainstorm that I think may have a long term benefit to society as well as investors.

BTW my wife teaches Special Ed kids and has a passion for it.
 
Quick update...

Went to look at the house. 3br 2 ba 2car garage Needs at least 10k in foundation and total make over. Repo asking 44.9k ARV based on comps from the neighborhood are around 77k. Average time on market 88 days in that area.

Emailed Dallas Housing Authority to find out if there is a need for this type of housing
 
Hey RC what was the answer from Dallas Housing Authority?
 

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom