The Price of Bureaucracy: Removing Section 8 Landlord Pain Points Through the Investment in Technology

by Michael C. Threatt

Overview

Get Ready to Experience the Affordable Housing Game Changer as Dr. Michael C. Threatt cuts the Section 8 Program's Red Tape in his New Book. This is the perfect real estate rental investing, section 8 class book for PHAs, landlords, renting and investment property owners, and public and private housing professionals! THE PRICE OF BUREAUCRACY: Removing Section 8 Landlord Pain Points through the Investment in Technology Although the Section 8 Program is America's largest rental housing program, Section 8 voucher holders cannot find affordable units to rent around the country. Section 8 voucher holders feel like they have won the 'Golden Ticket' or the 'Powerball Lottery' but do not have anywhere to cash their winning ticket. Addressing the future of affordable housing in America, Dr. Michael C. Threatt points to the mass exodus of 10,000 landlords annually, leaving the Section 8 Program since 2009, estimated to be 130,000. This phenomenon is a key factor in the affordable housing shortage in America and the 2.3 million families that the Section 8 Program currently serves. Landlords are reluctant to participate in the Section 8 Program because of past negative experiences and having to deal with bureaucratic red tape. Landlords' perception of the Section 8 Program is institutional bureaucracy, and the bureaucratic red tape is their reality. Coincidentally, this is the unintended consequence of the price of bureaucracy which equals pain points for landlords."I have always known that the Section 8 Program's red tape was a problem that frustrated and turned landlords off from participating, said Dr. Michael C. Threatt. I felt it was my responsibility to be the 'superhero' who helped solve this affordable housing problem."This book is a revolutionary game-changer in developing better relationships between landlords and public housing authorities (PHAs). It is a roadmap to address the rental housing problem that is a part of our nation's larger affordable housing crisis.

Product Details

ISBN-13:	9781932448320
Publisher:	DR. MICHAEL C. THREATT
Publication date:	09/01/2022
Pages:	260
Product dimensions:	6.00(w) x 9.00(h) x 0.55(d)

About the Author

Michael is the Principal & CEO of Elevate Housing Solutions, LLC, and Senior Vice President & COO with Dothan Housing. He is a podcaster, author, developer, landlord, real estate investor, coach, guest lecturer, housing professional, and licensed REALTOR® with Community 1st Real Estate in Dothan, AL.Through evidence-based education, Michael enjoys changing perceptions and preconceived notions regarding the Section 8 Program. Many people call themselves industry leaders, but few can claim Dr. Threatt's diligence and academic rigor. He is among the best and brightest thought leaders to hit the scene in recent years.Threatt is known as The Section 8 Landlord Coach? and is a subject matter expert (SME) in real estate investment strategies, particularly in landlord matters for the Section 8 program. He uses his platform to provide landlords with real estate tips to increase positive cash flow and maximize their return on investment. Michael has also been featured in numerous online and print publications-like the 2022 Top 100 People in Real Estate Magazine, 2019 Rural Leader Magazine, PA Times.com, New Cities.com, and Business Journal Leadership Trust. In 2019, he won the Executive Director of the Year Award for implementing his Housing Authority of Tomorrow model. Dr. Threatt helps public housing authorities implement best practice tips to streamline their operations by investing in technology to attract, recruit, and retain landlords for their Section 8 Programs.

Editorial Reviews

His coaching was a catalyst that helped my company strategize on leasing single-family homes and multifamily apartments through the Section 8 program to create neighborhood revitalization for my hometown.

Coaching Client - DeAndre Alexander

Dr. Threatt showed me how I could invest as a Section 8 landlord and how this would help revitalize the neighborhood where I grew up while making a substantial return on investment (ROI).

Consulting Client - Samatha Thomas

When Dr. Threatt spoke at our annual [Public Housing Authority] PHA retreat, he delivered a stellar presentation where he emphasized that if we did not evolve into a Smart PHA, we risk becoming extinct and irrelevant. He also explained how investing in technology today would streamline our operations tomorrow to attract, recruit, & retain landlords for our Section 8 HCV program.

Public Housing Authority Staff - Peter Monroe

Excellent presentation. Lots of energy!
- Very informative.
- Cut the red tape. Great speaker related to a topic that he has a lot of knowledge and compassion about.
- Informative presentation. I would like to learn more about the book release and how I can possibly learn more about the classes discussed.
- Amazing presentation

Property Management Association Member - Timothy Ferguson

Out of the 30 years that I have been a Section 8 landlord, I have never attended a landlord training where the presenter could personally identify with investors how Dr. Threatt interacted with our investment group. He really knows his stuff, and I can see why he goes by The Section 8 Landlord Coach.

Real Estate Investor Association Member - John Peterson