The Price of Bureaucracy

Removing Section 8 Landlord Pain Points Through the Investment in Technology

By: Dr. Michael C. Threatt

Narrated by: Reuben J. Tapp

Length: 3 hrs and 7 mins

Publisher's summary

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 book on the Section 8 program for a real estate investor, property manager, real estate professional, housing authority employee, real estate developer, HUD employee, professor, student, or politician.

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 the 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 road map to address the rental housing problem that is a part of our nation's larger affordable housing crisis.

Dr. Threatt has worked within the real estate industry's public, private, and nonprofit sectors for approximately two decades. He is the senior vice president and COO at Dothan Housing and a REALTOR® with Community 1st Real Estate in Dothan, AL.

Dr. Threatt’s deep knowledge, as well as his multifaceted roles as a practitioner, consultant, researcher, and REALTOR®, allows him insight that few others have. He is also known as The Section 8 Landlord Coach™ and is a subject matter expert (SME). As a landlord, he understands what it’s like from the other side and provides real estate investment strategies for Section 8 real estate investors.

Get your copy, and contact Dr. Threatt today!

©2022 Dr. Michael C. Threatt (P)2023 Dr. Michael C. Threatt