[quote=stockstradr]In many cases they got the properties approved as Section 8; then the majority of the monthly rent check arrives in the mail direct from the government (= US Taxpayers). The Section 8 tenant only has to pay a fraction of the rent. The illegal immigrants run the scam of getting their rent paid by US Taxpayers because the immigrants work for cash income “off the clock” apparently staying within the poverty guidelines making them eligible for Section 8. Then the investors who own the properties get in on the scam by collecting the Section 8 rent payments direct from the government. America: what a country! (a country built upon scams built upon scams…but the house of cards seems to finally be tumbling down!).
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I don’t necessarily agree or disagree with your other comments.
However, the Section 8 comments are a bunch of crap.
I happen to be very familiar with the process. It takes about 5 to 7 years on a waiting list to qualify for Section 8.
Plus, you have to prove legal residence in the country in order to qualify. Therefore, illegal aliens would never qualify.
Let’s be honest here and tell it like it is; but let’s not perpetuate false information.
