Section 8 housing

[sd_matt]

Is there anyone here with experience in Section 8? I realize there are probably articles floating around but I cant find where to keyword search on this site.

I have yet to buy a house but am waiting like you guys. Each house I buy after the first will be for investment…rentals.

What do you folks think about being a Section 8 landlord, the good and the bad?

[patb]

it’s like running a traler park

with the government paying th ebills.

[patb]

it’s like running a traler park

with the government paying th ebills.

[patb]

it’s like running a traler park

with the government paying th ebills.

[patb]

it’s like running a traler park

with the government paying th ebills.

[patb]

it’s like running a traler park

with the government paying th ebills.

[peterb]

Be careful. I looked into it and decided against it after talking to some veterans of this type of rental. Lot’s of the people are addicts of one kind or another. At least they were when I looked into this 5 years ago. Made for some real “hands on” property management issues.

[peterb]

Be careful. I looked into it and decided against it after talking to some veterans of this type of rental. Lot’s of the people are addicts of one kind or another. At least they were when I looked into this 5 years ago. Made for some real “hands on” property management issues.

[peterb]

Be careful. I looked into it and decided against it after talking to some veterans of this type of rental. Lot’s of the people are addicts of one kind or another. At least they were when I looked into this 5 years ago. Made for some real “hands on” property management issues.

[peterb]

Be careful. I looked into it and decided against it after talking to some veterans of this type of rental. Lot’s of the people are addicts of one kind or another. At least they were when I looked into this 5 years ago. Made for some real “hands on” property management issues.

[peterb]

Be careful. I looked into it and decided against it after talking to some veterans of this type of rental. Lot’s of the people are addicts of one kind or another. At least they were when I looked into this 5 years ago. Made for some real “hands on” property management issues.

[EconProf]

If your units are mediocre, hard to fill, and you are not expecting their values to appreciate, the Section 8 program is OK. You can get a range of tenant types, from the hard-working-but-low-income family, to the real losers. The regularity of the monthly gov’t check and the long-term, uncomplaining nature of the good tenants can be great. Problem is, if you get a loser, the gov’t makes it hard to get rid of them. The bureaucracy you have to work with is frustrating, and the annual inspections nit-picking little items is insulting.
You can pick and chose your Section 8 tenants carefully and do OK. Also, the S. 8 rents can often be above market rents, esp. because the gov foolishly puts units into a category based on #of bedrooms and (I think), # bathrooms. So if you have unusually small BRs or are in a rough neighborhood, you can game the system and extract higher than market rents.
Some landlords swear by Section 8. But it is not a plus when trying to sell, as it may put a damper on your value.

[EconProf]

If your units are mediocre, hard to fill, and you are not expecting their values to appreciate, the Section 8 program is OK. You can get a range of tenant types, from the hard-working-but-low-income family, to the real losers. The regularity of the monthly gov’t check and the long-term, uncomplaining nature of the good tenants can be great. Problem is, if you get a loser, the gov’t makes it hard to get rid of them. The bureaucracy you have to work with is frustrating, and the annual inspections nit-picking little items is insulting.
You can pick and chose your Section 8 tenants carefully and do OK. Also, the S. 8 rents can often be above market rents, esp. because the gov foolishly puts units into a category based on #of bedrooms and (I think), # bathrooms. So if you have unusually small BRs or are in a rough neighborhood, you can game the system and extract higher than market rents.
Some landlords swear by Section 8. But it is not a plus when trying to sell, as it may put a damper on your value.

[EconProf]

If your units are mediocre, hard to fill, and you are not expecting their values to appreciate, the Section 8 program is OK. You can get a range of tenant types, from the hard-working-but-low-income family, to the real losers. The regularity of the monthly gov’t check and the long-term, uncomplaining nature of the good tenants can be great. Problem is, if you get a loser, the gov’t makes it hard to get rid of them. The bureaucracy you have to work with is frustrating, and the annual inspections nit-picking little items is insulting.
You can pick and chose your Section 8 tenants carefully and do OK. Also, the S. 8 rents can often be above market rents, esp. because the gov foolishly puts units into a category based on #of bedrooms and (I think), # bathrooms. So if you have unusually small BRs or are in a rough neighborhood, you can game the system and extract higher than market rents.
Some landlords swear by Section 8. But it is not a plus when trying to sell, as it may put a damper on your value.

[EconProf]

If your units are mediocre, hard to fill, and you are not expecting their values to appreciate, the Section 8 program is OK. You can get a range of tenant types, from the hard-working-but-low-income family, to the real losers. The regularity of the monthly gov’t check and the long-term, uncomplaining nature of the good tenants can be great. Problem is, if you get a loser, the gov’t makes it hard to get rid of them. The bureaucracy you have to work with is frustrating, and the annual inspections nit-picking little items is insulting.
You can pick and chose your Section 8 tenants carefully and do OK. Also, the S. 8 rents can often be above market rents, esp. because the gov foolishly puts units into a category based on #of bedrooms and (I think), # bathrooms. So if you have unusually small BRs or are in a rough neighborhood, you can game the system and extract higher than market rents.
Some landlords swear by Section 8. But it is not a plus when trying to sell, as it may put a damper on your value.

[Author]

Posts