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Updated 8 months ago on . Most recent reply

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Mr. Gabriel D’Antoni

Gabriel D'Antoni
Posted

Has anyone dealt with section 8 renters before and if so what are some red flags that I should keep an eye out for?

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Jonathan Greene
#1 Real Estate Agent Contributor
  • Real Estate Consultant
  • Mendham, NJ
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Jonathan Greene
#1 Real Estate Agent Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

You can't really phrase it like that. You don't want to focus on the renters of Section 8 because that can come off as discriminatory as a landlord. You want to focus on the applications. Have you ever done Section 8 as a landlord?

Most new investors look to Section 8 for "guaranteed money" and think it's easy. They are wrong. Section 8 can be very profitable, but it's not smart as a first investment or a one-off because there is a lot more red tape.

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