Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

2,967
Posts
2,433
Votes
Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
2,433
Votes |
2,967
Posts

Section 8 and mitigating repair costs

Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
Posted

I'm doing some research and learning about my options for my first true investment property (I currently rent the spare bedrooms out of my primary residence, but I do not have a separate investment property yet). 

A good friend who is an experience RE agent has a client doing very well with Section 8, and he has encouraged me to consider it. 

I've done some research in the forums here on BP, and one common complaint I've heard is that repair costs tend to be higher for Section 8 tenants due to a combination of annual inspection requirements  and lack of tenant responsibility. Just curious to know if anyone has found ways to mitigate these repairs/expenses. One suggestion I've seen is to aim for families in which at least 1 person is employed. Are there other strategies out there for screening tenants or qualities to seek out in Section 8 tenants?

TIA!

  • Nicole Heasley Beitenman
  • Most Popular Reply

    User Stats

    2,713
    Posts
    2,244
    Votes
    Patti Robertson
    • Property Manager
    • Virginia Beach, VA
    2,244
    Votes |
    2,713
    Posts
    Patti Robertson
    • Property Manager
    • Virginia Beach, VA
    Replied

    @Nicole Heasley Beitenman - It's not SEC 8 that results in higher repair costs, it's buying in low income neighborhoods.  Whether the tenant is SEC 8 or not, you will have the same experience. You are going to pay a lower price in these neighborhoods, but you will pay more on on-going repairs.  You can, however, hold a SEC 8, or any other tenant, liable for repairs they cause.  Some areas have more charities to assist than others.  In one of my cities we can almost always get a delinquent tenant current with charity help, but not in all cities.  

    Here's a blog I wrote about SEC 8 that may assist your decision.  https://www.biggerpockets.com/blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities

    • Patti Robertson
    • 7574722547

    Loading replies...