Minimum Price for Section 8 House
2 Replies
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Justin Z. from Tampa, Florida
posted almost 3 years agoHello,
I was thinking of buying a cheap $40,000 house and renting to a section 8 tenant. I am worried, though, that no one will want to live in this house - section 8 or not. From your experience, have there been any instances in which you could not find any section 8 tenants for your property? What would you suggest as the minimum price for a house to ensure that there will be a large number of interested section 8 tenants?
Thank you so much!
Darren Budahn Investor from Milwaukee, Wisconsin
replied almost 3 years agoMike Sedlacek from Portsmouth, Virginia
replied almost 3 years agoWe have a person in the Social Service department that frequently calls us about vacancies for section 8 apartments. We have no problem finding tenants. You should sign up with them and be on thier list of landlords to call. Our apartments are always inspected by them after a tenant moves out so that we are always in compliance and ready to rent.
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