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
Commercial Real Estate Investing
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 over 16 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Los Angeles, CA
0
Votes |
50
Posts

section 8

Account Closed
  • Real Estate Investor
  • Los Angeles, CA
Posted

Hello guys,
What do you think about idea rent apartment to section 8 people?
What is advantages and disadvantages?
Thanks.

Most Popular Reply

User Stats

885
Posts
316
Votes
Mark Yuschak
  • Residential Real Estate Broker
  • Grand Blanc, MI
316
Votes |
885
Posts
Mark Yuschak
  • Residential Real Estate Broker
  • Grand Blanc, MI
Replied

I've dealt with tenants on state aid and have resulted in good experiences.

I wouldn't necessarily say that a Section 8 tenant is any better or worse than a regular tenant. Every tenant has their downfalls.

In my opinion, getting the rent every month is definitely a perk. Plus, you have the backing of their case worker in the event terms of the lease aren't being met. You do have some leverage because the tenant fears loosing their voucher if they don't comply with the lease. But, on the other hand, if you harp on them all the time, they'll leave as soon as their one year obligation is up.

I've found if you treat them just like any other tenant (with dignity and respect), you will have very minimal problems.

Loading replies...