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Updated about 2 years ago on 08/02/2023. Most recent reply

40
Posts: 13
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Michael OliverPoster

New to Real Estate
Michigan

Multi-Family and Apartment Investing

Section 8 and Multi Family

Michael OliverPoster

New to Real Estate
Michigan

Posted July 26, 2023 09:23

Anyone have a good handle on the Section 8 program? Im looking to try and help out people in need while investing.

Looking for section 8 advice!

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Michael Smythe

#3 Classifieds Contributor

Real Estate Agent
Metro Detroit

Michael Smythe

#3 Classifieds Contributor

Real Estate Agent
Metro Detroit

Replied July 26, 2023 10:43

Section 8 is NOT the cure-all most owners think it is.

How much value is something received for free?

You'll also be shocked at the "Entitlement Mentality".

As already mentioned, screen them just like other tenants. You may also want to visit their current home - how it looks is how yours will look after they move in.