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Updated 10 months ago on . Most recent reply

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James McGovern#3 Wholesaling Contributor
  • Flipper/Rehabber
  • Bloomfield CT
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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

I've recently started an eviction on a S8 tenant of mine in Detroit.

The process will be identical to a normal, cash paying tenant with one big exception.

The housing authority will continue to pay the voucher amount during the eviction process. 

That's a big win for me because, generally, when you're evicting, the tenant stopped paying rent. So I'm happy I continue to collect rent for the 3-4 months that it will take me to evict.

Obviously, I'd be much happier if the tenant wasn't trashing the house and I didn't have to kick her and her 5 kids out. 

But it's been a lucrative 5 years. Ask me how lucrative it will be after this turnover though lol

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