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Updated 7 months ago on . Most recent reply

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Zachary Kessler
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Most Popular Reply

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Que Tran
  • Real Estate Agent
  • Scranton PA
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93
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Que Tran
  • Real Estate Agent
  • Scranton PA
Replied
Quote from @Zachary Kessler:

Anyone have any experience with section 8 vouchers in the Wilkes Barre Scranton area?

 We currently do manage several units to section 8 in Scranton and Wilkes-Barre.  It's not ideal, because they do have a budget price to adhere to. While the guarantee of income sounds great, it's only a percentage of the rent, typically up to 70% and the tenant has to pay the remainder. You can't accept anything over the allowed budgeted price. The only way they will pay 100% is if the tenant does not work.  Renewal has been a nightmare.  There is a long laundry list of required repairs to be done in a short amount of time. If tenants say they want new flooring, then we have to put in new flooring, even if damage was tenant caused. I'm not saying the list is ridiculous,  because all safety concerns should be addressed. It's the tenant damage that upsets me. 

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