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General Real Estate Investing

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Michael Johnson
Pro Member
  • New to Real Estate
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Pros and cons of section 8 tenants: Chicago

Michael Johnson
Pro Member
  • New to Real Estate
Posted May 10 2021, 16:20

Hi Everyone,

I just listed my vacant unit on Zillow and it’s my first time screening tenants. So far 80% of the people who have inquired are section 8 and ask if I accept vouchers. I did some light research and I know there is an inspection you need to pass. I like how you get paid on time every month from the voucher but what are your general thoughts on renting to section 8 tenants ? I’ve heard some take better care of the unit because they don’t want to lose the voucher if there are issues but have also heard the opposite. That because they are receiving a subsidy that they take worse care of the property. Thanks!

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