Pittsburgh Section 8: I’ll Take Nail Holes Over Turnovers

[James Wise]

Pittsburgh Section 8: I’ll Take Nail Holes Over Turnovers

Out-of-state investors buying Section 8 rentals in Pittsburgh need to stop thinking like amateurs. A few nail holes from pictures and knick-knacks are not the problem. Vacancy, constant turnovers, bad tenants, trashed units, and unstable cash flow are the real problem. When a tenant has their walls decorated and their stuff settled in, that usually means they are committed to staying. That is exactly what Pittsburgh Section 8 investors should want: long-term tenants, fewer turnovers, less vacancy, and more consistent rental income. Stop chasing dimes worrying about little nail holes and start chasing dollars by building a rental portfolio with stable tenants who actually stay.