St. Louis Section 8: Longer Tenancies, Rougher Turnovers

St. Louis Section 8: Longer Tenancies, Rougher Turnovers

Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes

St. Louis Section 8: Longer Tenancies, Rougher Turnovers

Section 8 tenants often stay longer than non-subsidized tenants, which can reduce the frequency of expensive turnovers. But in rougher rental neighborhoods, landlords still need to expect heavier wear and tear on their units. In this video, James Wise explains why long-term subsidized tenants can be valuable, why turnovers need to be kept to a minimum, and how investors should prepare their properties for the realities of lower-income rental markets.

0Reply
29 views

No replies yet. Be the first to reply to this discussion.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.