Section 8 question

[Jane Ho]

Newbie question, thank you for your patience in advance. I've heard on BP youtube that Section 8 tenants can be good and stable since it is paid by the government. My question is, how long of their qualification last....and what triggers they no longer qualify for section 8? I am worried when that happens, it will be a guaranteed eviction process...I googled searched...didn't find a certain answer. Thank you so much!!!

[Bob S.]

Quote from @Jane Ho:

Newbie question, thank you for your patience in advance. I've heard on BP youtube that Section 8 tenants can be good and stable since it is paid by the government. My question is, how long of their qualification last....and what triggers they no longer qualify for section 8? I am worried when that happens, it will be a guaranteed eviction process...I googled searched...didn't find a certain answer. Thank you so much!!!

 I can only speak for the Cleveland markets, All leases are 1 year, then MTM after that. We have had tenants for years and years. It is very rare they will lose their voucher; they hold on to those like gold LOL. I have tenants were they have it in their family for generations, sad, DO NOT buy a rental without PM in place especially if you plan on Sec 8 .