Updated about 2 years ago on . Most recent reply
What are the advantages and disadvantages of being a landlord in Section 8 ?
Hi all - Have been digging about Section 8 for the last few days. I would like to understand what are the advantages and disadvantages of being a landlord with tenants from Section 8 ?
FYI, I have properties in King County, Washington State.
Appreciate your help. Thanks
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Julien Jeannot
#4 House Hacking Contributor
#4 House Hacking Contributor
- CPA, Real Estate Broker & Investor
- Seattle & Woodinville, WA
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Julien Jeannot#4 House Hacking Contributor
#4 House Hacking Contributor
- CPA, Real Estate Broker & Investor
- Seattle & Woodinville, WA
In WA sate you cannot discriminate based on source of income. You have to accept section 8.
I recommend making all decisions based on a written criteria which adheres to fair-housing and all local laws. A good source of information is https://www.rhawa.org/
If you are a DIY landlord, I recommend the membership or a good attorney to answer your questions.