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Updated about 9 years ago on . Most recent reply

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16
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2
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Andrew Nelson
  • Real Estate Agent
  • Winder, GA
2
Votes |
16
Posts

what is the process to get a property section 8 approved?

Andrew Nelson
  • Real Estate Agent
  • Winder, GA
Posted

Hello I am still new to the investing world, so any advice would be helpful. 

I'm considering a purchase to use as section 8 rentals. It does not already have voucher in place. What is the process to get section 8 rentals approved?

Any cautions or red flags I need to watch out for? 

Does this also work with duplexes?

Do you feel this would be a good way to rent properties?

Thank you very much!

Most Popular Reply

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360
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78
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Les Jean-Pierre
  • Investor
  • New York City, NY
78
Votes |
360
Posts
Les Jean-Pierre
  • Investor
  • New York City, NY
Replied

I live in NYC but they have to come out to your place and inspect it. You have to fill out some forms. Because I have an older building, it took more time but once you are in the system you are ok. Here you can get your payments from Section 8 direct deposits. Word of caution in that they do annual inspections that depending on the inspector can be ridiculous and you can't raise the rent that much.

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