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Updated about 8 years ago on . Most recent reply

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Christian Criswell
  • Hobart, IN
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5
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First post/section 8

Christian Criswell
  • Hobart, IN
Posted

Hi! I am Christian criswell. I am from Northwest indiana. I joined a few months ago, but really just got into reading and listening to the podcasts. I just made my first offer on a duplex that I plan to house hack for a while, then possibly rent out both sides or sell depending on market. With that being said, they countered, and in their counter, they revealed that one unit (smaller of the two) is section 8. The smaller unit is the one I plan to occupy. My question is, am I stuck with section 8? Can I just get the current tenant out after their lease is over and move myself in? Does the section 8 lease have the same general guidelines as a traditional lease? My initial reaction was to get them out and get rid of section 8 ASAP. The. I realized, I know nothing about section 8. Is it worth keeping? Pros and cons? I'd be glad to provide more info if needed. And thank you ahead of time for any response!

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