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Updated over 7 years ago on . Most recent reply

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Dong Yan
  • Real Estate Investor
  • Irvine, CA
42
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129
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shall I keep section 8 tenant?

Dong Yan
  • Real Estate Investor
  • Irvine, CA
Posted

I am planning to make an offer for a duplex, one is vacant and another has long time section 8 tenant. The seller doesn't want to vacant them and we can only vacant them after we bought the property according to the seller.

a lot of people say section 8 is difficult to deal with due to low rent and goverment regulations but others say they are good because of goverment involvement you can get rent on time.

I have never deal with section 8 tenants before, any advice of whether shall I keep section 8 tenants are highly appreciated!

Stella

Most Popular Reply

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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
4,475
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

I have S8 tenants and love them. Certainly not worse people than those with better resources.

Rent is less volatile and you get a chance to help some people who are really in need.

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