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Updated almost 8 years ago on . Most recent reply

User Stats

68
Posts
26
Votes
Ed McIver
  • Investor
  • Westminster, MD
26
Votes |
68
Posts

What are the biggest problems with Section 8 tenants

Ed McIver
  • Investor
  • Westminster, MD
Posted

I'm new to this business but what are the biggest pit falls with Section 8 Tenants? I live in and my rental units are in Maryland. 

  • Ed McIver
  • Most Popular Reply

    User Stats

    176
    Posts
    172
    Votes
    Derek Robinson
    • Real Estate Coach
    • Asheville, NC
    172
    Votes |
    176
    Posts
    Derek Robinson
    • Real Estate Coach
    • Asheville, NC
    Replied
    I inherited a section 8 tenant on a SFH I purchased. Out of my 20+ units, they are one of the easiest tenants. they've been there 4 years prior to me buying the house and I've had it for a year. Not a single request for anything and when I purchased, it was the cleanest rental I've ever seen. A few months after purchase, I put in a request to raise rent from 495 to 550 and it was approved within days, no cost to the tenant. I've never taken and existing unit and converted it to section 8, but sounds like other posters have had issue. I suppose it's a matter of the individual office and the quality of their staff.
  • Derek Robinson
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