Section 8 ? Good or bad ?

[Jessica Sadusky]

Hey BP, Can anyone give some advice or share experiences with section 8 ? I have heard conflicting information , some saying it’s great and others it’s horrible. Would love to hear some real life experiences other landlords have had. -Jessica

[Kyle J.]

To the question "Is Section 8 good or bad?", I usually say YES.  Kind of a tongue-in-cheek way of saying it can be either.  You'll find stories of great tenants, as well as terrible tenants, that are Section 8 and non-Section 8.  The key is to screen your tenants thoroughly no matter who is paying the rent.

For what it's worth, I used to avoid Section 8 because of all the horror stories I had heard.  Then one day I took a chance and accepted a Section 8 tenant who I have now had for a few years and has been a great tenant.  To date, it's my only Section 8 tenant, but I don't have any regrets about accepting them.

Just my two cents.