Section 8 rental in Allentown
Hello BP Community!
I am just coming back from a trip in the Allentown aera and I have visited a property with one unit being a section 8. Interestingly this seems to be paying more than the market rate rent. I am talking about getting somewhere around $1,000 instead of $750. I would have assumed the other way and I find this a little odd.
Does anyone have experience in the allentown market with section 8? Is this difference in rent common and do you chose to invest in Allentown section 8 then or stay away from it and why?
Thank you!
Yacine