How to find section 8 tenants for Newark nj

[Kenneth Moerschel]

How do I know if there are enough section and tenants with vouchers in need before I build a 3 family for rental. How do i basically test the rental market that is not saturated.

I am thinking calling a few agents but in this locations might be word of mouth. What steps works here and how do you get good section 8 tenants?

[James Mc Ree]

There is always someone looking for a place to live.  I recommend you don't limit yourself to Section 8 as a good tenant is a good tenant, regardless of any assistance they get.  It will likely be hard for a Section 8 tenant to afford a new build, but not impossible.  Check the Section 8 rents for your town to be sure they pay what you are thinking of charging if you are intent on going with Section 8.