Updated almost 5 years ago on . Most recent reply
Section 8 or Private Pay Rentals, which is the Better Investment?
Guaranteed payment by the government
Higher Rents
Incentives for tenants to maintain the property
A larger pool of tenants
The chance for a longer-term tenant
_________________________Versus_________________________________________________
Dealing with the government, the red tape, and regulations.
Delayed payments and accounting delays. Section 8 inspections are brutal!
What are your thoughts?
- Jorge Vazquez
Most Popular Reply
@Jorge Vazquez, Section 8 all the way in B and C areas. Especially now.
Our Section 8 inspections aren't any more difficult than our municipality occupancy inspections. Different, yes but not harder.
The move in can be lengthy but that guaranteed rent is worth an extra couple weeks of waiting, I think.
Agree with @Steve C. that rents aren't always higher.
The red tape is hardest when you're new to it. Once you know it, you can count onthe process being the same every time, which for a checklisty, process person, is awesome.