NEW Section 8 Rules in California
Hey BP Community,
Are there any posts out there on the new Section 8 Rules in California yet? How are people managing this? Does anyone have any advice they can share here?
Most Popular Reply
over the past few years, i have been raising the criteria and an interesting thing happened - i found less section 8 tenants qualifying without a noticeable decrease in qualifying applicants (obviously that could be due to many reasons)
Anyways criteria like length of time in current job, length of time in current residence, avg bank balance and more are all criteria that help arrive at a well qualified applicant
If a section 8 applicant meets the criteria, they will likely be a good tenant and have the added benefit of being on section 8
In other words, having good criteria avoids bad tenants regardless of their section 8 status