BECOMING A SECTION 8 LANDLORD IN NJ

[Anne Williams]

Greetings,

    I'm in the process of buying a townhouse in Newark that I eventually want to rent out to section 8 tenants. What is the process to become a section 8 landlord in NJ? How long does the overall process usually take? Is it hard to find tenants? What are some challenges I should be aware of?

Thanks!

[Brian Liscio]

Once you put up your listing people may ask if you accept section 8 vouchers. I would check this link: http://www.newarkha.org/ They can explain their process and might give you leads. I'm in Passaic county.

Keep in mind that not all section 8 tenants are bad (I had some great ones). If you don't screen them as well as you would any other tenant you might regret it. You'll realize money is not everything real quick!