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Updated over 3 years ago on . Most recent reply

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5
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4
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Jake Sullivan
  • Realtor
  • San Pedro, CA
4
Votes |
5
Posts

Section 8 in Los Angeles

Jake Sullivan
  • Realtor
  • San Pedro, CA
Posted

Whenever I list leases/rentals, my phone gets blown up with applicants asking if the landlord accepts section 8. I have yet to represent a landlord who has accepted a section 8 tenant. I know people who invest in Rochester, NY and they only work with section 8.

My wife and I will be purchasing a multi-family property in LA this year. We want to help those in need to be able to afford housing in our community, but we also want to be smart in our early investing decisions. What has your experience been with section 8 in LA? Do you come across good tenants with good credit? Does the city have strict/expensive requirements with the property? Any tips, recommendations, or FYI's?

Thank you in advance!

Most Popular Reply

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523
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475
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Shiva Bhaskar
  • Investor
  • Los Angeles, CA
475
Votes |
523
Posts
Shiva Bhaskar
  • Investor
  • Los Angeles, CA
Replied

Hi Jake. I am part of a group that purchases and upgrades multifamily properties in LA. We do have Section 8 tenants in some units in our properties. Happy to chat about this privately ( I know it's a politically sensitive topic so would rather discuss individually). Anyone else thinking about Section 8 in LA County is welcome to DM me as well! 

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