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Jason Powell
Pro Member
  • Rental Property Investor
  • Zionsville, IN
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Looking at property with section 8

Jason Powell
Pro Member
  • Rental Property Investor
  • Zionsville, IN
Posted Nov 18 2020, 14:37

I am looking at a property that about half of the tenants are section 8, they do not pay utilities, the other half pay utilities. I cannot make the numbers, for purchasing, work if I don't have the section 8 tenants pay the electric. The complex is eating almost 100K a year in utility costs. Do section 8 tenants get up to 70% paid on lease and utilities or just lease? Any info or links to explain would be appreciated. 

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