All Forum Posts by: Mathew Zorn

Ray thank you for your reply! I don't mind the yearly inspections because it will keep me doing my job or my PM and it will insure the section 8 will do theirs! I'm looking to place more controls into my one rental that I have now because I want to invest in more rentals. I definitely know that I have to get better at retaining the history of the tenant and all of their issues and put it all in one place. Thanks for the reply!

Dawn,

You have a point there! I've just heard all negative response to those I know in my area and they say not to go section eight because there's to many headaches with it. I've learned anything with rentals could be a headache or no problems at all just depends on the tenant. How do you vet your tenants?  

Chinmay J. Thanks for your view point on the subject and I will look a little further into this. Do you manage your own property or do you have a PM? I have a PM helping me and is acting like the in between since I am on sea duty/active duty and can't always be near a phone to help out my tenant. With section 8 I can still have someone PM my property and do their own inspections as well?

I have a rental home in zip code 23513 and wanted to know if it's worth switching the home to section eight? I understand that section eight makes those that qualify pay for a small portion of the rent and section eight covers the rest. My concern is will they damage the home, who pays for the repairs (homeowner, section eight, or the tenant), how will that affect the neighbors, will section eight tenant be responsible for all utilities as well? If anyone has any stories to share as well as any other information that would be great!

I’m looking to find out how to write up a proposal on sealing a deal with an investor on a few Rental properties in my area. I’m ready to take it to the next level and slowly build up to become a property management firm.