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Updated almost 2 years ago on . Most recent reply

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Section 8 investing

Yoel Peyamipour
Posted

anyone have a good book or any knowledge of where I can learn about section 8 investing more in depth?

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Jonathan Taylor Smith
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
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Jonathan Taylor Smith
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
Replied

Not aware of any books specific to Section 8, but a Section 8 rental/tenant is not essentially different than any other type, but that the source of income is from a third party, and you have an inspection requirement - both of which can be good things. So, it is really just learning the specific process(es) of your local housing authority and making sure your unit will pass the HQS inspection. There will be both potentially good and bad tenants with vouchers seeking your home, so you'll need to screen well (which you should be doing anyway). And you'll need to be VERY clear and professional with how you handle all matters, including going over your lease to set the correct tone and expectations right from the start (AGAIN, which you should be doing ANYWAY).

  • Jonathan Taylor Smith
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Blue Chariot Realty & Management
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