Why I am a Fan of Section 8 Housing Program - Am I crazy?

[Michael Zuber]

When I started out investing all those years ago I didn't understand all the details around Section 8 Housing.  Like most newbie's I thought low income and maybe hard to manage.  Well after 15 Years of investing and 1,000's of tenants I can tell you with out a doubt that Section 8 Housing as a Program is a good program for tenants and landlords.

Wow I think I just heard a landlord scream at me through the internet.  Let me explain my position first and then I can take the beatings as opinions will be all over the board I am sure.

First I will say that over the years I have had a couple of nightmare tenants who were in the program but it is rare.  Truth be told most of my nightmare tenants I have had were not Section 8 Tenants but instead tenants that qualified and then life happens and craziness ensues.

The positives far out way the negatives in my opinion.  In fact the one negative I hear the most about I actual believe is a HUGE Positive.  I hear landlords complain all the time about their "Yearly" inspections and the little things they find.  I say great find all the little problems you can now so I can fix before they are big problems later!!!

I frankly see Section 8 Inspections as a second and unbiased set of eye's looking at my properties and I welcome every inspection and the report they produce.

In the end Section 8 Program is not for all properties in all areas but if you invest where I do there is nothing wrong with having a Section 8 tenant in your properties in my opinion. 

What say you?

Z