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Updated almost 12 years ago,
Does the 50% Rule Apply to Section 8
I have learned a ton on this website, including the 50% rule regarding expenses (not including P&I). Look at gross rents (for example, $1,000 a month), and expect $500 in operating expenses. Now my question is, does this rule apply to Section 8 properties? I am trying to analyze these numbers and they look significantly better than "regular" properties. I would think expenses would potentially be higher considering the inspections and clientele.
Can anyone with experience please share your thoughts?
Thanks in advance.