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Updated over 4 years ago on . Most recent reply

User Stats

27
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11
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Cyndie Rogers
  • Real Estate Broker
  • Crystal River, FL
11
Votes |
27
Posts

Has anyone used section 8 tenants for your rentals?

Cyndie Rogers
  • Real Estate Broker
  • Crystal River, FL
Posted

We are in the process of renovation a quadraplex and want to use appropriate finishes without overbuilding. Does anyone have experience with Section 8?

Most Popular Reply

User Stats

36
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16
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Bobby Lee
  • Accountant
  • CA
16
Votes |
36
Posts
Bobby Lee
  • Accountant
  • CA
Replied

I have one rental on section 8. The nice thing is they're on the straight-and-narrow since they know they lose funding and housing if they mess up. Rents are a little below market though so I wouldn't spend too much on upgrades.

She's one of my better tenants though - never bothers me except if something is wrong with the unit. Works with my contractor to make sure he has access to the unit when something needs fixing. Very welcoming when I go visit.

You'll still want to vet your tenant like normal, this tenant is younger (late teens or early 20s I think) and I met her with her mom. They clearly have a good relationship, and that points to her being a good person and therefore good tenant. That's my rule of thumb anyway.

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