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Updated about 4 years ago on . Most recent reply

User Stats

7
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4
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Michelle Payne
  • Rental Property Investor
  • baltimore, md
4
Votes |
7
Posts

Baltimore Section 8 tenants and Security deposits

Michelle Payne
  • Rental Property Investor
  • baltimore, md
Posted

Tenants on Section 8 clearly have limited income. Are Baltimore, MD Landlords waiving security deposits or doing some other alternate arrangement to get tenants in?  I notice with the large inventory of great properties and great rent potential in Baltimore, tenants seem to have great options. 1 month rent security deposits always are a challenge and tenants keep indicating that other rentals do not require it. What are landlords doing??

  • Michelle Payne
  • Most Popular Reply

    User Stats

    283
    Posts
    227
    Votes
    Sam Lewis
    • Real Estate Agent
    • Baltimore, MD
    227
    Votes |
    283
    Posts
    Sam Lewis
    • Real Estate Agent
    • Baltimore, MD
    Replied
    Originally posted by @Michelle Payne:

    Tenants on Section 8 clearly have limited income. Are Baltimore, MD Landlords waiving security deposits or doing some other alternate arrangement to get tenants in?  I notice with the large inventory of great properties and great rent potential in Baltimore, tenants seem to have great options. 1 month rent security deposits always are a challenge and tenants keep indicating that other rentals do not require it. What are landlords doing??

    No deposit no keys for me, regardless if they are on the program or not. Had one tenant who could not afford the deposit and section 8 stepped in and covered the deposit... which apparently doesn't have to be paid back.

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