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Updated almost 4 years ago on . Most recent reply

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What are the Pros & Cons of owning a Section 8 property?

Posted

Hello I am lightly looking at a single family property that currently has a section 8 tenant. I remember hearing section 8 pros and cons on the podcast. 

Pros: Rent is always guaranteed

Cons: Tenants can be poor house keepers and repairs may be needed more often

That's literally all that I know in regards to this topic. I'd love to hear from anyone who has any knowledge and can provide feedback on why I should stay away from section 8 properties or why I shouldn't let section 8 properties scare me off from a deal. 

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Brian Garlington
  • Realtor
  • Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
2,389
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2,350
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Brian Garlington
  • Realtor
  • Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
Replied

There's probably 20,000  posts about this already here on BP.  Just type in Section 8 BiggerPockets.   Personally I am all for Section 8. It's worked out great for the tenants  have. Properly screen them and you are off to the bank.

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