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Updated 29 days ago on . Most recent reply
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Section 8 Property
While searching for apartments, i noticed a commercial apartment listed as Section 8 property, does it make any difference from buyer/seller perspective when it's listed as section 8 property. Same property listed water bill paid by landlord so how much does it cost to put individual meters for each property so cost can be moved to tenants?
Most Popular Reply
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Hey Amit,
Section 8 is definitely appealing to a lot of out-of-state investors because of the perceived stability of government-backed rental payments. Knowing the rent will likely show up each month—even if the tenant has challenges—removes a lot of the uncertainty that can come with rentals.
The people listing this apartment as a “Section 8 property” are likely trying to target buyers who value that stability. There’s a strong demand from investors who specifically seek Section 8 properties for their reliability, so it can make the listing more attractive to the right audience.
That said, managing Section 8 properties isn’t completely hands-off. You’ll need to handle inspections, work with housing authorities, and make sure your tenant screening process is solid. It’s not necessarily more difficult than market-rate rentals, just different.
If you’re seriously considering this route, feel free to reach out. I’m happy to share what’s worked for me.
Best,
Travis