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Updated 3 months ago on . Most recent reply

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Tyler Gilpin
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16
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Section 8 Market Rent etc

Tyler Gilpin
Posted

Question, 

Looking to buy some SFH in STL area and turn them into section 8. Is there anyway to find out what I'd get in rent? I know the rent is different per the bedroom count but where can I find that out?

Thanks 

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User Stats

16
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12
Votes
Tyler Gilpin
12
Votes |
16
Posts
Tyler Gilpin
Replied
Quote from @Jonathan Greene:

Have you ever done Section 8 rentals before? I ask because a lot of new investors are getting lured into the thought of them because you get paid by the government this alleged "guaranteed rent", but that's not really how it all works.

The Section 8 website for your area or the larger one should have metrics per square foot for the area.

I have one section 8 rental and 2 regular rentals. My section 8 does pretty well. What’s your opinion? 

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