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Updated over 2 years ago on . Most recent reply

User Stats

4
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1
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E.A. Johnson
  • Investor
1
Votes |
4
Posts

How much will Section 8 Pay?

E.A. Johnson
  • Investor
Posted

Hello BP. How can I find out how much Section 8 will pay for a rental property in Macon, GA? How do I know if the property I buy is eligible to have Section 8 tenants. Thank you for your help!

Most Popular Reply

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17
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19
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Curtis J De Leon
  • Rental Property Investor
  • Macon, GA
19
Votes |
17
Posts
Curtis J De Leon
  • Rental Property Investor
  • Macon, GA
Replied

Section 8 will base rent off of how many bedrooms are offered. I have a 4 bedroom voucher for $1000.  Anything over the voucher will have to be paid by the tenant. As far as knowing if the property will be section 8 ready, you would have to have it inspected and they won't inspect until you have a tenant lined up.  The inspection isn't very hard, make sure the plugs are grounded, the hot water works, the toilets flush, drains work and light switches work. 

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