Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

295
Posts
271
Votes
Chris B.
  • Chandler, AZ
271
Votes |
295
Posts

Section 8 question

Chris B.
  • Chandler, AZ
Posted

I have a property that I am listing for $2195 / month.  Its a 3 bedroom and the city's Section 8 guide states the "payment standard" for a 3 bedroom is $2839. With a difference of over $500, its possibly worth considering opening to Section 8 applicants.

https://www.chandleraz.gov/res...

Question 1: Is the payment standard the whole rent (tenant payment + city payment) or is it just the city's portion?

Question 2: Can I raise the rent to this amount and then open it up to section 8 applicants or is there some kind of rule that won't let me max it out?  Why would someone not want to max it out?

I've historically never considered this or even looked into S8.  I've heard landlord complaints about problems dealing with the government and also the general tenant quality.

Loading replies...