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Updated over 1 year ago on . Most recent reply
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Renting to Section 8 Tenants - Sacramento
Looking to connect with someone who has had experience renting to Section 8 tenants and dealing with the housing authority in the Sacramento area. Thank you
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Hi Max, I'm a real estate broker, investor, and property manager here in Sac. Right now I manage 100+ STR and very little LTR, but my background in multifamily involved a lot of section 8.
My experience was generally NOT GOOD, both with the tenants and trying to deal with the housing authority. However, the Section 8 will often overpay if you know how to select comps, so from a purely financial perspective it can make sense depending on the property.
Also, most landlords in CA don't know that they are REQUIRED to accept section 8 under SB329, and much less how to navigate the system.
What exactly would you like to know? Happy to help.