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Updated over 1 year ago on . Most recent reply

User Stats

23
Posts
18
Votes
Max Reynolds
  • Property Manager
  • San Diego
18
Votes |
23
Posts

Renting to Section 8 Tenants - Sacramento

Max Reynolds
  • Property Manager
  • San Diego
Posted

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

Most Popular Reply

User Stats

462
Posts
380
Votes
Noah Laker
  • Real Estate Broker
  • Sacramento, CA
380
Votes |
462
Posts
Noah Laker
  • Real Estate Broker
  • Sacramento, CA
Replied

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. 

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