General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago on . Most recent reply
To Section 8 or To NOT Section8?
We are looking to add a few properties to our rental portfolio and would love to hear feedback / thoughts/ advice on going the Section 8, affordable housing route. Seems that everyone I talk to either absolutely loves it or says it's a total nightmare. I'm trying to weigh the pros and cons of listing the houses as traditional LTR without accepting vouchers or as a Voucher recipient option . What has been your experience? Our rentals are in the South Carolina market. Thanks in advance !
Most Popular Reply
#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
- 19,268
- Votes |
- 28,237
- Posts
#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Quote from @Rahma Z.:
We are looking to add a few properties to our rental portfolio and would love to hear feedback / thoughts/ advice on going the Section 8, affordable housing route. Seems that everyone I talk to either absolutely loves it or says it's a total nightmare. I'm trying to weigh the pros and cons of listing the houses as traditional LTR without accepting vouchers or as a Voucher recipient option . What has been your experience? Our rentals are in the South Carolina market. Thanks in advance !
If you're properties are in a high crime and low income area, Section 8 tenants pose the lease risk to you. If they are in a low crime and high income area, Section 8 tenants pose the highest risk to you.