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Updated over 10 years ago on . Most recent reply

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38
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7
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Mike Mitchell
  • Brooklyn, NY
7
Votes |
38
Posts

section 8 or lower rent

Mike Mitchell
  • Brooklyn, NY
Posted

I recently posted an Ad for my 3br for $2000 in Brooklyn, NY. It is a 2 family house. My PITI - 3000. I am currently getting 1700 for the 2 br unit. I have 2 potential tenants. A Section 8 family with a smoker for 1900 in which section 8 will cover 1600 and tenant covers 300. I have another family interested with good credit 35x rent income. But is only willing to go up to $1800. Should I rent to section 8, rent to family for $1800 or keep looking. The apt has been on the market for a month and a half. It is in a appreciating working class neighborhood in Brooklyn.

Most Popular Reply

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6,201
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4,343
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
4,343
Votes |
6,201
Posts
Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
Replied

I would go with the tenant that isn't a smoker.

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