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Updated about 17 years ago on . Most recent reply

Section 8
What are some opinions on going Section 8 - Good - Bad or Indifferent?
Most Popular Reply
True story. I bought a (2 family) house near Boston. One tenant was on Sec.8. The rent was $800 for a $1200 apartment. The tenant was responsible for only $300 of the $800 a month rent. After this tenant was evicted from my house (her lease ended and she refused to move out)...the tenant bought a $580,000 three family just outside Boston. This is fact. One of my co-workers at Remax was the tenant's agent. The tenant milked the system and was able to buy a nearly 600k house!