Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Hugo G.
  • Rental Property Investor
  • Sacramento, CA
0
Votes |
7
Posts

Section 8

Hugo G.
  • Rental Property Investor
  • Sacramento, CA
Posted

I am rehabbing a 2 bedroom 1 bathroom single family residence in Sacramento.  What are your experiences in government subsidized housing (section8)? None of our other properties are section 8 but we are thing about it for this one. The market rents are about 800-1100 month.

Most Popular Reply

User Stats

844
Posts
350
Votes
Eddie T.
  • Rental Property Investor
  • New York
350
Votes |
844
Posts
Eddie T.
  • Rental Property Investor
  • New York
Replied

Neil G. If you fail the initial inspection they will not pay rent until you fix all the issues and they come back and reinspect.

So for example if your tenant moves in on June 1st and the inspection is the same day and you do not pass section 8 will pro rate the rent for that month until they return and you pass. So if they return on June 15th and you pass you will receive a check for 15 days worth of rent not the entire 30 days of the month.

As for the annual inspection they give you 30 days to correct any issues or will stop paying rent.

Loading replies...