Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 about 9 years ago,

User Stats

6
Posts
0
Votes
Taylor Baruffi
  • Credit Analyst/Real Estate Investor
  • Troy, NY
0
Votes |
6
Posts

DSS: Pros and Cons

Taylor Baruffi
  • Credit Analyst/Real Estate Investor
  • Troy, NY
Posted

Hello Bigger Pockets,

I've been getting a lot of inquiries for my rental units where the tenants are on DSS assistance and I was wondering if anyone had experience in that area. What are the requirements, headaches, benefits, etc. of DSS tenants? I spoke with my county DSS office and they said they pay a portion or all of the rent and it can be direct deposited. This seems like an easy and guaranteed payment on the first of the month which is a positive. Also, I would be helping people in a bad situation have stable housing which is a moral benefit, I just want to make sure I'm not falling into some big bureaucratic fiasco with nightmare tenants. 

Please let me know if you have experience in this area and what the pros/cons are from your perspective. I am in Upstate New York in case there are variances across state lines.

Thanks,

Taylor

Loading replies...