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Updated almost 9 years ago on . Most recent reply

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727
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Jonathan Taylor Smith
Agent
Pro Member
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
687
Votes |
727
Posts

Experience with Section 8 - Durham, North Carolina

Jonathan Taylor Smith
Agent
Pro Member
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
Posted

Attended a local REIA meeting where a person from Durham Housing Authority (DHA) did a presentation seeking landlords for GoSection8.com. It was stated in the presentation and on the site that properties could be up to $1500/mo - however it now appears that 3BR cannot be over $1200 and somehow the landlord may get less than $1100 of that because utilities must be paid out of that amount.

I won't be taking that little for the unit I'm seeking to rent now for $1400; however, I will be targeting this rent range for my next unit(s) and I wonder what the general experience is for landlords who accept Section 8 - with the program itself and with the tenants.

And does anything have any specific experience with DHA?

  • Jonathan Taylor Smith
business profile image
Blue Chariot Realty & Management
5.0 stars
8 Reviews

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