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Updated about 9 years ago on . Most recent reply
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what is the process to get a property section 8 approved?
Hello I am still new to the investing world, so any advice would be helpful.
I'm considering a purchase to use as section 8 rentals. It does not already have voucher in place. What is the process to get section 8 rentals approved?
Any cautions or red flags I need to watch out for?
Does this also work with duplexes?
Do you feel this would be a good way to rent properties?
Thank you very much!
Most Popular Reply
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I live in NYC but they have to come out to your place and inspect it. You have to fill out some forms. Because I have an older building, it took more time but once you are in the system you are ok. Here you can get your payments from Section 8 direct deposits. Word of caution in that they do annual inspections that depending on the inspector can be ridiculous and you can't raise the rent that much.