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Updated almost 8 years ago,

User Stats

19
Posts
0
Votes
Nick N.
  • Investor
  • Mars, PA
0
Votes |
19
Posts

Section8 vs. traditional rent

Nick N.
  • Investor
  • Mars, PA
Posted

I bought a house in a C/D neighborhood(St Pete, FL) that does bring in a good rental rate. However the tenant that was in there when purchased is absolutely terrible. They are months behind so we are evicting. This was a good buy but terrible experience with the tenant. 

Once they are gone I'm trying to determine whether or not to apply for Section 8 for this house or rent it traditionally. 

I was wondering what your experiences have been? Positives and negatives to using Section8. I like the security of the funds coming in w/ section8, but have no experience with it. 

Any feedback is appreciated!

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