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Updated over 5 years ago, 07/12/2019

User Stats

317
Posts
71
Votes
Paul Winka
  • Rental Property Investor
  • St Louis, MO
71
Votes |
317
Posts

Section 8 landlords: collect gov't paid rent, let tenant slide?

Paul Winka
  • Rental Property Investor
  • St Louis, MO
Posted

I have a remote property handled by a property manager, rented by Section 8 tenant. Rent is $973, and section 8 pays $936 of that, the tenant paying $37. 

Assuming they are otherwise a decent tenant and not tearing up the place and are staying long-term, and considering re-renting costs, vacancies, unknown nature of the next section 8 tenant, etc, do many of you hands-on Section 8 landlords with tenants having rent 95% paid just opt to do nothing and let it ride?

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