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Updated over 5 years ago on . Most recent reply

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317
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72
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Paul Winka
  • Rental Property Investor
  • St Louis, MO
72
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?

Most Popular Reply

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86
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81
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Matthew Dennehy
  • Concord, NH
81
Votes |
86
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Matthew Dennehy
  • Concord, NH
Replied

Echoing what others have said, always strictly hold the tenant to the terms of the lease and collect rent from them. There are two main reasons for this:

1. You must treat all tenants equally. If you let one slide and not another, it doesn’t matter what different circumstances there might be, you are opening yourself up to a fair housing complaint.

2. $37 isn’t a big deal, but like others have said the tenants will start to take advantage. What happens when they damage the property and you try to collect? If they don’t pay their rent, they certainly won’t pay for damages.

  • Matthew Dennehy
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