Move in fees for section 8

[Marcele Johnson]

Hi I would like to know how are landlords receiving move in fees and first months rent from first time tenants with section 8 vouchers and how much are the move in fees maybe the percentage if not a flat fee. Just trying to learn this whole process cause I’m in the process of renting my unit out and trying to see if section 8 is a good move or not thanks in advance

[Matt Leber]

@Marcele Johnson get a security deposit (I require one equal to 1 month rent) from tenant via money order or cashiers check on hud move-in inspection day or earlier. Sign the lease on inspection day, too.

For first month rent, the section 8 office will direct deposit their portion straight to your bank (if your inspection is toward the end of the calendar month, you might get 2 rents on the first day of month two). You should collect the tenants portion of first month rent in cashiers check or money order on Tenant’s move in day. Then give them the keys.