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Updated over 4 years ago on . Most recent reply

User Stats

8
Posts
2
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Jonathan Seyfert
  • NW suburbs of Chicago
2
Votes |
8
Posts

Section 8 in Lake County, IL

Jonathan Seyfert
  • NW suburbs of Chicago
Posted

Hey BiggerPockets!

Hope everyone is having a great week. I am wondering if anyone out there has any experiences with Section 8 rentals in Lake County, IL. I am looking to purchase my next buy and hold property in Lake County in the upcoming months and am entertaining the idea of advertising to Section 8. Wondering if anyone can comment on:

1.) https://www.lakecountyha.org/p...

Do you know if the payment standards listed in this link are what the government will pay for with renting to section 8 in these zip codes? In some circumstances these numbers appear higher than market rents.

2.) Are there any resources aside from the Lake County Housing Authority website landlords can use as a reference?

3.) Do you have any success or horror stories renting to Section 8 in Lake County in particular?

Thanks for your thoughts! Would love to connect on this topic!

Jonathan

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