Section 8 or Private Pay Rentals, which is the Better Investment?

[Jorge Vazquez]

Guaranteed payment by the government

Higher Rents

Incentives for tenants to maintain the property

A larger pool of tenants

The chance for a longer-term tenant

_________________________Versus_________________________________________________

Dealing with the government, the red tape, and regulations.

Delayed payments and accounting delays. Section 8 inspections are brutal!

What are your thoughts? 

[Jennifer Donley]

@Jorge Vazquez, Section 8 all the way in B and C areas.  Especially now.

Our Section 8 inspections aren't any more difficult than our municipality occupancy inspections. Different, yes but not harder.

The move in can be lengthy but that guaranteed rent is worth an extra couple weeks of waiting, I think.

Agree with @Steve C. that rents aren't always higher.

The red tape is hardest when you're new to it.  Once you know it, you can count onthe process being the same every time, which for a checklisty, process person, is awesome.