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Updated almost 12 years ago on . Most recent reply

User Stats

21
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2
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Nancy Molinari
  • Manchester, CT
2
Votes |
21
Posts

Looking for your advice and experience with Section 8 renters

Nancy Molinari
  • Manchester, CT
Posted

Hello all -

In the past, have never rented to anyone that needs Section 8 housing but am now contemplating whether I should consider it because of the guaranteed payments from the government. So I am looking for your advice, opinions, suggestions, pros and cons on whether I should consider Section 8 renters or not. This is for my duplex that is owner occupied on one side, so I still have the ability to be selective about who I rent to, as I would prefer if the renters had older children since I have a German Shepherd who has access to the entire yard. I searched the forums, but haven't seen much information on this.

As always, thank you in advance and looking forward to your input!

Nancy

Most Popular Reply

User Stats

173
Posts
18
Votes
Deborah Saddler
  • Real Estate Investor
  • Cleveland, OH
18
Votes |
173
Posts
Deborah Saddler
  • Real Estate Investor
  • Cleveland, OH
Replied

You would think that section 8 would work closely with landlords, but they have no system in place presently would help to manage and retain tenants. Everything is in favor of the tenants and not the landlord/owner. There is no mediation, or systems for problem solving. My biggest problem, if a tenant damages my property, who pays for it?

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