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Updated over 3 years ago on . Most recent reply

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12
Posts
6
Votes
Aaron Lemoine
  • Investor
6
Votes |
12
Posts

Should I Section 8 my property?

Aaron Lemoine
  • Investor
Posted

Hello Everyone,

Wanted to get advise on if I should consider Section 8 for a triplex I have in Crystal City, TX. I read the pros and cons for each. But I would like to get real world advice from the BP community. Thank you everyone.

Most Popular Reply

User Stats

585
Posts
370
Votes
Rod Hanks
  • Insurance Agent
  • Dallas, TX
370
Votes |
585
Posts
Rod Hanks
  • Insurance Agent
  • Dallas, TX
Replied

@Jody Sperling

I would definitely rent to section 8 clients without question.

Pros

1. Rent paid on time

2. Rent usually above market

3. Tenants stay a long time

4. Annual inspections from housing

Cons

1. The kids can be hard on your property

2. Boyfriends can move in

3. Some will call you for everything

Overall Section 8 is great as long as you screen the tenants the exact same way you would screen any other tenant. Call previous landlords and visit where they currently stay.

Good Luck!!!

  • Rod Hanks
business profile image
Rod Hanks Insurance
4.9 stars
85 Reviews

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