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Updated about 8 years ago,

User Stats

116
Posts
31
Votes
Martin Sterling
  • Flipper
  • Staten Island, NY
31
Votes |
116
Posts

To Section 8 or not to Section 8... That is the question!

Martin Sterling
  • Flipper
  • Staten Island, NY
Posted

Greetings. 

I know many investors who detest section 8 Tenants and can't stand or won't rent to them period. They especially hate owning or flipping properties in low income areas that usually have section 8 housing. 

Conversely, my mentor who is by all indications far more successful than the majority of local investors has built a very large portfolio in a short amount of time primarily on section 8 tenancy and prefers them to Tenants who are not qualified for section 8. 

What's the deal with these two extremes? It becomes difficult to find partners on section 8 deals when it seems most of the investor community has a bad taste in their mouth from it out here in South Jersey. 

What does the BP audience think about a section 8 prefirenze?

Thanks in advance. 

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