Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Chicago Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

13
Posts
3
Votes
Yoseph Kalman
  • Architect
  • Chicago, IL
3
Votes |
13
Posts

How much are you making from your section-8 units?

Yoseph Kalman
  • Architect
  • Chicago, IL
Posted

I'm looking to get an idea of how much people are getting from the CHA for renting to section-8 voucher holders. I found the "payment standards" document on the website but those numbers look higher than what I've been hearing. For those of you who are currently accepting section-8 in your buildings, how much are you getting for your 1, 2, or 3 bedroom apartments? Do you get more if it's a single family home or does it only matter how many bedrooms you have? What about garden apartments?  I'm looking at properties in Woodlawn, West Woodlawn, Washington Prk, or South Shore as an example. 

Most Popular Reply

User Stats

193
Posts
43
Votes
Robert D.
  • Investor
  • Bartlett, IL
43
Votes |
193
Posts
Robert D.
  • Investor
  • Bartlett, IL
Replied
Originally posted by @Yoseph Kalman:

Thanks for the tip. I very much doubt that will happen. He's never mentioned any such policy agenda in all of his many campaign speeches.  He's made it quite clear that he's very interested in helping the inner city families, working class families, and low income earners, not hurt them. But let's not get off-topic. 

you doubt that it will happen ? s8 was designed as a temporary help..it became a way of life. of course he did mention that "we will get people off welfare". s8 is exactly what hurts inner city families ...they dont care about anything cuz the check is coming. the idea is to get a job and start supporting yourself. 

Loading replies...