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Updated almost 4 years ago on . Most recent reply
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Joseph Neilson - The Real Estate Professor
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hello to you all,
I just want to advocate that my 'section 8' tenants are my BEST tenants and have provided me wth sustained longevity. There should not be any 'horror stories' associated with them unless you simply enjoy non-sensical rumors & folklore. They should be viewed under the same microscope, and given the same opportunity, as anyone else.
In fact, what makes them BETTER tenants is that they are susceptible to an 'unannounced' home inspection at any time by housing inspectors; and if it is deemed that they are not taking care of your home, housing will issue a stern warning and (if they don't clean-up their act) remove them from the program; in which they can't afford to happen.
I have 17 section 8 tenants with an average of 7 years on lease and counting; also, the Veterans Administration has a similar program called 'VA-SH' that you definitely want to consider as well.
Thank you !!!!!