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Updated over 4 years ago on . Most recent reply

User Stats

199
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42
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Simon Obas
  • Rental Property Investor
42
Votes |
199
Posts

Advice for section 8 tenants

Simon Obas
  • Rental Property Investor
Posted

Greetings. If a tenant is on section 8, do you still require them to have employment? I just put a rental on the market and a good amount candidates have section 8. How do I even accept section 8? Any advice is helpful.

Most Popular Reply

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2,710
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2,238
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Patti Robertson
  • Property Manager
  • Virginia Beach, VA
2,238
Votes |
2,710
Posts
Patti Robertson
  • Property Manager
  • Virginia Beach, VA
Replied

I love SEC 8, especially in a market like today where renters income can be unstable. It’s basically rent insurance for the landlord - for free. If you search BP for SEC 8 you will find hundreds of thousands of posts.

I require 1 times the rent in dependable reliable income if the voucher size equals my bedroom size, and two time the rent if the house has more bedrooms than the voucher budget.  


The topic comes up ALOT. My poor fingers got tired of typing the same thing over and over, so I put my tips and tricks in a blog post. Here’s a link if you want to check it out.

https://www.biggerpockets.com/...

  • Patti Robertson
  • 7574722547

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