Managing Your Property
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Section 8 Question: Rent Guidance
Hello Everyone!
I have a quick question in regards to section 8. To anyone who has experience in renting out to section 8. I'm looking to get some SFH and do section 8. My question is how do you guys manage to find what the rents will be for the section 8 tenants. I know that they have their own scale of grading and setting market rents. Is that through a comparison of what the market is around and what the comps are like? I've been told that in some cases they end up getting more through section 8 and in other cases they make less. Would love to have some advice and hear what some of you might do to get accurate numbers so that you are not surprised when you are analyzing a deal and making sure it cashflows.
Thank you