All Forum Posts by: E.A. Johnson

They will ask for market comparable rentals with the same number of bedrooms. Call the HUD office and they can probably give you a ballpark to see if your property will even qualify.

How much Section 8 will give you is determined by how many bedrooms and bathrooms you have plus the zip code the house is in. They will then do a market analysis to see how much they will give you. The number they give you is negotiable, don’t forget that. What I did was get my real estate agent to do the analysis for me to see what range I could get for the house. I’m Atlanta, there is an online tool where you can put in the address, bedrooms, bathrooms and it will give you a number. Check the Macon housing authority to see if they have such a tool.

If you own the property then you make the decision about if you want a section 8 tenant or not. If you don’t own the property then it may be different.

Section 8 will base rent off of how many bedrooms are offered. I have a 4 bedroom voucher for $1000.  Anything over the voucher will have to be paid by the tenant. As far as knowing if the property will be section 8 ready, you would have to have it inspected and they won't inspect until you have a tenant lined up.  The inspection isn't very hard, make sure the plugs are grounded, the hot water works, the toilets flush, drains work and light switches work.