All Forum Posts by: John Liberati

We would be interested in participating. We've been around in Multifamily apartments for about 15 years.

Tracie'

I used to feel the same way. But I have properties in an area that there are high evictions and couldn't figure out how to control it. I accepted 1 section 8 tenant and released that they weren't any worse than the market rent tenant. There are a couple of things that you have over a section 8 tenant. You do your inspection once every 3 months or once every 6 months however you feel comfortable with. If their not taken care of the property, dirty destructive you give them 10 days to clean it up or fix what they did. You notify section 8 by sending them the letter and in 10 days if not cleaned up you evict them per your lease. The apartment will be cleaned up because section 8 tenants if evicted, will lose their voucher.

Also section 8 tenants live in their units longer and that means fewer vacancies. After getting more section 8 tenants, we went from being in court with a couple of tenants a month to maybe 1 every 4 or 5 months. And when you take a section 8 tenant to court, they usually will pay or take care of the violation and not need to be locked out. We have a few hundred units now and have the majority of them filled up with section 8.

I hope this helps. Any questions feel free to reach out to me.