Re: section 8 - Posted by ed
Posted by ed on October 17, 2003 at 22:10:09:
I’ve had many years working with section 8 housing first doing repairs and fixup, later as landlord. Some observations:
Section 8 is consistent, usually easy to work with if you’re not running a slum, and pays top dollar cause there is such a shortage of housing.
You can sometimes squeeze info out of the case worker about issues like housekeeping which are hard to find out elsewhere.
They supposedly have new programs to help their tenants become homebuyers which should give readers of this site something new to work with (although I haven’t been able to get this to work yet)
They do have families on the program, so if you are talking to a couple, ask if they are both on the program. If they are lying to section 8 they surely will to you to.
They are a little tougher on rent increases than just working with a tenant.
I’ve been told the program is locked up, no new cases. They will never go away, but I wonder if this signifies other cutbacks in the program coming.
All in all I would rate section 8 a strong plus if you’re willing to work harder to sift through tenants to find the 5-10% that will take care of your property