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Re: Section 8? - Landlord Forum thread 348503

Re: Section 8? by Katiekate (New York) on September 22, 2016 @22:10

                              
Well, the topic is no so straight forward as a yes or no answer.

So..first, the administrative headache. If you accept such a person, they then go apply to get section 8 for YOUR property. They were probably approved for a section 8 voucher in general...but it can only be used to s specific property. So..they go the housing office and apply for you place. In about a week or two, you get a call...there is an inspection that has to be done. Your place must comply with their codes (not to be confused with the city codes). So an inspection is scheduled for the next week (unless they are short handed..then it could be a couple of weeks). Now...it is the end of the month. You still do not have a tenant moving in for sure. You get s list of "repairs" you must make...and by the way..sect 8 will NOT pay as much as you are asking.

What do you do? You waited all this time...now you have no tenant moving in on the first...

Ok..you figure to accept the lower rent...you make repairs. Now you wait for a re-inspection. By the time that is done... You lose another half month rent. But...now you are told that you will sign one of the lease agreements that housing office has...not your agreement...theirs. Read it carefully, it is written to protect the tenant and the housing office..not you. AND..now you learn...no damage deposit. So..you are going to eat the 100% damages on move out with nothing to help offset it at all.

With all that said. I had a couple of retired people on sect 8. Never an issue. Nice folks and no problems. I have multiple times purchased houses with sect 8 families already in...,what a nightmare. And damage on move out that was extensive. You cannot discriminate against children. So...how do you figure out which ones are going to be ok? Credit check? You cannot be serious. They are on section 8 after their situation resulted in teprashed credit. Background is all you can do.

Should you? Depends on the property. Depends on the neighborhood. Depends on you.
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Re: Section 8? by Stefany (GA) on September 22, 2016 @22:50 [ Reply ]
Thanks, this is helpful. Definitely looking for some first hand experiences. The retired couple you speak of would be the "ideal" Section 8 renter.... But I'm thinking they are few and far between...

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