i had section8 application for my rental property. They look nice and clean. also, they have good job. i'm kind of like them but get scared what most people said bad things .i would like to know how long it will take to process till they can move in. my property in Las Vegas. should i wait for them or just take the other people that ready to move in?
2007-06-22 18:25:15 · 6 answers · asked by landlordlv 1 in Business & Finance ➔ Renting & Real Estate
I am a real estate agent in Texas. Several years ago I got a call from an elderly man that was in a nursing home. The government was requiring that he sell his rent house before he could get government assistance.
The section 8 renters he had would not allow anyone to come into the house. Their lease was expired so the owner tried to evict them. the government required him to go in front of a hearing and required him to give them more than 60 days notice.
The big problem with that was that the same government was requiring him to sell this house within thirty days or they would have him evicted from his nursing home!
A lot of yelling and pleading didn't work so he eventually sold it for an extremely low price so that the buyer would buy it without looking at it.
No, don't rent to section 8 because I don't trust the government.
2007-06-23 03:28:05 · answer #1 · answered by glenn 7 · 0⤊ 0⤋
2
2016-07-19 02:31:16 · answer #2 · answered by Jorge 3 · 0⤊ 0⤋
Hi,
As a Landlord I wouldn't recommend renting to section 8 people. They (on average ) have too many problems that come along with them. I had a women that had nine kids, but only four were suppose to live there. Well that wasn't the case! The others took turns living with her and some were felons. The other kids caused a ton of damage so the apartment needed to be gutted and resheetrocked. It's not worth the risk. Sorry section 8 people, but the majority of you have no respect for other peoples property.
2007-06-23 02:21:27 · answer #3 · answered by skiingstowe 6 · 0⤊ 1⤋
Most Landlords are less than keen on renting to Section 8 folks for several reasons. You won't be able to collect damages if they trash your property.They are difficult to evict and require a 1 year lease. Since they are basicly getting a very inexpensive home they tend to not place a high value on it. In other words " if something is free it is worth nothing"
All their children, boyfriends, girlfriends and subsequent progeny will move in, because "They have nowhere else to go!" (translation: they have nowhere else to go, that's FREE!" These are generally folks who are in their situation because they probably made some less than wise life choices so do you want to trust them with something as valuable as a piece of Real Estate?
2007-06-22 21:37:49 · answer #4 · answered by vlvtnrbt 3 · 0⤊ 0⤋
It's your choice. The process for approval of your property is fairly straightforward. The housing agency will check certain issues to insure that compliance with agency standards is met, and then you will be asked to sign THEIR lease (the agency).
As a landlord of more than one decade, I no longer accept Sec 8 tenants. I think you already know why. Another poster has given you all the reasons, and his experience has been mine as well.
I know it's not terribly fair to classify ALL Sec 8 renters thusly, but the percentage I got in my properties was more than high enough to cause me to reject them, as soon as it became legal to do so.
2007-06-23 01:51:44 · answer #5 · answered by acermill 7 · 0⤊ 0⤋
i was actually on section for about 3 years. from what i remember social services sent someone to do a pre-move-in inspection and then i moved in, having to start off signing at least a year long lease. as long as they are reliable people with monthy income and you don't get a bad vibe, i'm sure you'll be all good. just use your experience and judgement as a landlord. best of luck
2007-06-22 18:31:23 · answer #6 · answered by MichiganGuy 2 · 0⤊ 0⤋