are there advance and dis-advance for landlord if he rent out his properties to section 8 people..?

Question

thanks every body, the information is very helpful. Marry christmas and happy new year

Answer 1

eFirst, you are guaranteed the money by the state. You first have to go through an inspection process. The state (depending on your state's law) will make an appointment to visit your rental property. Afte approved, your name will go into there system. Again, this is guaranteed money. If the tenant destroys, vandalizes, illegal activity, etc. they lose that section 8 housing.....forever. That's a definite advantage as a renter!

Answer 2

1. It can take a while for the housing to be approved. An inspection of the unit will be performed by a Section 8 representative. They'll give you a list of items that must be repaired. When it's repaired, you call them and they re-inspect. If everything's to their satisfaction the paperwork can go through and you'll have a Section 8 tenant. If it's not, then you have to fix it again and re-inspect.

2. The rent payment might not always be on the 1st, sometimes it's the 3rd or 5th.

3. If you increase the rent when the lease is up, you have to submit a copy of the new lease to the tenant's Section 8 case worker for approval. I think it's 60 days notice.

The property managing company I worked for usually didn't accept Section 8 tenants for the above reasons. Once a tenant was in, though, it usually wasn't so bad. Just had to remember the 60 days written notice to Section 8 for a rent increase.

Answer 3

Personally, I found nothing but disadvantages to renting to Section 8 recipients.

Property must be inspected and approved by Section 8, which can take weeks.

Landlord must use Section 8's lease and accept/rent on Section 8's terms.

Your rent is not guaranteed unless you have lived up to Section 8's contract. Section 8 can (and will) refuse to pay their portion of the rent if any violations are found, even if the tenant caused it.

Section 8 tenants are not collectable. Every single Section 8 recipient that has applied for my rentals in the last 8 years did not qualify for credit/collection, criminal, prior landlord reference(s) and/or eviction issues.

If a Section 8 tenant causes damage or does not pay rent, you may be able to get a judgment, but will never be able to collect.

Some say that a Section 8 tenant will lose their voucher if they do not pay their portion of the rent or cause damages .... most of the time this is untrue. Been there, done that a decade ago.

If a Section 8 tenant violates the lease or does not pay rent, they get free advice via legal aid. If you are going to evict a Section 8 tenant, you should use an attorney.

Answer 4

they are not "Section 8 People", they are people who get help w/housing from Sectiotn 8!! And there are some disadvantages, they normally trash the place, do alot of damage, and move on to the next!! Leaving me no-recourse!!