Posts Tagged 'House Rental'

Easy Guide For Renting Out Your Property To Section 8 Tenants

Posted on: May 25, 2011

Categories: Procedures, Profit

Author: lbuen

Easy Guide For Renting Out Your Property To Section 8 Tenants

Many posts ago, we discussed the merits of taking in Section 8 tenants. Many landlords are lured to rent out their properties to these tenants because HUD’s Section 8 has made things easier for them in terms of minimizing late rental payments; property protection; minimizing turn-over; and shortening vacancy periods. If you want to your rental property business to be virtually stress-free, then follow these steps:

Prepping The Rental Property For Section 8 Tenants

Getting the rental property ready for inspection by interested Section 8 tenants would obviously be the first thing to do. Stage the home to make it more appealing and do not forget about curb appeal to lure them inside. When renovating properties for these type of tenants, go for durability over grandeur. Remember that there is a mandatory Section 8 inspection, so forget… Read the rest

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Section 8 Tenants – the Good, the Bad, and the Ugly

Posted on: September 15, 2009

Categories: Profit, Things To Consider

Author: buyfixandprofit

Section 8 Tenants – the Good, the Bad, and the Ugly

What is Section 8?

The Housing Choice Voucher Program, more commonly know as Section 8, is a federal housing program administered by the department of housing and urban development (HUD) which provides assistance to low income renters and in some cases homeowners.  This assistance comes in the form of rental subsidies paid directly to the landlord.  For real estate investors and rehabbers, the key point here is that section 8 pays 100% of the tenant’s rent in some cases.  100% guaranteed rent in low income neighborhoods provides for some awesome monthly cash flows.  With that said, get ready for more frequent maintenance and repairs being needed at the property.

Section 8 does not pay for any damage caused by… Read the rest

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