Section 8 investing means renting property to tenants who hold federal Housing Choice Vouchers, with a substantial portion of the rent paid directly by the government to the landlord.
Log in to followWorking through an underwriting problem on a 12-unit that a seller describes as 70 percent voucher occupied. Contract rents average 1,180, HAP portion averages 790 of that, so rou…
Building out services for small landlords and voucher compliance keeps coming up as something people say they'd pay for, so I'm trying to price it honestly rather than guess. Two…
I'm planning a first purchase and I've narrowed to two single family houses, both around 1,100 square feet, both older. Section 8 keeps coming up as the steady option and the paym…
Went through the paperwork packet for a unit I'm looking at and the tenancy addendum has a line saying that in case of conflict between the addendum and the lease, the addendum co…
I own one small rental and I'd rather not add a second job to my week. A friend told me Section 8 units are actually less work than market rate because the rent shows up on its ow…
Talked to the housing authority about a unit I'm finishing and the sequencing seems designed to put all the risk on me. They won't schedule an inspection until the unit's ready an…
I've been reading three different sources on a market I'm underwriting and they use three numbers as if they're the same thing. One quotes a fair market rent of $1,300 for a two-b…
Two-bed unit in a small portfolio, payment standard for the bedroom size is $1,450, market for the same floor plan across the street is around $1,500. I submitted at $1,400 and th…
My usual seat is on the capital side, so this is an income stream to me rather than something I'd manage. What's tripping me up is the rent split. What I understood: government pa…
I've been reading the paperwork side of this before I look at any property, and I have three documents in front of me that seem to overlap. There's the voucher itself, there's a H…
Housing authority did an annual on a three-unit I manage the maintenance side of. Units 1 and 2 passed. Unit 3 failed on bathroom ventilation, the fan runs but the inspector says…
I've got a duplex under contract and a property manager telling me the housing authority inspection is "free and pretty easy." That doesn't square with a landlord I talked to who…
Something isn't adding up in what I've read. Every article says the government pays the rent and that's why Section 8 is safe income. Then I read a comment saying the tenant pays…
Trying to understand the rent side before I understand anything else. My understanding is that there's a published number per bedroom count for an area and the housing authority w…