Tenants in the Section 8 program, advantages and disadvantages from experience? Tenants in the Section 8 program, Jethro…
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Oz Zarbian
Everything is true but…
In this period of Corona, an ordinary tenant who is fired is stuck without a bribe, and can not be evacuated because the courts are closed, so Section 8 money comes in safe, Section Tenants it is also a matter of luck, (with over 8 years experience) and there are contractors who work against them and know To deal with them then it is not certain that they will destroy the house (and this does not include), during the inspection the contractors go up half and less, and take care to move the house and everything goes on as usual, Tachles I would not cancel!
Money arrives on time. The tenants are destroying the house.
It very much depends on which city, which management company (many don't want/can't) manage section 8, and also which house. I personally already know the first time I see a house if it can be suitable. And I deeply understand what is required of Session 8 in my city.
I own a property that 80% are section 8. Advantage: The payment comes on the first of the month from the part of the state or state that is all the rent or most of it. A second advantage is that the tenant maintains the conditions of the place, otherwise he will lose the voucher. Disadvantages, difficult tenants who do not usually work and the wear and tear in the apartment is great. Section 8 requirements for large tests each year
Does not work with 8 point section. Just trouble.
After all, every property has advantages and disadvantages does not it?
If there is a management company that knows how to deal with Section 8 on the one hand and with the tenants on the other hand it can be excellent. A very experienced management company is the only condition. I have experience with Session8.
Jonathan Fabin
Eran Einav Noa Rosenberg Heldman
Section 8 inspections are becoming every six months now. This causes insane costs.
The annual inspection is very annoying. They ruin on average more than a regular tenant and you can not charge them a dollar for it. Do not work, all day at home ..
There should be a balance between Section 8 and free market occupants
Clear advantages.
Cons:
1. Do not pay their share on time and have to chase after them.
2. Most of the time they do not really work which means they have a lot of free time at home and they surprisingly tend to ruin it, although supposedly there is state inspection and if they did not keep the property at the same level as they got it they may lose their budget, in general, to the state Do not care. Before the tenant came in they made a careful inspection and made sure everything was tip top. After a year and a bit the tenant suddenly disappeared and left behind a ruin and the country did not move…
Most tenants stay long term and pay on time. What annoys me is the inspections they make every year. It can sometimes hurt in the pocket. And you must do what they ask.
Healthy head for a sick bed -
Advantage: Payment from the state
Disadvantage:
Their evacuation will be longer and more expensive,
Some do not pay their share of the rent,
The property must meet a certain code,
This is a population from the bottom of the plateau of America -
And sometimes this is how they treat the property as well.
Do not recommend
From personal experience, usually stay longer term. And do not know why but the condition of the house was really bad after they left?
Pay on time…
Destroying the house, lots of expenses on repairs
Big advantages: a secure rent payment from the government + a slightly higher payment than a regular rent
Cons: There is an inspection on their behalf + the tenants are usually less good
Pros: Pay on time, pay above market
Disadvantages: Low socio-economic level. Sometimes there are many of them and a teacher has to help solve dramas