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To: George from New England

You do have a property management company handling this don’t you? Especially as an out-of-state owner. Get a good property manager and leave it to them.

Problem solved.


4 posted on 08/10/2018 7:26:48 PM PDT by Responsibility2nd
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To: Responsibility2nd

Still say no to Section 8


5 posted on 08/10/2018 7:31:10 PM PDT by Kozy (new age haruspex; "Everyone has a plan 'till they get punched in the mouth.")
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To: Responsibility2nd

“Get a good property manager and leave it to them.”

Yup. As an out of state landlord myself, I agree with this 100%. Regardless of your decision on section 8.

We have rented one of our properties through section 8 in Nevada. I agree with the other post above that it’s probably not worth it. The good news is that the government pays the rent to you, so the money is guaranteed every month. On the other hand, they have all sorts of requirements to make your property eligible for the program. Between them, and your new entitled tenants, they really act as if they’re doing you a huge favor allowing you to participate in this sweet deal. If you’re in a solid rental market, I wouldn’t do it again.


7 posted on 08/10/2018 7:38:40 PM PDT by Dr. Pritchett
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