Don't know if I've asked t his before but does any1 own a property that they rent out to section 8? What determines the amount of rent U qualify for.
Section 8 home to rent ...
- Thread starter LuckyHungWellington
- Start date
I don't know how they pick their people or how they come up with their figures. What I do know is they will inform each party what they will pay and the renter and landlord will have to come to terms.
You should probably check with HUD in your State. If you google it I'm sure they have a break down chart or something for your area. Usually they go by income and what percentage a person can pay and they pay the rest. Some people like that because when the tenant starts fucking up they get money regardless. Some landlords try to over price the apartment and depend on the HUD money and if the tenant fucks up oh well.
I own property, section 8 in my state has a chart and they go by averages. 2 bed 1 bath apartment they pay $700 in my area.
Don't do it.
Sent from my SPH-L720 using Tapatalk
Sent from my SPH-L720 using Tapatalk
Here is the chart for NYC:
http://www1.nyc.gov/site/nycha/sect...standards-vps-utility-allowance-schedule.page
I'm looking to get in on the action too. Direct deposit, and you can choose who you accept. It's rough, but if you got the heart, you can do it. People make huge money every year doing nothing but this.
http://www1.nyc.gov/site/nycha/sect...standards-vps-utility-allowance-schedule.page
I'm looking to get in on the action too. Direct deposit, and you can choose who you accept. It's rough, but if you got the heart, you can do it. People make huge money every year doing nothing but this.
yep,and they add on for other shit ceiling fans +10, but it is state by state. they cashflow is better but you have a hard time selling them and more headaches from the type of people in them/
Similar threads
- Locked
