4 Reasons Why We Decided To Become Section 8 Landlords
We know that often, Section 8 is either looked down on or totally overlooked. We also know, everyone dreams of being a landlord or collecting rent until they see the hassles associated with being a landlord. Although, Section 8 requires more effort and a higher compliance standard, it is fully worth it. Here are 4 Reasons Why We Decided To Pursue Section 8.
HOMES ARE BETTER CARED FOR
If you have been in the rental market like us, you know, no matter what market it is, high end or affordable housing. Tenants just don’t take care of the homes. Since the housing authority regularly inspects the homes. The tenants are required to take better care of the homes and keep them in good order.
RENT IS TRANSFERRED AUTOMATICALLY TO THE ACCOUNT OF YOUR CHOICE
With Section 8 Housing, we as home owners go through a rigorous screening process and inspection. Our reward is, rent payed by the housing authority like clockwork to the account of our choice.
BETTER TENANTS AND LONGER OCCUPANCY
Believe it or not, Section 8 tenants are typically better for your home. They have strict standards to abide by or they lose their status for housing. We not only screen them, but so does the housing authority. This is an extra layer of assurance of good house keeping.
BEST WAY TO ACHIEVE PASSIVE INCOME
Section 8 Housing is about the best way to assure your monthly cash flow. With Section 8, the tenants are carefully screened and the Housing Authority pays the homeowner monthly. The payments are direct deposited like clockwork. All you have to do, is sit back and enjoy the steady cash flow.