section 8 housing

Performance Property Real Estate Question

Should Landlords Rent To Section 8 Tenants?

Q: Gerald, some people say section 8 is great for landlords and others say it’s a disaster. Should I rent to section 8 tenants? Shane, Scotch Plains, NJ A: Although the Fair Housing Act doesn’t offer protection to tenants based on their source of income, more and more places in the US are adding that protection to local fair housing rules. Legal or not, I don’t think it’s smart business to disqualify a potential tenant based on their source of income. There are good and bad tenants within any group of applicants. One of the keys to being a successful landlord is having a well thought through, repeatable process to screen tenants. Section 8 is almost guaranteed money for landlords […]

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