What You Should Know About Section 8 Property Management
Section 8 housing is a program set up by the federal government to help impoverished renters afford homes. A landlord can rent properties at market rates, and the government will then pay a subsidy to qualified tenants to help bridge the gap between what the tenant can afford and the cost of the rent.
There are legal stipulations, benefits, and potential pitfalls of renting to Section 8 tenants, and landlords should familiarize themselves to make the best decisions for their rental properties. (more…)