New Landlord Evicts All Section 8 Tenants Due To Bureaucracy

  Рет қаралды 5,494

Real Estate Investing and Landlord News

Real Estate Investing and Landlord News

Күн бұрын

Пікірлер: 89
@vintageradios7790
@vintageradios7790 2 жыл бұрын
Landlords have the right to rent their private housing to whoever they want without government interference if the government don't like it let the government provide housing for the tenants
@SabrinaDacosta
@SabrinaDacosta 2 жыл бұрын
Ok. So if you don’t want government meddling into your rental business then stop taking all the tax deductions it allows you. Can’t have your cake and eat it too.
@georgewagner7787
@georgewagner7787 2 жыл бұрын
What deduction? You mean the $350 a month I pay in taxes?
@SabrinaDacosta
@SabrinaDacosta 2 жыл бұрын
Nope. I’m talking about depreciation, mortgage interest, repairs, home office, and just about anything related to operating a rental business that is allowed as a deduction by the GOVERNMENT a.k.a IRS. If you are not taking those deductions and using them to your advantage to offset a W-2 job or to claim a loss or break-even business then you need a better tax person.
@shentino
@shentino 2 жыл бұрын
How about both government housing AND Section 8? Governments are cash strapped as it is and still have a duty to provide housing that beats what you can get at the county jail so that people have an incentive not to beat someone up just to get a free stay in jail. But still patrolled by cops to keep the homeless both in line and safe. But there's no problem with that housing authority accepting section 8 occupants, and that's a good idea. A government that's brave and prudent enough to put forth a homeless shelter should very much be rewarded by HUD via the local housing authorities with a boost in rental income that could takes some of the pressure off their tax base.
@justme9723
@justme9723 2 жыл бұрын
@@SabrinaDacosta maybe they shouldn’t tax rental income all together. How about that?
@markmyjak7739
@markmyjak7739 2 жыл бұрын
Low quality tenants = low quality repairs.
@SabrinaDacosta
@SabrinaDacosta 2 жыл бұрын
Low quality renters = low quality repairs = slumlords
@Superduper666
@Superduper666 Жыл бұрын
It's annoying these people who use the system are able to live in nicer places than people who are honest
@PreppyPrincess777
@PreppyPrincess777 2 жыл бұрын
Not worth the headache
@DDuanFord
@DDuanFord Жыл бұрын
Having been a landlord for the last 8 years, I can honestly say that I have been fortunate to have great tenants, who have vouchers from different counties in the metro Atlanta area. The tenants take care of the units as if they own them. They show a lot of pride in maintaining their individual units. On the one hand, Section 8 is great because you know you will have the rent directly deposited. So, during Covid while many landlords were not receiving rent, Section 8 continued to make those direct deposit payments. But, on the other hand, there are those inspections and rent control features. There was one agency that was hired to do the inspections and I really started to wonder if they received bonuses for failing units. Sometimes, the simplest of things would cause the unit to fail, like missing light bulbs or loose door seal trim around the fridge. As for rents, landlords don't have much say as to how much they can charge because Section 8 makes that determination. So, if the landlord wants to charge $1250 for a 2/2/5 bath townhome unit and Section 8 says the rent can only be $800, then either the landlord agree to that amount or the landlord decides against participating in the voucher programs. Unfortunately, as property taxes and insurance rates have rapidly increased, the tenants' rent amounts have not. So, as much as I value my great tenants, if I cannot maintain the property based on what Section 8 allows me to charge for rent, then I have no other choice but to discontinue my participation in the program. I have already expressed to my tenants that it is unlikely that their leases will be renewed because the rent will increase. So many folks think landlords are out here being greedy. But, there are so many factors, in addition to mortgage, property taxes and insurance, i.e., maintenance, pest control, lawn care, repairs, etc.
@jaeshin8526
@jaeshin8526 2 жыл бұрын
When did we ever see high quality tenants
@shermanw711
@shermanw711 Жыл бұрын
Women who should be working sitting at home doing nothing kids are taking care of parents no kids no home it a shame that blacks and Latino women having multiple children and not ever working for anything so it's going to be hell even more when they start eviction of section 8 people shelter are full of illegal aliens America is on fire 🔥
@shermanw711
@shermanw711 Жыл бұрын
1st they don't pay nothing they are destructive especially their kids no self respect ssi and section young women
@lindamerchant123
@lindamerchant123 Жыл бұрын
You mean no welfare or SSI recepients as tenants as potential problem renters
@anthonyhuber-permanentlyre7808
@anthonyhuber-permanentlyre7808 2 жыл бұрын
*So, while middle class Americans struggle with increasing rents, these people get to stay in a high-end luxury apt. building while in Section 8???* How is that even remotely fair??? The taxpayer is being fleeced.
@musictosoothe
@musictosoothe 2 жыл бұрын
You are right. Section 8 should not be for high end rentals at all. If it is, there's a problem
@RH-gn1hi
@RH-gn1hi 2 жыл бұрын
Section 8 pays based on number of bedrooms and has a maximum rent amount they will pay. It is illegal to charge a s8 tenant more than that amount. Therefore, luxury apartments will most likely be leased to market tenants as they will be above the s8 rent cap.
@lindamerchant123
@lindamerchant123 Жыл бұрын
If the rich don't get those luxury apts first
@jessikaburris4667
@jessikaburris4667 Жыл бұрын
Nah they don't get to stay in high end anything
@stacypifher4443
@stacypifher4443 Жыл бұрын
I’m a excellent tenant and I’m on section 8 I keep My place clean, organized, bug free, all my past landlord’s said I can always resent. I wish the politics and bad renters be good renters
@mpa8336
@mpa8336 Жыл бұрын
NEVER complain directly to HUD, or the Housing Authority. Complain to your US and state representatives, and senators. In writing. HUD does nothing unless you go Congressional.
@WillieTheWino
@WillieTheWino 2 жыл бұрын
Absolutely no Section 8 when I get my building rehabbed. It's risky enough renting these days because you never know when the government is going to find another crisis to enact another rent moratorium and I'll be stuck with housing deadbeats for free for God knows how long.
@seanrussell1242
@seanrussell1242 2 жыл бұрын
I am from Atlanta and they are off the chain. I stopped using them years ago. Get new roof and redo driveway.
@jcoolman4854
@jcoolman4854 Жыл бұрын
At least he was lucky to get email from the housing authority. In Newark NJ they won't even bother email you back nor answer the phone.
@lloydhicks2572
@lloydhicks2572 9 ай бұрын
Go Big Red! Saw your T-shirt. Live in SC. I recently lived in Papillon NE
@williamjohnson5877
@williamjohnson5877 2 жыл бұрын
I have section 8 tenant in a single fmily home that I own in a nearby city. I spent over $5000 in home repairs after prior section 8 tenant left the house a mess. The repairs were necessary for house to pass section 8 inspection prior to current tenant moving in. So, after over $5,000 of repairs, the house passes inspection, and a new section 8 tenant moves in. The new tenant has been living in the house for 3 months, and I have yet to receive a rent payment from section 8 for that property. What's good about section 8? The rent money owed will eventually get paid. And, I don't have to rely on the tenant to make monthly payments. The tenant is getting a great deal, free housing in a rather nice house, and hopefully will stay within section 8 guidelines in order to keep housing voucher. During pandemic, section 8 was making payments, while non section 8 tenants were not. The bad? Rent a little lower than what I could likely get with non section 8 tenants. Also, section 8 tenants can be unpredictable regarding how they might treat your property. This can be true for non section 8 renters as well, but with proper screening, I believe you are more likely to land a non section 8 tenant who will take reasonable care of your property than a tenant in section 8 program.
@justme9723
@justme9723 2 жыл бұрын
Section 8 tenants are the worse. They do not care or respect your property and they will trash it. They are rude and disrespectful. And the section 8 agency don’t help or pay for the damage. They say you are on your own for the damage. So what good is section 8?
@stacypifher4443
@stacypifher4443 Жыл бұрын
I pay 30% of my income to rent, I make it point that my rent is paid a few days before the 1st. Always take pride in one’s places s everyone is happy
@titanarum666
@titanarum666 Жыл бұрын
unless you want your property destroyed . never ever rent to section 8 ... my propertys are out of reach with the rent fee ,deposits ,cleaning fees , back ground checks and refences from former land lord for all applancants to my propertys .. only had one evection in 10 years
@rudedog3529
@rudedog3529 2 жыл бұрын
Years ago I had section 8 want me to replace an entire sink because of 1 chip the size of a pencil eraser. ( San Diego ) I told them to get bent.
@michaelb9599
@michaelb9599 2 жыл бұрын
I'm in the same market. Curious, was that the tenant or HUD that made that request? And how did your response go over?
@rudedog3529
@rudedog3529 2 жыл бұрын
@@michaelb9599 It was SDHC. They changed inspectors. I didn't replace the sink and sold the property a couple of years later.
@markmyjak7739
@markmyjak7739 Жыл бұрын
😅😅😅 Thanks, Tony, for the comment. Quality tenants.
@shentino
@shentino 2 жыл бұрын
Sue the housing authority and get a writ of mandamus for the performance of a ministerial act. Then get the housing authority held in contempt until they get off their asses and process the new landlord's paperwork.
@MoniqueBurns
@MoniqueBurns 2 жыл бұрын
I sell newly renovated Detroit properties to investors and I KZbin about it. Although I prefer Section 8 tenants because of the regular income, that red tape is NO JOKE. I use the schedule send feature in gmail to remind myself to find the string of emails and ask again and loop in a director and start the email with FIFTH ATTEMPT or whatever. I warn my investors they may not see their rent start rolling in until 3-4 months after they purchase the house. But once it comes in, it’s retroactive and on autopilot. I also screen my applicants by seeing how they take care of their current rental so to say S8 tenants aren’t good just isn’t true (as people like to comment!). The irony is I now have 3 houses for sale with excellent paying nonSection 8 tenants and none of my regular or new investors will buy them. 12% ROI asking $72k. I tell them no inspections, no waiting for rent, no unnecessary repairs. Nope. They want Section 8 only tenants. They’re more afraid of how long evictions take now. Section 8 tenants have less of a chance of being evicted. True. But jeez Louise I have 3 houses with excellent payment history track records. Thanks for your great videos. I’d love to run into you too. Fun!
@shentino
@shentino 2 жыл бұрын
Section 8 tenants also have an incentive to not get evicted, because anything you can evict them over will also get their voucher revoked.
@alydeeqb8849
@alydeeqb8849 2 жыл бұрын
THEY DON'T WANT YOU THERE ANYMORE PERIOD CALL TYRONE 💯
@tracy6947
@tracy6947 Жыл бұрын
🏆
@Alfred.E.Newman
@Alfred.E.Newman 2 жыл бұрын
COME ON MAN good for them
@michaelduke4500
@michaelduke4500 2 жыл бұрын
It's easy......Don't deal with any government programs. If it has anything to do with the federal or state government, walk away. Remember the KISS principle.....
@jamesmadden-buchanan6954
@jamesmadden-buchanan6954 2 жыл бұрын
Give it long enough,and government will probably seize spare houses to give to their voters.
@shentino
@shentino 2 жыл бұрын
They will if someone isn't on duty as even the most feeble of owners to make sure the property taxes at least get paid. There's always a minimum obligation to be paid one way or the other before your ownership gets revoked. The bank with the mortgage might be able to punish an irresponsible landlord who lets himself get screwed out of rent money but the government will always be the last watchdog.
@da4441
@da4441 2 жыл бұрын
Great channel.
@RH-gn1hi
@RH-gn1hi 2 жыл бұрын
Every housing authority operates differently, so I completely agree with the landlord in the article. We have dealt with 4 different HAs and there is one that's notorious for being understaffed and slow. Others will provide same day communication. There needs to be a mechanism to report bad HAs to HUD.
@paulk9985
@paulk9985 2 жыл бұрын
Try your Congress or local member (I know, most are useless). I read a similar complaint and once the rep got involved, things happened for the landlord. Good luck. I stopped dealing with Section 8 years ago.
@shentino
@shentino 2 жыл бұрын
Section 8 is a good program, and a good solution to homelessness. It's probably underfunded!
@paulk9985
@paulk9985 2 жыл бұрын
@@shentino In theory, yes. In reality, HELL NO!!! That is, unless you want your property ruined and to lose thousands when the scum moves out.
@shentino
@shentino 2 жыл бұрын
@@paulk9985 That's only if the housing authority drops the ball or the landlord doesn't get them involved when they catch tenants violating section 8 rules. The most zero tolerance offense of all should be fraud, though to be honest it shouldn't be the landlord's job to police them when those kind of scum belong in jail
@jcoolman4854
@jcoolman4854 Жыл бұрын
Exactly. Newark NJ housing authority is the worst. It's taking about a year to get the first payment.
@da4441
@da4441 2 жыл бұрын
Quality content in these videos.
@cherimerchant6279
@cherimerchant6279 2 жыл бұрын
stop teaching witch hunting hate for the poor, not all section 8 tenants are "bad",landlords are getting their karma and are showing how souless and greedy and vengeful they can get,
@kennethhughley1611
@kennethhughley1611 2 жыл бұрын
Jermaine Dupree has a strong welcome to Atlanta. This is funny from first hand experience dealing with AHA!
@vintageradios7790
@vintageradios7790 2 жыл бұрын
Speaking of Section 8 housing in New York City I read an article in one of the papers yesterday that says Section 8 will now pay $1,945 for a one-bedroom apartment. That is a big giant increase that has been put into place. So this means if a slumlord with a slum broken down building wants to rent a Section 8 he will get decent money.
@beverlycovyeau1910
@beverlycovyeau1910 2 жыл бұрын
Hi , It's illegal to discriminate based on the source of income in Illinois. How do you handle that? Thanks!
@paulk9985
@paulk9985 2 жыл бұрын
Same in CA. Just require a higher FICO score.
@jimmyday9536
@jimmyday9536 2 жыл бұрын
Section 8 is not a source of income, as it is not paid to the tenant.
@bogdan78pop
@bogdan78pop Жыл бұрын
Section 8 is voluntary in Illinois......i don't accept vouchers, and i tell that to their face....i'm sorry but we don't want to affiliate with HUD..!!
@ayeflippum
@ayeflippum 2 жыл бұрын
Would it be better if they broke it up into 8 sections?
@rickschucker9697
@rickschucker9697 2 жыл бұрын
Stop saying, you know ,so much. Count how many times you said , you know in this video!!!
@cinnamonfreckles
@cinnamonfreckles 2 жыл бұрын
But wait HUD would charge landlords with discrimination for not wanting Section 8 tenants. False. It's HUD with their complete mess. Consistently blaming landlords and not looking at themselves aka HUD.
@tommyviews3568
@tommyviews3568 2 ай бұрын
“Snafu” lol media doing their job as always
@052970
@052970 2 жыл бұрын
Your bias towards section 8 comes through crystal clear. I assume you aren’t trying to hide your bias. In Massachusetts, section 8 is a wonderful program amongst landlords and tenants.
@r44bb98
@r44bb98 2 жыл бұрын
The fuck it is hahahah I'm a landlord in MA and section 8 are the absolute worst scum to rent to.
@mpa8336
@mpa8336 Жыл бұрын
OH wait- you're being sarcastic. I get it.
@lindamerchant123
@lindamerchant123 Жыл бұрын
Snafoo ..what's that??
@LuisaD93
@LuisaD93 Жыл бұрын
So why do you accept the program then? You make it Sound horrendous when I’m sure there are good to it as well. What’s your story?
@SCNYC
@SCNYC 2 жыл бұрын
How many lives did he ruin because he didn’t want to deal with section 8?
@natrixxvision6997
@natrixxvision6997 2 жыл бұрын
I would sue the city for damages. They botched it so clean em out.
@welfareleech1525
@welfareleech1525 2 жыл бұрын
Well isn't this landlord all high and mighty?! wow, he's impressing me that I can tell you. People like him is exactly why private landownership will be no longer. Enjoy it while it lasts landlords :)
@anthonyhuber-permanentlyre7808
@anthonyhuber-permanentlyre7808 2 жыл бұрын
*Yeah, then we can be like North Korea, how progressive & compassionate.*
@IslamicAmerica550
@IslamicAmerica550 2 жыл бұрын
@@anthonyhuber-permanentlyre7808 we will be new nation Islamic emirates states of America with sharia constitution. Death sentences for anyone break 10 commandments.
@paulk9985
@paulk9985 2 жыл бұрын
You again? OMG... .give it up.
@IslamicAmerica550
@IslamicAmerica550 2 жыл бұрын
@@paulk9985 your criminal career will be over and stop exorting and robbing other family wages. Get a job and support yourself. They need pass laws abolished all rental properties and taxes 100,000% on all rental properties to fund first time home buyers. Thats will ended all greedy property owners and everyone will have their own home. Or they will be civil war fighting for new nation Islamic emirates states of America with sharia constitution. They are over 200 millions homelesses and 80% of them are veterans. We the people will win the war for new better nation and arrested all criminal greedy property owners to face justice and death sentences to them. All criminal greedy property owners needs to atone and pray God to forgive their sins or face death sentences.
@truther001
@truther001 2 жыл бұрын
When the Marxist government gets full control, section 8 rentals won't even have running water. Enjoy!
@IslamicAmerica550
@IslamicAmerica550 2 жыл бұрын
Time for regime change. We need Islamic emirates states of America with sharia constitution. All judge must be Scholar of Islamic law. You can't be judge without God anointed. All leadership must be God appointed like king David and Mose. Anyone break sharia laws is death. Everyone must be in good faith and rightous with God.
@SabrinaDacosta
@SabrinaDacosta 2 жыл бұрын
Lmfao maybe that would fix all the corruption going on in the institutions..anything that will work pleaseee this country is turning into a shithole
@georgewagner7787
@georgewagner7787 2 жыл бұрын
For God so loved the world , he gave his only begotten son, that whoever believes in him shall not perish but have eternal life. John 3
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