It takes 10 to 15 years to get a section 8 voucher no matter where you live in the country. That's no joke!
@mascaretllcmanager74814 ай бұрын
after waiting over 2 months (in IL) for inspections, re-inspections , etc, then got a hostile tenant because she felt her move in was inconveniently delayed…as if I had a choice! Surely would have prefered to get rent for those 3 months. not sure I’m going to let 8 inspect again; too many delays& lost rent and bad attitudes from all involved.
@LandlordAttorney4 ай бұрын
Thanks for sharing your experience
@meditatewithme48973 ай бұрын
Hi Ernie, thanks for the video. I'm getting into Section 8 housing and this was very helpful. See you at the next Greater Houston REIA meeting. - Randy
@LandlordAttorney3 ай бұрын
Glad to hear it!
@vchandraker4 ай бұрын
Ernie - Thank you very much for this video . Very informative
@LandlordAttorney4 ай бұрын
I'm glad this was helpful to you
@bornsupreme23044 ай бұрын
Very very very informative, as always!
@LandlordAttorney4 ай бұрын
I'm glad you think so.
@smooveking7734 ай бұрын
1st time landlord in Illinois dupage has a 2 heart beats per room rule so my tenant has her grown kids and grand kids 8 months in they found her house hold income was more due to her kids working and stopped paying her rent in full and she cant cover he 960 bucks adjustment and her kids outta state she claims sec 8 wont work with her or let her make appointments to adjust her lease 2 remove kids that work
@LandlordAttorney4 ай бұрын
Unfortunately, if the tenant suddenly becomes disqualified from their benefits, that might mean you are forced to evict if the tenant can no longer afford the unit.
@smooveking7734 ай бұрын
@@LandlordAttorney YES BUT IF SEC 8 KEEPS PAYING ME THERE PORTION WHILE THE TENANT DOSE NOT PAY THERE PORTION WILL THAT MESS UP MY EVICTION DO I TELL SEC8 TO STOP PAYING ME? AND REDO THE 5 DAY NOTICE?
@SOULESNATCHITH11 күн бұрын
YES SHE CAN REMOVE KIDS WITHOUT THEIR CONSENT! I REMOVED MY SON CUZ HE WAS IN ANOTHER STATE N MADE ALMOST 4000 a month! THE ONLY CON IS THAT ONCE REMOVED THEY CAN NOT BE PUT BACK ON UR VOUCHER!
@bulklogan53915 күн бұрын
Most Section 8 tenants are TURDS. But I did Section 8 my master efficiency to my brother who needs handicap accessibility. I made it so for him only and he gets the master efficiency with own door and kitchenette etc.
@LandlordAttorney15 күн бұрын
Actually, I've seen a lot of very happy landlords with Section 8 tenants. There are bad ones too, but bad tenants are everywhere.
@DAWN0014 ай бұрын
I am curious why anyone would choose to go through all the red tapes?
@LandlordAttorney4 ай бұрын
Once you're done, it can actually be a pretty profitable and stable situation.
@DAWN0014 ай бұрын
Okay. It’s just not my ideal way of making a profit, knowing the money comes from taxpayers and the paying party (whatever agency) has the power above you. I prefer equal negotiating power.
@julieludwig89274 ай бұрын
Because you can get up to 30% more than Market Value from Section 8.
@SauceGodBruhhh3 ай бұрын
Because mostly the houses your buying to rent to section 8 are very cheap it and high FMR…also loop hole can rent microwaves lawn service etc for side $
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