Reply to Section 8 tenant not paying her rent

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[quote=Anonymous][quote=Anonymous]Sht, I’m an investor and haven’t looked into this area that much. I’ve been mostly scared by horror stories.

But I’m wondering if I can buy something cheaper in one of the crappier neighborhoods that still has decent “approved rents” by dc for a 3 or 4 bedroom. Throw in some builder grade materials and rent it out for like $3,400 a month.

Obviously, It’s still sketchy kind of risk, unless I am ready and willing to potentially only accept only the voucher paid portion. But really I could probably do a decent job screening, as there’s so many people on the voucher waiting list for housing. I think it’s in the thousands.

I need to learn more about what the upkeep requirements are and hell I could make this profitable. Either way at the end of the day, why are we paying poor people to live in the city anyway? Why are we trying to foster generations of property by subsidizing their living? I still don’t get what we do that. What vested interest do we have in housing poor people? Is it so certain politicians will be reelected? Why don’t we just let the market work as it should and people will simply move to places that are more affordable?[/quote]

Sorry “generations of poverty”. I am voice to text.[/quote]

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