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Reply to "Section 8 tenant not paying her rent "
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[quote=Anonymous]Not realtor or landlord so I’m free to say this: 1. Don’t buy in DC, where there is rent control, or where they don’t respect property (equal) rights. 2. Don’t rent to Section 8. I don’t care what they claim to promise this or that, the fact it is another party’s financing, and more restrictions and the government gets a say. 3. Don’t do business with the above. They (the government) are not honest brokers. Real estate or otherwise. 4. Why would you even be renting in a Property Class that would be Section 8 eligible for anyway? The eviction and vacancy rate is not worth the extra theoretical ROI when there is easier money that comes in, on time, every time. 5. Why do you think there is a higher risk premium and fewer players in this property class? Why do you think there are fewer below market rentals or why Section 8 has a hard time finding people to accept. There is a reason, no matter what the propagandists try to tell you.[/quote]
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