Back in the day when I bought houses for rental property, I was lured into the Section 8 guarantee of getting paid every month by the government. I recall calling a previous landlord for a reference on a single sista who I was going to rent to and her previous landlord said to stay away from her because she trashed his house, had dope parties all night long and was operating a ho house. She was all sweet and candy nice to me when she filled out my application. My first impression was that she would be a good tenant. Needless to say I didn't rent it to her and given that this was typical for Sec. 8 dwellers, I decided not to rent to Sec. 8 candidates, give up the guaranteed monthly rent and take my own risk doing a better job at prequalifying potential renters. Saved myself a lot of headaches. I did rent to some very young nice married couples who were in need and were honest, decent people who respected the house and their neighborhood, and they paid their rent, and when they had struggles, I worked with them.If you value your rental house, don't rent Section 8. It's a losing proposition. These low-lifes who are qualified for Section 8 hop from house-to-house because they get evicted for trashing the houses and ruining the neighborhoods. That's their lifestyle. And there is no punishment or accountabilty from the government when this happens. They are just poor victims of society. They jess wants dey free stuff. These are the fruits of the the great society and liberalism.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<