Real Estate Success With Jim Ingersoll

This week's podcast is all about the Good, Bad and the Ugly of Section 8. Your host, Jim Ingersoll, covers all the bases to help you, the Landlord, see the entire picture and help you determine whether you want to rent to Section 8 tenants. 1. What is Section 8?: Section 8 is a government program that dates back to the Housing Act of 1937. Section 8 pays rent for over 3 to 4 million low-income households. A variety of Section 8 programs are available to low-income tenants, but the most popular is the voucher choice program. This program will pay either a portion of the tenant’s rent or all of the tenant’s rent depending on the individual tenant’s financial situation. 2. The Good: Most Landlords either love or hate the Section 8 program. They love it because they don’t have to worry about receiving full payment of their rent on-time, every single month. They don’t need to worry about checks being “lost in the mail” and a million other excuses tenants use to not pay their rent on time every month. And they love