S8 Prequal (by mapleaf18 [NY]) Nov 13, 2023 10:21 AM|
S8 Prequal (by Oregon Woodsmoke [ID]) Nov 13, 2023 10:34 AM
S8 Prequal (by mapleaf18 [NY]) Nov 13, 2023 11:04 AM
S8 Prequal (by tryan [MA]) Nov 13, 2023 11:18 AM
S8 Prequal (by tryan [MA]) Nov 13, 2023 11:19 AM
S8 Prequal (by S i d [MO]) Nov 13, 2023 11:39 AM
S8 Prequal (by MMIT [VA]) Nov 13, 2023 12:42 PM
S8 Prequal (by NE [PA]) Nov 13, 2023 1:23 PM
S8 Prequal (by Jonny [NY]) Nov 13, 2023 1:56 PM
S8 Prequal (by tryan [MA]) Nov 13, 2023 3:16 PM
S8 Prequal (by tryan [MA]) Nov 13, 2023 3:17 PM
S8 Prequal (by Ken [NY]) Nov 13, 2023 4:28 PM
S8 Prequal (by NE [PA]) Nov 13, 2023 4:48 PM
S8 Prequal (by zero [IN]) Nov 14, 2023 9:09 AM
S8 Prequal (by mapleaf18 [NY]) Nov 14, 2023 9:39 AM
S8 Prequal (by tryan [MA]) Nov 14, 2023 10:18 AM
S8 Prequal (by NE [PA]) Nov 14, 2023 10:21 AM
S8 Prequal (by Oregon Woodsmoke [ID]) Nov 14, 2023 11:26 AM
S8 Prequal (by Steve [MA]) Nov 14, 2023 3:58 PM
S8 Prequal (by pete [OR]) Nov 14, 2023 4:11 PM
S8 Prequal (by tryan [MA]) Nov 14, 2023 4:12 PM
S8 Prequal (by plenty [MO]) Nov 14, 2023 4:29 PM
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S8 Prequal (by mapleaf18 [NY]) Posted on: Nov 13, 2023 10:21 AM
Sorry for being a blog hog however I recall some sort of calculation being mentioned based on the S8 tenant's share of the rent that most S8 tenants will not be able to produce.
One would be credit score over 620
Something like 3-4X their share of the rent in reserve
I think I also saw some sort of calculation on the Lumberjack Landlord channel as well.
Please feel free to share.
S8 Prequal (by Oregon Woodsmoke [ID]) Posted on: Nov 13, 2023 10:34 AM
Section 8 has some really odd requirements, like how close to the house a tree can be, the spacing on porch rails, requiring hurricane straps in areas where there are no hurricanes.
Probably in most states there is something that can be done with the house that does not pose a danger, yet is not acceptable to Section 8. Then the house is "not approved for Section 8"
That doesn't work in Oregon where the law says if the house does not meet Section 8 standards, the landlord must bring the house up to Section 8 standards at the landlord's expense. As far as I know, Oregon is the only state with that law about the house being brought up to standards, but verify that before you act on it. --76.178.xxx.xxx
S8 Prequal (by mapleaf18 [NY]) Posted on: Nov 13, 2023 11:04 AM
thanks Oregon Woodsmoke. I was thinking more of DQing the S8 applicant based on not showing their share in reserve or an income calculation that I think Dion? does on the Lumberjack LL when it comes to S8. --64.246.xxx.xxx
S8 Prequal (by tryan [MA]) Posted on: Nov 13, 2023 11:18 AM
S8 peeps pay 30% of their income to rent. If you don't want S8 call the housing authority and ask what they will pay. They use only the BR count to determine rent. Then simply set your rent higher. --198.168.xx.xxx
S8 Prequal (by tryan [MA]) Posted on: Nov 13, 2023 11:19 AM
... no one can tell you that you have to lower your rent. --198.168.xx.xxx
S8 Prequal (by S i d [MO]) Posted on: Nov 13, 2023 11:39 AM
Has anyone here that does Section 8 ever collected on a tenant that left owing money, either from an eviction or damages? My thought has been that S8 is inherently too risky since the tenants are poor, by definition, so they have no money you could ever get to pay off evictions or damages, and if they get thrown off the program that just makes their financial situation even worse than it already was. I'd like to hear your story.
S8 Prequal (by MMIT [VA]) Posted on: Nov 13, 2023 12:42 PM
I evicted a section 8 tenant and got a judgement against her.
I passed the court information along to section 8 and her voucher was not renewed because she owed me money.
The ex tenant called a couple years later and asked if she could pay her back rent because she wanted back into the program. She paid the back rent, I let section 8 know she was paid up, and they let her back into the program.
I donít know where she went after she was kicked out of the section 8 program nor do I know how she came up with the rent. --174.206.xx.xx
S8 Prequal (by NE [PA]) Posted on: Nov 13, 2023 1:23 PM
I would disqualify all section 8 tenants based on the recent moratoriums. --174.240.xxx.xxx
S8 Prequal (by Jonny [NY]) Posted on: Nov 13, 2023 1:56 PM
So as you know in NYS you cannot discriminate against source of income so typically we do whatever program they are on (in your case S8) if that program pays say $800 of a $1,200 rent (as an example)... we would require them to show a minimum of $1,200 as income (their share is $400 and it would go 3X that as income).
Some can do it if they have legitimate jobs or are on SSI/SSD, etc. Others cannot do it because they are playing the system (or trying to) and typically do not work enough (or at all) but "can pay their portion of rent"... which we say "no, I'm sorry, you do not qualify for that". Depending on the rent amount... many programs won't pay it all because it is "out of range for them" as tryan MA stated above so go above that amount.
Also as tryan MA stated ... no one can tell you to lower the rent. I had one try that with me about a month ago... said "nope... the rent price is the rent price... just because you will only pay X doesn't mean I change my rent amount" (and they were telling me that after a year I can submit a change for "any amount of increase I want and it would be fine") ... yeah, ok.†
S8 Prequal (by tryan [MA]) Posted on: Nov 13, 2023 3:16 PM
I did 1 S8 eviction. Her cert was downgraded when her son turned 18 . Couldn't afford the new rate. I filed. NEVER told the housing authority cuz all they would do is STOP the majority payment. She was a no-show. Got a judgement. She moved as quickly as she could and stayed in the program.
Cheapest eviction I ever did. only a couple months of her payment was lost. --198.168.xx.xxx
S8 Prequal (by tryan [MA]) Posted on: Nov 13, 2023 3:17 PM
More life in the grey area...lol --198.168.xx.xxx
S8 Prequal (by Ken [NY]) Posted on: Nov 13, 2023 4:28 PM
In NY we cant deny due to source of income but i dont have to take them if the rent is too high but what i have done is tell them to have there case worker call me,that never happens and i dont see it as my responsibility to call the worker. --74.77.xx.xx
S8 Prequal (by NE [PA]) Posted on: Nov 13, 2023 4:48 PM
Doubt itís hard to keep them out after basic screening. All I know is that after the moratoriums, I would do everything within my power to keep federally backed tenants out of my units. --174.240.xxx.xxx
S8 Prequal (by zero [IN]) Posted on: Nov 14, 2023 9:09 AM
Another reason I am happy with my location. I do not have to accept people who are sucking the government teat.
I simply state that we are not accepting assistance programs at this time. Some start asking why, or demanding that I do so. That's an auto DQ and block for me.
As landlords we have so many hoops to jump thru anyhow, I can't imagine the ones that places like NY impose. --107.147.xx.xxx
S8 Prequal (by mapleaf18 [NY]) Posted on: Nov 14, 2023 9:39 AM
zero, coming to an area near YOU! The current regime wants to institute Oregonian, NY and CA (lack of) property rights laws to YOU. --64.246.xxx.xxx
S8 Prequal (by tryan [MA]) Posted on: Nov 14, 2023 10:18 AM
NE - Hud never missed a payment thru the pandemic. My S8 peep made a statement about "not having to pay her portion" because of the moritorium. To which I answered "If you want to put your S8 certificate as risk ... go ahead. Miss a payment." She made every payment. --198.168.xx.xxx
S8 Prequal (by NE [PA]) Posted on: Nov 14, 2023 10:21 AM
Tyran, federal backed tenants evictions were stopped in certain areas during the scamdemic. Possibly nationally. Canít remember know because there were so many shenanigans involved in it all. Too much to keep track of. --24.152.xxx.xx
S8 Prequal (by Oregon Woodsmoke [ID]) Posted on: Nov 14, 2023 11:26 AM
I don't have to accept Section 8 in my state, but if I ever had an applicant on Section 8 pass all of my written criteria, I would take them. So far, no Section 8 tenant has ever come even remotely close, but there would be no reason to not take them if they pass all the criteria. --76.178.xxx.xxx
S8 Prequal (by Steve [MA]) Posted on: Nov 14, 2023 3:58 PM
I've found that in addition to checking out the applicant it's just as important to check out the PHA handling their voucher. Of the 3 PHAs that I'm presently dealing with 1 is fantastic, 1 is OK and the other leaves a lot to be desired. The one that leaves a lot to be desired used to be decent but over the years they completely changed how they do things. --72.93.xxx.xx
S8 Prequal (by pete [OR]) Posted on: Nov 14, 2023 4:11 PM
I have a sec 8 tenant who was a good tenant for a year but got injured at his job. He was paying me while applying for sec 8 . Since the place is on well water, I had to do a test for bacteria and replace 3 electrical outlets. I'm satisfied with the program but normally wouldn't do it , extra paperwork , time delays etc. For me, the transition to sec 8 was seamless. --35.132.xxx.xxx
S8 Prequal (by tryan [MA]) Posted on: Nov 14, 2023 4:12 PM
To Steve's point I was working with 3 different housing authorities in one hood. Ironically the privately owned (contractor) was the WORST from the LL POV. The guvment employees were the easiest to work with .... minimal inspections/expectations.
I told one S8 peep to move her file to another housing authority ... she did. It worked for both of us. --198.168.xx.xxx
S8 Prequal (by plenty [MO]) Posted on: Nov 14, 2023 4:29 PM
I require the section 8 voucher holder to make $1200 or $1500 a month, pick your number. If they make that kind of money I can usually get my kind of rent. And they are usually responsible and holding down a job. That's one part of my screening. --172.56.xx.xx
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