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Old 01-06-2013, 01:50 PM
S_T S_T started this thread
 
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I am looking to become a landlord and was wondering which States were pro landlord and which to avoid. I am looking at investing in appartments and possibly homes that I can rent out under Section 8.
Thanks
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Old 01-06-2013, 06:24 PM
 
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Get out a map and draw a circle 5 - 10 miles around your home. That is the best place to be a landlord.

If you are going section 8 make that 5 blocks so you won't rent to people who will be bad neighbors.
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Old 01-06-2013, 06:28 PM
 
Location: Victoria TX
42,663 posts, read 74,281,369 times
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I think you'd get better results by posing a thread looking for the worst states for renters. There are a lot more renters, and a people are a lot more likely to respond if they can complain about something.

Whatever state has the most angry and frustrated and victimized renters will, of course, the best state for landlords.

Then, make everybody pay you about $50 a month more than you are authorized to charge under Section 8, and let the tenants try to get answers from the agency about how much the rent is supposed to be and how come there is a discrepancy. Section 8 will keep them on hold for years and never give them a straight answer. They're poor and its their fault for not exercising responsibility over their own lives (so I'm told by redstaters), so it's your duty as a landlord to rip them off. Make a deal with Aarons, too, to get a kickback for the big screen TVs they rent for $160 a month, why should Aarons have all the fun?

Last edited by jtur88; 01-06-2013 at 06:36 PM..
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Old 01-06-2013, 07:33 PM
 
Location: Floribama
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Why in the heck would anyone seek out section 8 renters?
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Old 01-07-2013, 02:55 PM
 
Location: North Idaho
22,698 posts, read 28,744,369 times
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Texas is supposed to be easy on the landlord, and New Jersey might be the very worst.

Any state that is far on the liberal side of the political spectrum is going to be tough on landlords.

Ditto on the question about why anyone would plan to be a Section 8 landlord. There are good reasons why so many landlords won't take Section 8.

Whatever state you choose, learn the local landlord/ tenant law and follow it precisely.
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