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Move. Fast! Don't look back!! The longer you wait the less your property will be worth. As a neighborhood degrades there will be a tipping point where everyone will flee driving the prices of the properties down to nothing.
Saving the neighborhood and reversing the decline takes a tremendous effort of neighborhood unity. If you don't have that stopping the decline sadly is a futile effort.
How come when those properties become worth less the rents stay high?
All section eight tenants aren't bad but I'm being booted out for those type of section eight tenants because I'm a student at a university .single mom of one quite clean and being harassed to more be in favor of these cuz they ate longterm tenants
There was one house near mine I'd drive by regularly and the police seemed to be there often. When I asked other neighbors what the deal was, it turned out the owner rented the lower level apartment to Section 8 tenants. The house caught fire a while ago and the tenants relocated. No police ever since.
The concept of this thread is way off base. Actually section 8 renters as a whole, are better renters in the lower price rental units than non section 8 renters. They do their best not to get in trouble that will cause them to lose their section 8 help. Just because it is now priced rental area, does not mean the renters are there on section 8 vouchers. Sometimes the person living in the home actually owns the home, but others in the neighborhood have a problem with them and just assume they are renters, and if lower priced rentals are section 8.
I went into the commercial/investment brokerage in 1972. I bought a lot of rentals for investors, and managed a lot of them. I was president of the county wide owners and managers association for 3 years. I have a good knowledge of this type of situation. A lot of owners like to rent to section 8 renters, because the authority overseeing section 8 in the area makes sure the renters do not do damage to the area, using the threat of withdrawing their section 8 if they do. The authority will pay to fix up damage renters do the the property, so they keep good control on the renters. In fact, some of the best renters, are section 8 renters. In most situations, the neighbors will never know if they really are section 8 renters or not. I know some management specialists, that only rent to section 8 renters, as their property suffers less damage, and less vacancy than when renting to the general public.
Does the OP know they are section 8 renters, or just because they are a problem assumes they are because they are not working well with the neighbors? I have found over the years, the worst renters, are not section 8, and were much bigger problems than section 8 renters ever will be.
Due to the limits of how much section 8 renters can pay for rentals, the OP has to be living in a lower income part of the city, and renters in general are not the perfect tenants. People are renting the homes, because they are cannot sell them. A few bad home owners, or a few bad non section 8 renters, can really run a neighborhood down fast.
That is not the way section 8 works in Charlotte, NC. It is a nighmare here. The 'authority' does NOT pay to repair damage done by section 8 tenants. Most people have decided it is not worth the guarantee of payment to rent to section 8 tenants. I could tell you stories that would curl your hair!!!
I believe that. I visit some landlording forums and the administration of subsidized housing varies considerably by locality. Some administrators are really bad about basically taking the tenants' side in any dispute.
I live somewhere with very low rents county-wide and section 8 actually pays about $125/mo more than the market rate for a one bedroom apartment in 70% of the county. So landlords are smart to make their properties section 8, this has caused many problems.
My sister is disabled and a section 8 tenant, she could have a very nice apartment in a nice part of the city for what section 8 pays for her to live in her dump. I think they pay $575 and she pays another $225 a month for a terrible basement one bedroom. The market rent on this unit if it were at market would be $350ish. She should move but she is trapped in a nearby county with very little section 8 and few rentals at all and her section 8 voucher is for her county only, even though she lives 1/4mi down the road from the line.
Currently I rent, but in each and every complex I visit (I move frequently), before I even ask the price of rent, I ask if they accept housing vouchers. If the answer is yes, my visit is complete and I move on. I recognize there are many good people who use the program correctly, but the fact of the matter is, there are a lot of pieces of **** who don't. The gamble isn't worth it to me.
Its sad that bad people on section 8 make it bad for the good people on section 8 I'm currently living at my residence for approximately 17 years..and I am a good tenant with that being said..I don't think people on programs should be all subjected to landlords that do give other people on the programs a chance fortunately all people are not the same..just sayin..
The first thing you need to know for sure, are they section 8 renters, or just low class renters. Section 8 renters are more apt to take care of the property than a lot of other renters. Reason: They are afraid if they don't they will lose their section 8 subsidy, and then would not be able to afford a home to live in.
When you are getting the type of renters you are getting that is a sign that the neighborhood is not attracting good renters, and a lot of the homes have been taken over as rentals. Often these landlords are new to renting out property, and rent to nearly anyone that applies. Soon this becomes a less than desirable neighborhood, and any house that goes on the market is going to be bought as a rental as the good buyers shy away from the neighborhood.
I speak from many years as a commercial/investment broker who handled a lot of rentals. As we were buying nice middle income properties and particular as to who we rented to, we did not have problem tenants. I was president for 3 years running of the county wide rental owners and managers association, and we had seminars where we taught owners how property should be managed. So I am speaking from experience.
Problem today, banks, etc., pay such low interest on money that many people with spare cash are buying up properties to rent out. People that have no idea of how to run a very strict rental business. They are renting to people in many areas, that the people like myself would have rejected. Just because you are getting low class rentals, don't just assume that they are section 8 tenants. There are a lot worse renters than section 8 renters, and it sounds like you have them.
And once a neighborhood gets infested with several rental properties where they are being rented to just anyone, which is causing the type of problems you describe the neighborhood is in trouble. Realtors will steer people to other neighborhoods where they are not having problems, and the only ones that will buy in the neighborhood are rental buyers, and the value of property will decline quite rapidly, or not raise in an area of rising property values.
And you cannot do anything legal, to keep Section 8 rentals out of your neighborhood if the owner/agent is willing to rent to Section 8 renters. Lots of landlords like them, as the Section 8 sponsors guarantee they will pay to put the property back into good shape when the renters leave.
Ok I want to start off that I don't think all section 8 renters are bad by any means. When I bought my home in 2001 everyone on the block was a homeowner. Now as time has passed and the homeowners are leaving and accepting the renters vouchers we have had problems in the neighborhood, from fights in the middle of the street, to house windows being broken, the yards look like s**t, most of them are rude, and yet still drive nicer cars then most. Over the weekend there was a shooting 5 houses down from mine. I'm to the point either I move or they do. I would like to find out how our block can get rid of these people. Do I contact the homeowner? The HOA can't do anything about it. There are a lot of kids on our block and this kind of stuff can not be happening. I'm so sick of it. Can I call the housing authority and turn them in for to many people living there? I really do need some help on where to go with this.
FED UP!!
google and read the rules. I was lucky enough to get section 8 after I became disabled. I am very careful to follow rules and always wonder how some of these people get away with violations.
section 8 voucher holders can lose the rent voucher for drug use or sales on property, having people who are not listed on voucher living there, even if I allow someone to use my address on drivers lic would be a problem. disturbing the neighbors by being drunk and loud is forbidden, too many to list. I suggest you first contact the landlord he also is responsible and call police each time and document everything. most landlords do not know the rules other then what it takes to get the check. many don't care. go to HUD web site and read the responsibly of landlord and tenant. send REGISTERED letters to local office that issues vouchers with a copy sent to regional office (listed on web site). Depending on area many people wait years, sometimes ten to get section 8 and can lose it fast. I hope you are not doing this because the area you bought into is turning to ****. You should blame the landlords for that. but no denying many voucher holders are mutts. good luck
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The 'authority' does NOT pay to repair damage done by section 8 tenants. Most people have decided it is not worth the guarantee of payment to rent to section 8 tenants. I could tell you stories that would curl your hair!!!
its sad
