Tenant Selection
Quality tenants mean fewer management problems, lower maintenance expenses, lower vacancy ratios – which mean the property is more desirable to purchasers and less stressful for you to own. Section 8 housing The Department of Housing and Urban Development provides rental assistance to low-income families through the Section 8 housing program. Tenants are given vouchers to use to obtain housing on the
private market. The tenant usually pays 30% of their income as rent with the balance paid to the owner through the voucher program. Landlords benefit because the program guarantees partial rent payment, makes it easy to find tenants and makes it easy for tenants to stay. Section 8 tenants will generally remain in an apartment as long as they are eligible for the program. The drawbacks for the landlord usually stem from problems with the local housing authority operation. Check with local property owners associations and your local housing authority to see if Section 8 makes sense for your property.
We at Valerie Fitzgerald and Associates realize that you are in the information gathering stage of your purchase and we respect your privacy. Should you have any questions, please feel free to email us at info@valeriefitzgerald.com or call us directly at 310-285-7515. If you or anyone you know is looking to buy or sell a home, please note that we can provide detailed information and access to Beverly Hills Homes for Sale Brentwood Homes for Sale Bel Air Homes for Sale Sunset Strip Homes for Sale Los Angeles Homes for Sale Santa Monica Homes for Sale Malibu Homes for Sale You can count on the services of Valerie Fitzgerald and Associates to provide you with information you can trust. |
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Regardless
of the type of property you own, you will want the best tenant possible
since your tenant and lease terms will have a direct effect on the
value of your property.
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