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Podcast: Get Rich Education
Episode: Guaranteed Rent Income with Section 8 Housing
Description: Pros and cons of getting paid a permanent government housing subsidy are explored. But first, I discuss your future in light of the current pandemic crisis - housing supply, 2020 vs. 2008 recession differences, economic "vaccine", current 13.3% unemployment rate. "Section 8" is the primary federal government program that subsidizes three groups: low income, elderly, and disabled. It is HUD-sponsored. Cons: Tenant screening is vital, inspections.  Pros: Longer tenancies, higher rent amount, lower vacancy rate, tenant wants to keep voucher. Learn more about owning renovated Section 8 housing with a manager that deal with th...