Section 8 rentals are my BEST income right now
The #1 rental income for me during this pandemic is going to be my section 8 tenants.
Since the Government has put a moratorium on evictions and banks can't foreclose, the long term hold rental business is very uncertain for most land lords.
Recommended video: See inside the Section 8 office https://youtu.be/9G_C7W8Qw3E
The good thing is, and I have to constantly remind myself, that whenever there's one section of an industry going down, there's always another equal and opposite segment going up. I do typically talk big about my Lease Option tenant buyers but in this instance I'd like to share with you why I still do Section 8 housing as well.
Our government is printing $2 Trillion dollars to keep our economy going. I'm not sure if it's going to work but I do want to get a piece of that golden goose if I can. This means that not matter what, the section 8 & Housing Choice Voucher Programs will get funded. So today's video will show you why I think you should be getting involved with government housing right now because nobody knows the future of the rental market in the entire country. People haven't worked in weeks and collecting rents is the last thing on people's minds right now. Most people are trying to figure out how they're going to keep food on the table. See how I'm hedging against loss of income during this pandemic of the CoronaVirus and the quarantine!