Not my problem
Feb 09, 2023Have you heard of Section 8?
It's where Uncle Sam helps Tenants pay rent.
And like most government stuff, it comes with a bunch of strings.
Most Landlords didn't take Section 8 Tenants.
Until this law made you.
Just kidding. Kinda.
Here's the deal:
You can't deny a Tenant because they use a government program to pay you.
It's called "source of income discrimination."
Here's the problem:
Section 8 only pays so much per house.
Say you charge $800 / month rent (but Section 8 only pays $700).
And since Uncle Sam is allergic to common sense, the Tenant can't make up the difference.
What do ya do?!?
Nothing.
You don't need to lower rent to help a Section 8 Tenant qualify.
Ka-ching!!!
Set the price.
And if Section 8 won't pay - too bad.
Pro tip:
Keep your standards high.
And your rent higher.
By Landlord Legal
Yeehaw - that's issue #56 of The Brief.
Housing discrimination trips up a lot of Landlords. Get it wrong and dun dun dunnnn. If ya ever need help, just say the word.