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Landlording Myth: Section 8 is clockwork and always pays.



Landlording Myth: Section 8 is clockwork and always pays.

We hear this often at RE Talks and gove the impression that Section 8 is very easy to manage and excute. That isn't the case.


In NJ there are various types of Section 8 that are administered by different departments. They all have different requirements for what landlords need to do. Furthermore accounting with section 8 can be very difficult especially when transitioning voucher from one owner to the other.

Overall it is a complex process that can take 2 to 3 months to execute meaning you wont be collecting rent during that time.

Make sure to factor that in if you plan on going down the Section 8 route in the state of NJ.


-Mike from TerraVestra Property Management

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