Section 8 Property Management Blog

Tip #19: Compliance

By Manage My Section 8 - Tuesday, June 29, 2021

Tip #19: It is critical that your rental home is in compliance with state and local building codes. You are responsible for ensuring your investment property meets health and safety regulations or your tenant may have grounds to break their lease or even worse, sue you. A judge i...

Tip #18: Pre-screen potential tenants

By Manage My Section 8 - Friday, May 28, 2021

Tip #18: Pre-screen before showing your property. Once your property has been listed, you'll start to receive tons of calls from potential tenants. Before you schedule a time to show your property, ask your inquirer questions to determine if they even qualify. Ask them: why a...

Tip #17 Best Rental Homes To Own

By Manage My Section 8 - Friday, April 23, 2021

We are frequently asked, "What is the best rental home to own?" We always recommend that you stay away from condo's, townhomes, and homes in an HOA community. The best rentals are small single family homes in the suburbs with 3 to 4 bedrooms. These homes generally rent betwee...

Tip #16 Fences

By Manage My Section 8 - Thursday, December 31, 2020

Fences are a plus! If you are debating whether or not to install a backyard fence, do it. You probably won't get more rent, but a fenced backyard attracts so many more tenants, even if you don’t permit pets. Fences give parents a sense of security and privacy for their fami...

Tip #15 Train your tenants

By Manage My Section 8 - Wednesday, September 30, 2020

Train your tenants to be great tenants. Great tenants are hard to find so it’s up to you to make sure tenants know the rules and consequences. No matter how small a rule is, include it somewhere in the lease. When your tenant breaks a rule, enact punishment, which should also b...

Tip #14 Plumbing :(

By Manage My Section 8 - Wednesday, September 9, 2020

Toilet clogs are one of the most common repair calls made by tenants. Be sure that your lease clearly outlines what IS/NOT permitted to be flushed, ie no diapers, paper towels, or baby wipes. Clearly spell out that if the Tenant causes the clog, they are responsible for the costs...

Tip #13 It's A Business

By Manage My Section 8 - Friday, July 31, 2020

Treat your rental like a business - because it is. Even if you only have one property, act like you are managing many. Use purchased leases so you are appropriately protected, act professional in front of your tenants and prospective tenants, maintain accurate books, put processe...

Tip #12 Early Termination

By Manage My Section 8 - Tuesday, June 30, 2020

Early termination. No one likes a surprise termination by their tenant so to help ease the pain, make sure your lease has an early termination clause that outlines fines the tenant will incur. You can use these fines as a negotiating tool to ensure your property is readied withou...

Tip# 11 Tax Advantages

By Manage My Section 8 - Sunday, May 31, 2020

Rental property = tax advantages. Keep track of everything you spend using a separate bank account and credit card. Keep all receipts. At the end of the year, you'll be able to write off interest, depreciation, materials, supplies, travel, insurance, legal and professional se...

Tip #10 You Do the Repair

By Manage My Section 8 - Thursday, April 30, 2020

It is not good business practice to allow a tenant to make a needed repair and deduct it from the rent. When asked, thank the tenant but let him know that you want to stay in compliance with the lease and will send a professional. Don't get into the habit of letting your tena...