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How
to Become a Section 8 Landlord
Section 8 Landlord Application
Becoming
a Section 8 landlord can be quick and easy... as long as you know what
are the right steps to take. Our step by step guide to the Section 8
landlord application process will help you snag those
guaranteed rent checks from the Section 8 housing authorities.
How
to be a Section 8 Property Landlord in Five Quick and Easy Steps
1. You put
your rental home up for rent and you get approached by a Section 8
tenant who wants to rent your property.
2. You will then screen the person just like every other tenant
applicant. You do not
have to accept someone just because
he is from the Section 8 program. Click here to learn
how to run a tenant background check with our landlord tenant screening
guide.
3. If you decide to accept him as your tenant, you will then need to
contact your local housing authorities for approval.
4. The housing authorities will then carry out a Section 8 inspection
to see if the living conditions
of
your rental property meets their housing standards. They will also
check whether
your tenant is able to afford the rent and if the rent amount that you
are
asking is reasonable.
5. Once the
checks are done, you will sign
a contract with your section 8 office. This agreement is known as the
Housing Assistance Payment contract (HAP). You will also sign a rental
agreement with your tenants. Click here for
a sample of our free residential lease agreement.
Once your Section 8 lease agreement is received, your
public housing authority will send you a check for sizable part of the
rent (60
to 70%) every month. You
will have to collect the remainder of the rent from your tenant
directly.
Crucial
Documents and Forms for Your Section 8 Landlord Application
If you want to become a Section 8
landlord, you do need to handle a bit more paperwork but it's generally
just some quick and painless form-filling.
You can download all the required Section 8 forms below from this page:
HUD Forms for Section 8 Landlord Application.
Do note that the HUD website now labels the Section 8 program as the
housing choice voucher program - They are the one and same thing.
Request for Tenancy Approval
- Once you find a suitable section 8 tenant, this form will have to be
submitted to your local housing authority so that they can contact you
and arrange a compulsory inspection of your rental property.
Housing
Assistance Payments Contract HAPC
- Once your rental property passes the home inspection, the HAPC form
will be mailed to you together with a lease agreement. You can either
choose to use that lease agreement or prepare your own copy.
Tenancy
Addendum - This contains the terms and details
of the section 8 program and must be attached to the tenant lease.
Once the housing assistance payments contract HAPC and lease agreement
has been completed and returned to the housing authority, they should
begin paying you like clock work every month.
Now that you
are landlord with Section 8, it's time for you to learn what are the
important Section 8 guidelines and rules:
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