Top Ways in Promoting Your Property for Section 8 Rentals- By: Rose B
Real estate developers, agents and even landlords are faced with many promotional options. The clientele is also diverse. There are still various families who are Section 8 voucher holders. If you are a property owner who has limited renter market, it is time that you include Section 8 renters in your clientele.
Whether you are a small or large-scale landlord, there are many advantages if you include Section 8 voucher holders in your renter market. First of all, the local Public Housing Agency or PHA is the main provider of home listings to Section 8 applicants and grantees. There are over four hundred thousand voucher holders since the mid 1990s. This figure poses a huge possibility of widening your renter market.
In addition, most PHAs assist advertising properties of participating landlords. Some PHA offices have own websites that keep track of current activities of Section 8 voucher holders. Some PHAs also have direct contact to real estate listings via online. The properties of landlords who declare partaking in the Section 8 Rental Program are automatically included in all these means of providing available housing listings.
You could also take advantage of the websites available via the Internet. There are several websites that specifically manage rental properties opened for Section 8 voucher holders and landlords with Section 8 subsidies. Some websites offer listings of tenants looking for units that allow usage of their rental vouchers. The tenants’ listings are available in most states, from Alaska to Wyoming.
These websites also provide landlord guidelines regarding allowing voucher holders to rent your property. Some of the guidelines they provide are your responsibilities such as completion of paperwork like the Request for Tenancy Approval, tenant screening, compliance with Housing Assistance Payment Voucher Contract, and other requirements HUD and PHA implement for landlords considering Section 8 rentals.
If you are already Internet-savvy, you could opt for online shops that offer software programs on property management. Most of the software programs have the following features: tenants’ listings – including unit lookers and current renters; rent status – allows you to check the tenants’ payments, voucher eligibility updates, and other rental dues; flow of transactions; organization of units and properties, from records of appliances acquired to mortgage information; list and online copies of rental forms; newsletters and emails you could send to your renters. You could also allow your tenants to have limited access to the online program so they could be updated with your announcements.
You could also participate in blog sites, forums and seminars about Section 8 tenants. These venues could provide you with some tips on how to optimize promotion of your property to Section voucher holders. You could also learn from the trends and common events that transpire among other landlords that have previous experiences with Section 8 renters.
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To maximize exposure of your rental property, check Gold Canyon Homes for Sale for tenants’ listings. Learn more about real estate as a whole in Real Estate in Gold Canyon.