FAQ
Section 8 Solutions provides comprehensive services for property owners interested in Section 8 rental properties. We offer property acquisition guidance, due diligence support, tenant placement, property management, and ongoing education to help maximize your investment returns.
Section 8 Solutions focuses on high-performing markets in the Cleveland, Columbus, and Dayton, Ohio; Montgomery and Birmingham, Alabama; and Little Rock, Arkansas areas. We target properties that provide sustainable rental income that also exhibit value-add features, consistent rent, and strong economic fundamentals.
Section 8 Solutions operates with a nationwide network of over 150 vetted lenders. However, clients are under no obligation to use our recommended lenders. Our focus is securing the most advantageous financing solutions that offer attractive rates, faster turnaround times along with competitive rates and flexible terms.
No. Section 8 Solutions manages every aspect of the purchase negotiations. This includes working with the Section 8 Housing Authority to prepare your property for inspection and ensure compliance with all regulations. We handle all the scheduling and coordination to make your investment journey seamless.
At Section 8 Solutions, we manage every aspect of the purchase negotiation through our in-house Real Estate Division. Whether dealing with a HUD property or an off-market deal, we negotiate aggressively on your behalf. Our goal is to help you acquire the right property at the right price, maximizing your return on investment.
While Section 8 Solutions is not a property management company, we can offer trusted property management assistance with funding a PLPM (a free online advice as on what properties to buy and to avoid). We partner directly with local property managers in all our markets. We'll also assist with any maintenance or management issues to help you quickly address problems and make informed decisions.
At Section 8 Solutions, we follow our "Annual Plan of MERGE," and by a typical renovation and are primarily focused around $2,500-4,000 in renovations, depending on the condition. Our primary focus is addressing health, safety, and code requirements to obtain the property in compliance. Items we commonly address include:
• Plumbing/Water heater repairs
• Electrical updates
• HVAC servicing or replacement
• Roof repairs
• Painting
• Flooring
• Basic landscaping issues for Curb Appeal
• Large single Appliance Purchases
We DO perform standard background screening, including credit, criminal background, and prior rental history checks. Section 8 Solutions goes further by conducting an additional screening and taking on property inspections, with a clear agenda established prior to closing. This at-owners instance awareness is to increase security and peace of mind.
For tenant properties, Section 8 Solutions already secures a qualified Section 8 tenant and completes Housing Authority approvals within 4-6 weeks. When we acquire turnKey solutions, we work alongside trusted property professionals who can quickly evaluate the property, recommend repairs, and provide full tenant screening services.
For tenant properties, Section 8 Solutions already secures a qualified Section 8 tenant and completes Housing Authority approvals within 4-6 weeks. When we acquire turnKey solutions, we work alongside trusted property professionals who operate leading property collection systems and accounting. Section 8 voucher payments are consistent and guaranteed by the government.