The Virginia-Pilot is the Southside Hampton Roads newspaper of choice... Well, it is the only newspaper, (unless you are content with the weekly alternative paper, the Portfolio Weekly). Today's editorial suggested that the cities in Hampton Roads, particularly Portsmouth and Norfolk, would be well served to coordinate vacant homes with section 8 housing. I agree with some aspects of the editorial.
I do think there is a lack of affordable housing in this area. (One example (as an aside)... I received a call from a super nice lady who wants to move here from Ohio to be closer to family. She has a Habitat house there, but will rent in Portsmouth. Because she has 4 children she would like at least a 4 bedroom home but 3 would work. She would also like more than 1 bathroom. Again, a reasonable request. Unfortunately I cannot find anything that works in her price range ($900 or under). I get the sense that she would make a great, long term tenant for a landlord... but where does she find something in her price range and in the area she wants to live (western branch)... I can't find it).
Another thing I agree on -- there isn't enough information available for potential landlords to make an informed decision about accepting Section 8. Where do you get this information? What are the truths vs. the rumors in the way of Section 8 housing and its paperwork and requirements? Is outreach to potential landlords available from the cities? Landlords (or home sellers who are potential landlords) are busy people or are already out of town. This needs to be driven by the cities; the cities should not expect home owners to coming looking for information.
Speaking of rentals - there are some great duplexes out there for sale right now. A great way to get started in home ownerships - buy it and rent one side out... If you are thinking about this route, give me a call. I can help you find one that will pay a large part of your mortgage or, if you rent out both sides, all of it!
Great to see you are helping families get into affordable housing. Duplexes are a great start. Im sure you have tried www.gosection8.com you can list properties and find tenants there. K.I.T. What is the average rental for a 3 or 4 bedroom in Western Branch? Under $900/mo can be hard even in Houston,TX, but it is out there.
BP,
Sec 8 housing can in some cases lead to major problems if not intended for the right usuage.
I`m all for sec8 assistance.
Section 8 means you get the check on time. I hve had very good Sec. 8 tenants. I have heard some negative stories, but if you contact Sec.8 they can help with the problem tenants.
All the best!