Strategy

Section 8 Housing

A federal rental assistance program that pays part of the rent for qualified low-income tenants.

Definition

Section 8 (the Housing Choice Voucher Program) is a federal program administered locally that provides rental subsidies to qualifying low-income tenants. Landlords who accept Section 8 receive monthly rent payments directly from the housing authority, with the tenant paying the balance. Section 8 is popular with Baltimore investors because of reliable payment, above-market rents in some ZIPs, and strong tenant demand in Dundalk, Essex, Rosedale, and parts of Baltimore City.

Related terms

BRRRR

Buy, Rehab, Rent, Refinance, Repeat — a rental-acquisition strategy using short-term debt …

Cash-on-Cash Return

Annual pre-tax cash flow divided by total cash invested, expressed as a percentage.

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