How Does Section 8 Federal Housing Assistance Work?
The federal government offers housing assistance to allow low-income families, disabled people and the elderly to rent decent, clean homes through the Section 8 Housing Voucher program. Here’s how it works. A Section 8 overview The Housing and Urban Development agency of the U.S. government funds the Section 8 program. HUD channels vouchers to local […]
The CARES Act: Financial Relief for Homeowners and Renters During the Coronavirus Pandemic
Illness, job loss and other problems related to the current coronavirus pandemic have left many homeowners and renters unable to pay their mortgages or monthly rent payments. Fortunately, the federal Coronavirus Aid, Relief, and Economic Security Act (CARES), which took effect in late March, provides some welcome relief to homeowners, renters, and the owners of […]
Buying Rental Property With Existing Tenants
If you’re buying rental property with existing tenants, whether they occupy the entire space or only a basement or garage apartment, you are probably focused on the property’s income-generating potential. But you’re also taking on important legal obligations. Here’s what you need to know before you buy. The lease abides The most important thing to […]
How to Sublet an Apartment the Right Way
Apartment renters may find themselves needing to move before the term of their lease ends. Can you get a new renter to take over the lease? The answer depends on several factors. Read on for tips on how to sublet an apartment correctly. Read your lease agreement If you’re considering subletting your apartment to another […]