599: Section 8 Housing Provides Long-Term, Steady Income

The multifamily space has many niches and myriad ways to maximize invested dollars.  One of the more specialized multifamily niches is government voucher programs, otherwise known as Section 8. These can be great properties to invest in because the need for this kind of housing is immense, tenants stay for many years, and rents are guaranteed by the government. There are complexities to implementing these programs, so the competition to acquire these properties is lower than market rate apartments. Beck Vissat, Principal at Boundary Stone Capital, operates section 8 properties in Washington, D.C. and is looking to expand into surrounding states.