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Updated over 5 years ago,
Section 8 Duplex is below HUD's FMR
I am looking at a Section 8 property that is currently renting for way less than what HUD says the FMR is for the property. The leases do not ended until the beginning of 2020. Does anyone have any experience or information how I could increase the rent to the FMR before those leases are up or if I would have to wait until the end of the lease? I do not own any Section 8 properties, but am learning the basics. Would love any valuable information you guys might have.