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Updated almost 7 years ago on . Most recent reply

User Stats

29
Posts
3
Votes
Ted Clayton
  • Renter
  • Matthews, NC
3
Votes |
29
Posts

Increase rent subsidized rent payments

Ted Clayton
  • Renter
  • Matthews, NC
Posted

Hey guys,

Looking at a multi fam unit and wanted to know if rent increases are possible if over half the rent payments are subsidized by the government? Where could I go to find out if rent increases are doable or not in this case?

Ted

Most Popular Reply

User Stats

108
Posts
78
Votes
Kurt Jones
  • Investor
  • Longwood, FL
78
Votes |
108
Posts
Kurt Jones
  • Investor
  • Longwood, FL
Replied

Yes. Depending on who subsidizes the rent. In most cases of Section 8 housing, those rates are set by the county. Just contact the county housing authority and they can give you the guidelines for 1,2,3 br maximum rents etc. Also, in FL at least they give more room for units where you pay the utilities.

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