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Updated 4 months ago,

User Stats

33
Posts
10
Votes
Hai Le
  • Investor
  • Miami, FL
10
Votes |
33
Posts

Starting out Section 8

Hai Le
  • Investor
  • Miami, FL
Posted

Good morning, I currently have a duplex property that I am in the process of switching to Section 8 Tennats.

I currently have two long term tenants that are month to month, currently collecting $1000/m each. FMR for Section 8 is $1396 in my area for the BR count, I've already contacted the housing authority and have my units listed on the section 8 board. To my understanding the process is adding my units to a board, waiting for the section 8 representative to contact me when there's an interested tenant, have an inspection done, screen tenant and have paperwork done correct?

Should I send a notice out to my current tenants that their rent would be raised to $1400/m effective Nov/Dec 1st and if they can’t do it that they would need to leave by then? 

Looking for some insight and if I could connect with a current Section 8 Investor directly that’d be amazing!

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