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82
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47
Votes
Alex Nelson
  • Arlington, TX
47
Votes |
82
Posts

Cna you get the FMR History

Alex Nelson
  • Arlington, TX
Posted

Hi BP!
I'm looking into investing strategies and have been looking into Section 8 housing. I know that the rent is based on the preset FMR which is decided by HUD. My questions is: Is there any way to see the history of the FMR in a given zip code? for example, if i find a zip code that has favorable FMR versus purchase price, i want to make sure that this isn't something that has just happened and will go back down in a year. I want to see sustainable growth of the FMR or at least that is has been consistent. I don't want to buy in an area expecting a high FMR only to find out that it was inflated for one year and dropped back down the next year. Is there a way to find the history of FMR for the past 5-10 years?

Edit: sorry for the typo in my title. It's supposed to say "Can you get the FMR History" but now it won't let me correct the title.