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Updated about 3 years ago on . Most recent reply
Can I raise rent at end of lease on existing section 8 tenant?
Hi All,
I'm in the process of buying a multifamily that has an existing section 8 tenant in place. The unit she lives in is a 3 bed, 2 bath. She has been living there for 21 years paying $1200/month for that ENTIRE time. She has never seen a rent increase in 21 years. Why, I do not know.
Question: The HUD payment schedule for my area says a 3 bed runs (up to?) $2625 per month. At the end of this tenant's current lease can I raise the rent to $2600/month?
Thanks in advance!
Most Popular Reply
@Bill B.@Lori Williams@Laura Marks
Hi all,
Thanks for the responses! (this was my first post on Bigger Pockets).
So it sounds like it's very possible to raise the rent on a section 8 tenant at the end of the lease, but both the housing authority and the tenant need to agree on the new rent. Otherwise, it's up to the tenant to find a new property to rent if they disagree with the rent increase.
Any issues with Section 8 renters and asking them to vacate? Do they get any special protections beyond just standard/formal notice?
Thanks!