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Updated almost 3 years ago on . Most recent reply

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9
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2
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Alex D'Anjou
  • Rental Property Investor
2
Votes |
9
Posts

Can I raise rent at end of lease on existing section 8 tenant?

Alex D'Anjou
  • Rental Property Investor
Posted

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

User Stats

9
Posts
2
Votes
Alex D'Anjou
  • Rental Property Investor
2
Votes |
9
Posts
Alex D'Anjou
  • Rental Property Investor
Replied

@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!


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