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Updated over 11 years ago,
Section 8- How much rent can you collect
I've looked up Fair Market Rent for my zip code and its $950 (75228 zip code Dallas County). I then looked up all the utility etc that they deduct from that amount....lets say that $250.
Is $700 the most I can collect legally from section 8 & the tenant? I talked to a realtor and she said yes..but I hear others say they are getting the same amount as in the open market.
For comparison, in looking at comps, I think $900-950 is about right for this neighborhood.
Please let me know your thoughts.