Negotiating with Section 8 Providers.

[Lawrence Rutkowski]

I've got a SAHA tenant here in San Antonio, and am wondering if you can challenge a low Fair Market Rent assessment. I felt I was slightly lowballed last fall, and have a renewal coming up end of this summer/early fall. Tenant is fine, but rent comparables have gone a solid $150-$225/month over this time period. Per SAHA's FMR map, they'll pay UP to $2086/month in this zip, and the 5% rent cap is over, so that's not the problem. I'm assuming they're running comps and picking the lowest of them, when this property is somewhere in the top of the middle. I'd like to be able to counter if I get lowballed again. With my property taxes and insurance going through the roof, every dollar matters!

[Malcomb Stapel]

@Lawrence Rutkowski  absolutely worth a shot. I have a friend who does it with his and they routinely bump the rents to match the comps he provides them.