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Updated 9 months ago on . Most recent reply

User Stats

116
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26
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Tom Server
26
Votes |
116
Posts

triplex, 1br higher rent than 2br. 1br section 8 payment

Tom Server
Posted

I currently own a triplex. The triplex consists of 2- 2br/1ba rent is $1050 and 1- 1br/ba $950.  The 1 bedroom currently has a section 8 tenant payment

All the rents are under the fair market value for its zip range.  

The 2 2bedrooms are currently month to month and the 1 bedrooms lease is up in August.  I wanted to contact the section 8 department and want to raise the rent to the fair market value of $1150.  I'm thinking of keeping the 2bedrooms at the current rate.  This could be a stupid question but I guess this is why some of us are here.. But would it cause any issues that my 1 bedroom which is getting paid by the state will have a higher rent than my 2bedrooms?

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