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Updated 7 months ago on . Most recent reply

User Stats

17
Posts
13
Votes
Joshua Thang
  • Accountant
  • Los Angeles
13
Votes |
17
Posts

sec 8 Rent Increase

Joshua Thang
  • Accountant
  • Los Angeles
Posted

Has anyone tried requesting a sec 8 rental increase but the rate comes in lower than the current rate? Would sec 8 decrease the rent to the calculated fair market value of rent or at worst case scenario remain the same and sec 8 decline the increase?

Most Popular Reply

User Stats

28,057
Posts
41,059
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,059
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28,057
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Bob Stevens:

Yes, I've heard there are some cities where Section 8 pays very well. It's a shame because that encourages welfare dependency for the tenant and the landlord, but that's another conversation.
  • Nathan Gesner
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