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Updated 5 months ago,

User Stats

113
Posts
25
Votes
Tom Server
25
Votes |
113
Posts

Sec 8 increase to fmr wants to see rent roll

Tom Server
Posted

I have a triplex with one Section 8 tenant. Pays $950

Since I inherited the tenant, and the prior owner never raised the rent of section 8.

When I emailed DCA agent with the increase, I told her i wanted to raise it closer to the HUD FMR. So I wanted to raise it to $1200, she responded with "that's a lot" I asked her what the FMR for a 1 bd she responded $1316. I am $116 dollars less than what the FMR and no rent control. Why would she respond with "that's a lot" when it's not even at the set standard they assign?

I am new with dealing with DCA. is this a scare tactic to not raise the rents?

She also wanted me to send a rent control log of my other units.

They are 2bd and their rents are $1050.

Am, I going to have an issue increasing the 1 bedroom to 1200 since my 2 bedrooms are paying $1050?

I plan on raising to 2bedrooms to $1200- $1300 down the line.

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