Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 11 months ago on . Most recent reply

User Stats

2
Posts
1
Votes
Jordan S.
  • Kirkland, WA
1
Votes |
2
Posts

Section 8 - is rent negotiable

Jordan S.
  • Kirkland, WA
Posted

My question is: will the section 8 authority turn down a lease altogether if they think the rent is to high? 

I ask this because I really don't want to lose a tenant that I have.  She has been there 8 years and is paying less rent than what any of the other units are paying.  If I bring the rent up to market on her unit, is section 8 flat out going to say no? Will she have to pay the difference? Or will it be a negotiation.  I would sooner leave the rent where it is at than cause her move out.  Any help is appreciated.

Thanks,

J

Most Popular Reply

User Stats

2,664
Posts
1,863
Votes
Dawn Brenengen
  • Real Estate Broker
  • Raleigh, NC
1,863
Votes |
2,664
Posts
Dawn Brenengen
  • Real Estate Broker
  • Raleigh, NC
ModeratorReplied

@Jordan S. In my area they will send a letter with the maximum amount they will allow the tenant to spend in rent. I had one where we turned in the lease for $900, but the housing authority sent a letter back saying she could only pay $870, so we reduced it. Our only other option was to reject her as a tenant. They take into account the tenant's income, other housing costs like utility bills and market rent for the area. 

Loading replies...