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Updated about 9 years ago on . Most recent reply

User Stats

32
Posts
2
Votes
Robert Shadley
  • Investor
  • Marlette, MI
2
Votes |
32
Posts

Section 8 Question

Robert Shadley
  • Investor
  • Marlette, MI
Posted

Hi all,

I just purchased a duplex that is fully occupied and the tenant in the lower unit is a Section 8 tenant.  Before closing on the property, the previous landlord showed me the rents and she received $425 from the state and the tenant paid $300 per month.  She did not have a lease agreement however so I am implementing mine tonight with the tenant. I have never rented to a Section 8 tenant before so I was wondering how to write up the payment terms and monthly rent.  I'm assuming I would state that owes $725 monthly?  Thanks in advance for the help..

Rob

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