Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
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 2 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

User Stats

35
Posts
2
Votes
Larry Hucks
  • Wholesaler
  • Redondo Beach, CA
2
Votes |
35
Posts

raising rent new section 8 landlord

Larry Hucks
  • Wholesaler
  • Redondo Beach, CA
Posted May 1 2016, 00:02

Hi guys,

I am in escrow on a house with a house currently occupied by a section 8 tenant in Los angeles county (Lancaster, CA). The tenant is on a month to month lease, which I am thinking about continuing after closing escrow as month to month. The tenant has a 1 bedroom voucher but the house is a 4b/2b (she stated she would be getting a 3 to 4 bedroom voucher soon), and currently pays $1150/mo. I think I can raise the rent because the FMR for a 4b/2b is a lot higher than 1150. I think it can be 1250+, and I've seen on gosection8.com, some 4b/2b in that area for $1500. My question is that if she has a 1 bedroom voucher, the FMR for LA county say the rent is $1154 (https://www.huduser.gov/portal/datasets/fmr/fmrs/FY2016_code/2016summary.odn). Would my rental increase request be denied if the tenant just has a 1 bedroom voucher since the voucher wouldn't cover them for a higher rent? Is that how the housing authority determines if the rent can be increased? What should I do if I want to increase the rent?

Loading replies...