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Updated over 6 years ago on . Most recent reply

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7
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3
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Daniel Avery
  • Auburn, AL
3
Votes |
7
Posts

Section 8 rent increase

Daniel Avery
  • Auburn, AL
Posted
Hey i bought some rentals who already have section 8 tenants in them. I️ have noticed the rent is lower than normal and should be increased based on bedrooms etc. Section 8 sent me a form to complete and told me to also send a copy of what I️ sent to the tenant. Couple of questions here.. 1- what should I️ say to the tenant in the letter? 2- if the rent increases from $650 to say $750 will the tenant have to pay increase? Right now I️ am getting $650 and the client pays nothing. On another rental I️ get $490 and the client pays $12. Any advise for section 8 landlords would be appreciated. Thanks in advance!

Most Popular Reply

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18
Posts
16
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Joseph Pratt
  • Rental Property Investor
  • Corona, CA
16
Votes |
18
Posts
Joseph Pratt
  • Rental Property Investor
  • Corona, CA
Replied

You may want to contact your Housing Authority rep and ask them what’s the max rent for a 2-Bedroom voucher in your County/ZIP code. Then, you send a 30-day or 60-day notice to increase rent to your tenant and the HA case worker (depending on your state’s laws). Lastly, HA will adjust the tenant’s portion and HA’s portion, according to your tenant’s income...each tenant will have a different rent split based to their respective incomes...

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