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Updated about 6 years ago,
Getting a new peoperty. Section 8 Tenant wants to remain.
I’m closing on a new property in about 2 weeks. The property is tenant occupied with a section 8 tenant. I already agreed to purchase the property with the tenant and transfer the lease. The reason being was because it was such a good deal I didn’t want to let it go and the tenant had to com me with it so I figured fine, temporary problem.
The tenant has 4 kids living in this 3 bedroom home and 2 newborns coming home soon. SIX kids!
When I first met her SHE toLD ME SHE WOULD HAVE TO FIND A NEW PLACE BECAUSE SECTION 8 WOULDNT LET HER STAY BECAUSE SHE IS OVER MAX OCCUPANCY. I THOUGHt ThIS IS GREAT BECAUSE SHE CAN STAY FOR A BIT, WITH THE AMOUNT SHE GETS FROM SECTION 8 ILL CASH FLOW A LITTLE AND LET HER NATURALLY LEAVE IN A FEW MONTHS WHILE I GATHER MY RESOURCES AND PREPARE To REHAB THE PLACE ONCE SHES OUT TO EiTHER FLIP OR RENT OUT FOR MUCH MORE THAN SECTiON 8 WAS GIVING.
ShE TOLD ME TODAY ShE WANTS TO STAY. ShE ASKED IF I COULD CONVERT IT To A 4 BED FOR HER KIDS AND ASK SECTION 8 FOR MORE RENT.(THEY WILL ONLY GIVE A $50 INCREASE... NO THANKS).
THEN I CALLED THE HOUSING AUHORITY (SECTION 8) AND ASKED THEM AbOUT THEIR MAX CAPACITY AnD THEY SAiD 7 PEOPLE IN THE HOUSE IS FINE WITH THEM.
THIS IS NKT TURNING OUT THE WAY I HAD HOPED. ACCORDING To SECTION 8 ALL I NEED TO DO IS GIVE HER 60 DAYS NOTICE THAT I WANT HER TO MOVE OUT AND THATS THAT BUT I KNOW THIS WOMAN HAS COMBATIVE TENDANCIES AND WILL POTENTIAL WRECK THE HOUSE. NOT TOO MENTION WHO WANTS TO KICk 6 KIDS OUT ON THE STREET?
ANY ADVICE?
SORRY MY CAPS GOT STUCK...