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 about 6 years ago on .

User Stats

10
Posts
0
Votes
Kurt H.
  • Charlotte, NC
0
Votes |
10
Posts

Section 8 Rules Charlotte, NC

Kurt H.
  • Charlotte, NC
Posted

I recently bought a property in Charlotte, NC with a Section 8 tenant that is currently on a month to month lease agreement.  I have a couple questions that I can't seem to get answers for.

1) Since I would need to sign a new HAP contract with the housing authority, should I not be able to request the market rate for rent for similar units instead of being limited to the 10% increase that the Section 8 housing authority sets?

2) Can I request the HAP contract to be a lease term of 1 month so the lease remains month to month since, per HUD guidelines, its in the best interest of the tenant to find housing?

Any help would be appreciated!