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Updated almost 5 years ago,
Increasing Rents on Section 8 Tenants
These 12 units are all next to one another. Everyone is currently paying $450-$475 per month and occupy has always been high. The average renter has been their for 3 years. The market indicates that I can get $550-$575 for each unit. How would you suggest I make this change? How do the tenants tell section 8 that their landlord is increasing rents? Does section 8 pay for the increase without questions? Looking to make this transition as easy as possible for the tenants.
Thanks for your help,
Jake Didion
Didion & Lemke Enterprises LLC