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Updated over 3 years ago on . Most recent reply

Damon L. Davis's profile image
Damon L. Davis's profile image
Damon L. Davis
  • Member since Mar 21, 2020
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Damon L. Davis's profile image
Damon L. Davis's profile image
Damon L. Davis
  • Member since Mar 21, 2020
Connect
Damon L. Davis
10
Votes |
29
Posts
General Landlording & Rental Properties

Can Section 8 Rates Be Renegotiated?

Damon L. Davis
Posted

Hey team, 

I have a TH in Jacksonville with a Sec 8 tenant. Steady income, but the property is earning well below fair market rental rates for the conventional rental tenant market - roughly ~$500. Can I appeal to the Sec 8 program to increase the rental rate for the property? Or would it be better to leave the program and accept conventional tenants at higher rates? Thanks for your input!

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