Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Louisville Real Estate Forum
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 4 years ago on . Most recent reply

User Stats

1,496
Posts
1,057
Votes
Rob Bergeron
  • Real Estate Agent
  • Louisville, KY
1,057
Votes |
1,496
Posts

Update from Michelle Rawn On Section 8

Rob Bergeron
  • Real Estate Agent
  • Louisville, KY
Posted

I wanted to update everyone regarding some Section 8 information I received after the program with LMHA yesterday. The initial term of the lease for Section 8 tenants is 1 year, no exceptions. After the first year, you can choose for the term to be month to month. You cannot use the fact that your standard policy is 2 or 3 year leases to deny the tenant the right to complete an application. Also, if you fail the inspection, you can notify the applicant and LMHA that you are not willing to make the repairs and the lease will be terminated. Finally, once you pass the inspection, LMHA will send you a letter with the final determination of the monthly rental amount. If this amount is less than previously discussed, you can choose to terminate the lease. Let me know if you have other questions. -Michelle Rawn

She is speaking in regards to this:

https://www.wlky.com/article/p... 

Loading replies...