All Forum Posts by: Anton Orlik

Been using it and recommending to others for months. Originally had the idea to do exactly what they are doing given how difficult MA laws are to work with. Very reaponive team as well for any customer service issues or recommendations.

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4 or less is residential

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Scott, I've had greater experiences with Trevor McFarland at RMS mortgage.

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Originally posted by @Michael Miller:

Hi Anton- I purchased a 3-unit in Worcester and adopted 2 tenants who were on section 8. In my scenario, I had to honor the terms of the year-long lease that they were already under when I purchased the house. Their rent was far under-valued in and full transparency, I needed to raise their rent as soon as possible to make the investment worthwhile. That said, with minimum 30 days notice towards the end of the lease- I was permitted to give them notice that rent was going up (and in MA there is no limit that I know of regarding how much you want to raise rent). It would essentially be up to them & their section 8 provider (RCAP Solutions) if they wanted to stay or not. Ultimately the amount that rent was raised was out of their budget so they left fairly peacefully.

Thanks Michael, glad to hear further confirmation especially from someone local. My understanding is all tenants are TAW monthly at this point so it should make things simpler. My only concern was the housing authority flat out saying that 1) if tenant can't afford new rent then too bad and 2) can't ask tenant to leave unless they stop paying which seemed absolutely beyond reason. One thing I did see is that rent increase does need to be 90 days with section 8 but that's not an issue.

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Originally posted by @Brian Garlington:

@Anton Orlik

I have section 8 tenants at properties here in the San Francisco Bay Area....not sure about Massachusets, but out here,...even as strict as evictions and rent control are out here,

The "BENEFIT" to having section 8 tenants is if they are month to month you should be able to evict them with no problem.....IF they are month to month....just give a 60 day notice.....

The "ADDITIONAL BENEFIT" is that because their rent is subsidized by the government you have LESS restrictions regarding raising their rent....

This means you should definitely talk with someone else at the section 8 office and/or look up online what the rules are with your local housing authority. i find it hard to believe that in your area the section 8 rules are stricter than out here.

Give yourself some good kharma though man and don't evict tenants simply because they are on section 8. It's guaranteed income and when you screen the tenants correctly (like I've done) they can be the most loyal and low maintenance, long term tenants you will ever have.

Thanks for the reply. The main issue that was communicated to me is that raising rent requires a 90 day notice, that's fine, but if the raise is beyond the tenants means the raise will be rejected and is NOT grounds for eviction / termination of lease. It's possible the contact I spoke with was wrong but that was my main issue.

I have no problem with renting to section 8, but I do have a problem with being stuck in, for all intents and purposes, a rent controlled lease that is dependent on an existing tenant's income with no legal right to ask them to leave.

I had a chance to connect with another local landlord who seemed to have a similar experience and understanding as you so sounds like the housing authority may have spoken incorrectly.

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Hi All,

I'm looking at a multi in Worcester currently occupied with section 8 tenants. From what I've gathered speaking to the housing authority my options in raising rent or removing tenants, even if month to month, are extremely limited and nearly scary.

Any local landlords knowledgeable about section 8 tenants who could spare maybe 5 minutes for a few questions? Maybe a quick call?

Thanks!

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All Forum Posts by: Anton Orlik

Anton Orlik has started 1 posts and replied 7 times.

Post: Lender who will do a HELOC on investment property in Mass?

Post: Anyone using zdeposit for security deposits?

Post: Financing question for Massachusetts Multi-Family Investors

Post: Mortgage broker recommendations?

Post: Worcester Section 8 tenant (raising rent & evicting)

Post: Worcester Section 8 tenant (raising rent & evicting)

Post: Worcester Section 8 tenant (raising rent & evicting)