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All Forum Posts by: Patti Robertson

Patti Robertson has started 58 posts and replied 2578 times.

Post: Sec 8 Tenant Screening

Patti Robertson
Property Manager
Posted
  • Property Manager
  • Virginia Beach, VA
  • Posts 2,699
  • Votes 2,229

I use the exact same criteria for a voucher holder as a non-voucher holder except for income.  I require they have at least one times the rent in income vs the three times I require of non-voucher holders.  

Post: SECTION 8 rent below FMR

Patti Robertson
Property Manager
Posted
  • Property Manager
  • Virginia Beach, VA
  • Posts 2,699
  • Votes 2,229

I just had a HA approve a $300 rent increase for one of our units.  Submit it!

Post: Hello all....looking forward to whats to come!

Patti Robertson
Property Manager
Posted
  • Property Manager
  • Virginia Beach, VA
  • Posts 2,699
  • Votes 2,229

Welcome to BP!

Post: Effective and unique strategies for marketing, then getting a tenant?

Patti Robertson
Property Manager
Posted
  • Property Manager
  • Virginia Beach, VA
  • Posts 2,699
  • Votes 2,229

We advertise on the official military housing website homes.mil.  It is a bit of a pain to go through the approval process to become an allowed advertisor, so it may not be worth it for a single unit owner.  

Post: Sec 8 increase to fmr wants to see rent roll

Patti Robertson
Property Manager
Posted
  • Property Manager
  • Virginia Beach, VA
  • Posts 2,699
  • Votes 2,229

She wants to know what the others rent for because those are her best non-SEC 8 rented comps.  Take the smaller increase for now.  Increase the other units either by raising their rent or moving them out and getting new tenants.  Next year submit a new increase.  You get top SEC 8 rents over time, with regular annual increases.  I manage 120 SEC 8 units and have been working the program for over 15 years.  I am giving you reliable advice.

Post: Norada Capital Management suspending payments

Patti Robertson
Property Manager
Posted
  • Property Manager
  • Virginia Beach, VA
  • Posts 2,699
  • Votes 2,229

In case you are not aware, Marco filed a Chapter 7 Bankruptcy and wiped out over $5K of debt.  Here is a link to a copy of the filing that includes the creditors that were wiped out.  Marco's Bankruptcy Filing - 2008

Post: Section 8 Recommendation/Information

Patti Robertson
Property Manager
Posted
  • Property Manager
  • Virginia Beach, VA
  • Posts 2,699
  • Votes 2,229

Hi there. There are SO many posts about SEC 8 on BP. I've been working the program for 15+ years and currently manage 120ish SEC 8 leases.  To save my figers from typing, I wrote a blog on BP. Here is a link where you can check it out.  https://www.biggerpockets.com/member-blogs/9232/55313-intro-...

Post: Tenant keeps complaining

Patti Robertson
Property Manager
Posted
  • Property Manager
  • Virginia Beach, VA
  • Posts 2,699
  • Votes 2,229

Are you trying to troubleshoot this and fix it yourself?  I agree with your tenant that the repair should be diagnosed by a licensed HVAC professional.

Post: ESA CAT in 3 bedroom shared housing

Patti Robertson
Property Manager
Posted
  • Property Manager
  • Virginia Beach, VA
  • Posts 2,699
  • Votes 2,229

This question is best directed to a fair housing attorney.

Post: First Time Landlord - Section 8

Patti Robertson
Property Manager
Posted
  • Property Manager
  • Virginia Beach, VA
  • Posts 2,699
  • Votes 2,229

You complete the RFTA and submit it to the case worker.  It generally takes them about 10 days to process the rent approval portion.  If they accept the rent, the case worker will send it to the inspection department for scheduling.  If they deny the rent, they will send you a letter asking if you will accept or deny the reduced amount.