Landlord Question and Answer Forum

Forum / Other / Section 8
New home owner, One month in. Bought 3 family home with tenants. 1 tenant is without a lease who has section 8 on month to month. I made her sign new lease with an increase of $50 because previous owner had mentioned not increasing rent for 2 years. After submitting paperwork to section 8 as new owner transfer with the new increase rent amount, section 8 wants to hold off on the increase for 90 days to see if it is necessary. How much control does section 8 have over landlords decisions and is this possible?
Penolyn V, CT on Thursday, September 5, 2019
RE: Section 8
When you do Section 8 (I have ten Sect. 8 units in Chicago) Section 8 runs the show, I just collect the rent on the 1st like clockwork and deal with an inspection every six months. If I ever have an issue with a tenant (noise, damage, tenant vs tenant issues, etc) I just call the Housing Dept and the issue is solved without me lifting a finger. But, in exchange for those bonuses, I have to work with them on their own agenda (government). It takes them 90 days, it's going to take 90 days.
Posted by Matthew M, IL on Thursday, September 5, 2019
RE: Section 8
Ok. I got a letter in the mail today telling me it's 90 days. Thank you for responding. Hopefully all goes well.
Posted by Penolyn V, CT on Thursday, September 5, 2019
RE: Section 8
NP. Overall, it's a great program to get into and you should have no issues.
Posted by Matthew M, IL on Thursday, September 5, 2019
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