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Updated almost 2 years ago on . Most recent reply

Karim Smail's profile image
Karim Smail's profile image
Karim Smail
  • Real Estate Investor
  • from Orange, CA
  • Member since Feb 27, 2008

User Stats

20
Posts
2
Votes
Karim Smail's profile image
Karim Smail's profile image
Karim Smail
  • Real Estate Investor
  • from Orange, CA
  • Member since Feb 27, 2008
Karim Smail
  • Real Estate Investor
  • Orange, CA
2
Votes |
20
Posts
Buying & Selling Real Estate

Section 8 tenant

Karim Smail
  • Real Estate Investor
  • Orange, CA
Posted

Hello everybody, 

I am looking to purchase a property with a section 8 tenant, and the rent is way below market at about $800 for a 3 bed house, while an average rental is about $1300 to $1400. How to increase the rent for this property with the section 8, and is that affect the tenant's portion of rent he is paying?

Detroit, Michigan
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