Low Section 8 rent question

[David Epstein]

Friends,

I have had a section 8 tenant for the past five years and have to say they are fabulous tenants.  However, the rent has regularly been below what comparable properties in the area go for.  With recent inflation / rent rises, this disparity has only grown.


my question: considering I am very happy with this tenant and the fact that they are likely not going anywhere (taking account of no vacancies for foreseeable future) what are my options to see a rent increase (I use a property management company I am very happy with and which is very responsive).



I should add: having this tenant and being able to provide a good home is part of why I got into investing.  I am not looking to squeeze every penny out, but hoping to have a more profitable property in order to grow my portfolio to continue doing well by doing good.

thank you as always for the great support I always find here and hope 2023 provides great things for everyone!