Updated over 8 years ago on . Most recent reply

BIG INCREASE needed from HUD?
Morning!
Just closed a triplex and found that there is a section 8 tenant (undisclosed by seller) whose rent hasn't been raised in ten years. Current $800 and HUD's fair market for our city is $1574! Any advice for working with HUD for the increase? I would like to keep the tenant.
Thanks!