Section 8 rent increase
Hey i bought some rentals who already have section 8 tenants in them. I️ have noticed the rent is lower than normal and should be increased based on bedrooms etc.
Section 8 sent me a form to complete and told me to also send a copy of what I️ sent to the tenant.
Couple of questions here..
1- what should I️ say to the tenant in the letter?
2- if the rent increases from $650 to say $750 will the tenant have to pay increase? Right now I️ am getting $650 and the client pays nothing. On another rental I️ get $490 and the client pays $12.
Any advise for section 8 landlords would be appreciated. Thanks in advance!