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Updated about 7 years ago on . Most recent reply

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Sean Fisher
  • Real Estate Investor
  • manasquan, NJ
2
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22
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Experience with section 8???

Sean Fisher
  • Real Estate Investor
  • manasquan, NJ
Posted

Hello all..I am pursuing a multifamily property and just found out one Tenant has a section 8 voucher only because he told me.  All the leases are month to month. I am new to section 8 so would like to hear some input. Can I raise the rents? The town has no rent control.  Does section 8 require that you use a certain lease or contract? Does seller need to disclose tenants have assistance?

Thankyou 

Most Popular Reply

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761
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387
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Vaughn Smith
  • Real Estate Consultant
  • New Jersey
387
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761
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Vaughn Smith
  • Real Estate Consultant
  • New Jersey
Replied

@Sean Fisher section 8 can be a great resource but you need to understand the programI would start by going onto the Section 8 website (HUD) they have an overview of the program for users and landlords. Also give the section 8 bible a read, these two info sources are a great way to start

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