Section8 Rental Rate
2 Replies
Char Silk
posted about 1 year ago
I am trying to be a new Section 8 landlord- in researching I found the rates paid. For a 3bd the website says $1074- our small county only had 2 homes for rent and they are listed for $650-
My question is how do you get the maximum rent? My #’s work great at their rate.
Patti Robertson
Property Manager from Virginia Beach, VA
replied about 1 year ago
That rare is the total housing budget allowed - for rent plus utilities. In my market I find I can only get about $250 below what is listed. I wrote a blog about how the housing authority determines the rent and how you can ensure you get as much as you can. Here's the link.
https://www.biggerpockets.com/member-blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities
Char Silk
replied about 1 year ago
@Patti Robertson thank you so much for your time. I really enjoyed your blog!