Problem Getting Out SERIOUS Dog Urine Odors...
We just bought our second duplex. Foreclosure property. The 1st fl tenant (who was ejected by the Lender) thoroughly trashed the place. Dog waste and urine EVERYWHERE. I removed all carpeting and padding, and noticed the plywood floors are stained in some areas.
Anyone know what I can use to treat the wood floor rather than pulling up all the sub-floor?
You have to ask for the increase in advance. I think it is 60 days.
HUD establishes what it considers "fair market rents" in an area, which includes utilities. Here at least a sheet is given to potential recipients stating how much rent can be subsidised (someone just showed me the sheet, to show that they will pay $850 for three bedrooms- here at least). The tenant hopeful said they will allow you to rent a more expensive place if you have some income to cover the difference, but $675 was the most they would pay if you had no income because you would need the other $175 for utilities. When the tenant is partially responsible, section 8 pays the limit directly to the landlord and it is up to the tenant to cover the difference and the utilities.
Here is the lnk for fair market rents- always helpful to know what they are willing to pay before you ask for an increase. You will have to determine what the tenant is able to contribute for additional rent and utilities, if anything.
http://www.huduser.org/datasets/fmr/fmrs/select_Geography.odb
Chris
In my area, market rent surveys are done every year by the housing authority. If the average market rents from their survey are less than the HUD FMR rates (and they are), then there is no way I can increase rents to match the HUD FMR.
Additionally, suppose I have been advertising the proeprty for $850 and a Section 8 applicant has a $925 housing voucher. I must lease to this applicant for my advertised rent and not for the amount of the voucher.
As a general rule, for lease renewals, I always ask for a 10% rent increase. Sometimes I get it, the rest of the time the housing authority tells me the maximum increase they will approve. So far, the maximum they will approve has always been more than the minimum I would accept.
Newkid-
Since the HUD site gives FMR for a 3BR as $936 in Lansing/ East Lansing (big difference!) and the sheet I saw gave $850 as the subsidy amount in Lansing, I guess something like that happens here too.
Frankly I think you would have trouble paying rent and utilities on a 3BR for $850 a month here- the sewer bill is four times the water bill and it takes a lot of gas to keep the older houses that are renting cheaply warm. My utilities on a small 2BR that is pretty well insulated and I keep at 68 run about $300 a month. When I rented this house I was getting $650.
Chris
In only one instance I requested an increase....back in early November. Now late in Feb I have no clue what the status is.......
pstabile
When is the lease up for renewal? Here in MD, my property manager submits our rent increase request to the housing authority about 45 days before the lease expires.
We have never had a response from the housing authority take more than two weeks. Of course, they conduct their annual housing inspection before responding to a rent increase request.
just wanted to give everyone an update on wonderful Raleigh Housing........they should shut the place down. I am still waiting for a response....submitted in Nov 07 - now in mid March of 08 I still know nothing...........