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peteuga

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Posts: 7
Reply with quote  #1 
I am an experienced landlord but new to section 8.  I have a house that is for rent for $895 per month and lady on section 8 talked me into letting her rent it, this is the 1st time she has used the program.  I made her do my application and I screened her and was surprised to see she a had a good rental history, I would give her a score of 8 out of 10.  Sent in an inspection request and they finally got back to me today and said the house was approved for $760, they never came to look at the house.  So I said OK she can pay the difference in rent (this is what she wanted to do in the 1st place).  The housing dept said no I could not do that, the rent must be $760 and the tenant can not pay the difference.  Everything I have read on this topic including what is in the book "Landlording" says that it is normal for them to pay the difference.  I don't want to turn away a qualified tenant so what should I do?  The lady that wants the house said she wanted just to payment on the side, if I did that could I get into any legal trouble the gov't?
xandrom

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Posts: 57
Reply with quote  #2 
I have the same issue.  They want the apartment, Sec. 8 won't pay enough, so the tenant wants to pay the difference in cash; knowing they could lose their Sec. 8 if found out.  And yet, I too have heard that many many Landlords play this game and accommodate the tenant's wishes.  I am concerned about the legal consequences in doing this as well.

You did not get any advice or responses from any members on this board?
peteuga

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Posts: 7
Reply with quote  #3 
I decided to move on.  I did not trust a person who did not make enough money to pay their own rent.  In the future I will be looking for houses that are not in marginal areas.  I am willing to spend more $$ on a house that will attract a better tenant.  I learned the hard way I had the right house in the wrong neighborhood. 

Also the house set vacant for 4 months.  Then I decided to place the house in the MLS and got it rented within 2 weeks.  I gave a $500 referral fee to any agent that could rent the house to qualified tenants, best $500 I ever spent.  I now use the MLS all the time.  $500 sounds expensive but not compared to the $4500 in lost rent over 4 months plus lots of worrying. 

xandrom

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Posts: 57
Reply with quote  #4 
Is it possible to list vacant apartment units with the MLS as well?  Or do you know of any services I can google that do just that in return for a finders fee?

Thanks

PS:  I decided to accommodate the sec. 8 tenant's request because she wanted it so.  So she gives me cash for the difference and I give her no receipt.
peteuga

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Posts: 7
Reply with quote  #5 
I do not know about apartments.  I got the agent that sold me the house to list it for me.  I would try to find an agent that it heavy into renting or doing rent to own they would be more likely to help you than just any agent that is not going to get anything out of it.  Though many agents have shown my houses my listing agent is heavy into helping renters so he actually has rented my houses twice.  Also many landlords try to pay a very small referral fee of $100 to $200.  If the showing agent knows they can collect $500 which house do you think they are going to try to promote over the others.  Also just because an agent brought you a prospect don't assume anything about that person, do you own background check as normal.   
kittensaustins

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Posts: 5
Reply with quote  #6 
Hi...
 
I don't know what state yopu live in but here in NYS the tenant IS allowed to make up the difference. It's on her lease. We had a first time section 8 person and she was allowed by law to make it up. She was a horrible tenant though... NO MORE SECTION 8 FOR US!!!!!!!!!!!  

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kittensaustin
MOON

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Posts: 577
Reply with quote  #7 

HERE - NJ, SECTION 8 TELLS YOU WHAT THE UNIT RENTS FOR. SECTION 8 PAYS A PORTION & THE TENANT MAKES UP THE DIFFERENCE.HOWEVER IF YOU WANT MORE RENT THAN SECTION 8 TELLS YOU THE RENT WILL BE, IT IS NOT ALLOWED & CONSIDERED ILLEGAL TO CHARGE THE TENANT OVER & ABOVE THE AMOUNT SECTION 8 HAS APPROVED THE RENTAL TO RENT FOR. 

kittensaustins

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Posts: 5
Reply with quote  #8 

Same here MOON...they are only allowed the difference that Section 8 allows...NO MORE....NO LESS...


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kittensaustin
OHlandlord

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Posts: 3,717
Reply with quote  #9 

Is it possible to list vacant apartment units with the MLS as well?  Or do you know of any services I can google that do just that in return for a finders fee?

Thanks

PS:  I decided to accommodate the sec. 8 tenant's request because she wanted it so.  So she gives me cash for the difference and I give her no receipt.

A local realtor or real estate agent who is a member of their local board can list on the MLS.  Find a real estate company that also does property manaagement and ask if you can do this.
 
Be aware of the consequences of accepting money not authorized by S8.  While it is legal in a few areas, in most places this is a violation of your contract with them.  In my area, if they learn of this, they can actually demand a full refund of ALL monies they have paid to you.  Metro can demand back every penny S8 has issued to you.  They will cancel the contract with you and put you on a banned list, so you can never again get any S8 subsidies.  The tenant can also lose all aide.  And they can turn you into the IRS for undocumented income  (think IRS audit!)  Make sure it is legal before you do this. 

mwill666

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Posts: 3
Reply with quote  #10 
that is not legal here in california the landlord and the tenant can be in big trouble if  section finds out the tenant is paying the difference under the table like that
Anatory

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Posts: 16
Reply with quote  #11 
The amount of Section 8 assistance covers the gap between the applicable FMR and the tenant's portion of the rent.



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cedy

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Posts: 7
Reply with quote  #12 
According to me, My opinion is that is not legal here in California the landlord and the tenant can be in big trouble if  section finds out the tenant is paying the difference under the table like that........ Get section 8 and there approximately $869 per month and this is good for you..........

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ts3000

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Posts: 2
Reply with quote  #13 
Hello Forum Members!

Just reading the Section 8 questions, and I realized I have a question also.  I have a Double in University Heights, in Cuyahoga county, (Cleveland, OH).  Currently there is one water meter for this house.  Landlords here are having problems with high water bills.  If the water were separately metered for each unit, can I make the tenants pay for the water just like their gas and electricity?  Will Section 8 pay or allow the tenants to pay for separately metered water if it is in their lease?  What would it cost to have separate water metering done?  Thanks.
Martin4010

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Posts: 1
Reply with quote  #14 
In CA what happens if you and the sec 8 tenant negotiated a sub contract?
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