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Reply to "Rental choice in Dc - Section 8 or regular tenant"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If it's really Hillcrest, you can't rent it for that price to Section 8 unless all utilities are included: https://www.dchousing.org/vue/customer/rent.aspx says it's $1423 for a 1br with utilities and $1226 without. So if you want the guarantee of the Section 8 income, you'll have to cut the price.[/quote] I had looked at that site and couldn't figure out what those numbers meant. Are those fixed rates, or maximums? For example, I have a basement unit on Cap Hill that rents for $1700. If I put it on the market, I might get a little more, but not much more. But the site lists $2467 for a one bedroom on Cap Hill without utilities, which is significantly above market for a basement unit. Seems like when a tenant moves out, we'd do very well by switching to Section 8. Am I missing anything? If so, why aren't more people renting through Section 8?[/quote] Yes, I think you are under renting in that area. Advertise for the section 8 rent and make sure to get your unit inspected for HCVP along with a business license and you are good to go. [/quote]
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