how to make sure this work?
addition tenant should not be govened by agency in Section 8 ?
living index (which will give a whopping 2.9% increase). Here's what you need
1. Find out what census tract your property is in. Sec8 bases
everything on the 4 digit tract number. Go
2. put in your address & it will show the census tract number. Then click
'Map It' & it will show your census area- this is the area where you must
base your comp's. Print a copy of the map & keep on file.
3. Contact a Realtor & have them do a wildcard rental search for this map
area- go back several years if necessary. You will be surprised how many rental
comp's are in the MLS. I've been a realtor for 12 years & I had no idea!
4. Send the comp's to Sec8 as proof of comparable rents & fight for the
Your odds are much better with this approach because it shows you know what
you're doing & you'll have solid evidence to make your case.