Section 8 will pay up to their listed HUD Fair Market Rent (FMR), but how do you list your house to make sure you are getting the most rent from Section 8 that you can? If you list it for the maximum HUD FMR amount, tenants will not call. If you list it too low, you run the risk of Section 8 holding you to that low number. So I list mine for $300 less than the HUD FMR amount. I get a better pool of applicants.

Then I ask the applicants what is their actual "Payment Standard"? The Payment Standard number the applicants are given is the amount of rent I can charge (give or take $50-ish), if the tenant is paying the gas, electricity, and water.

Sometimes I find out I can get more than the amount for which I listed my house. So as soon as I have that applicant secured, I remove the listing because I do not want Section 8 to see it and hold me to a lower rental amount. If Section 8 does see my listing somewhere, I have a disclaimer in my listing stating "Actual Rental Amount Depends on Voucher." Hopefully, that helps Section 8 to NOT hold me to the lower amount I posted on my ad. I admit, I haven't had Section 8 ever hold me to a listed amount. I have heard it has happened though.

In the video I stated that your first payment will show up and it could be lower than the amount you thought. That's not really how it happens. You sign off on the amount before the payments start coming to you. You can back out if it ends up not being an agreeable rental amount.

To learn more, check out my course: https://www.section8rentalmastery.com...

Manage It Yourself! 💪🏻
Section 8 Rental Mastery: The Pat & Monique Method 🙌

🎉Weekly Mastermind with Other Investors!

🥾Finding your boots on the ground person in Detroit
💰How we have purchased and renovated 300+ properties
👮Securing the Property
🏠Handling Squatters
🛠️Renovation: Including a list of all the products we buy at Home Depot - DROPS IN APRIL
🧰List of Potential Contractors in Detroit
🙋Videos to send to your tenants so they can troubleshoot and fix their own issues –DROPS IN APRIL
🔌Setting up Utilities in a way you save money
🆗Getting your house under city compliance – Videos of 10 Live Inspections
👩‍⚖️Tackling Detroit Blight Tickets
📣Advertising for rent for a Section 8 tenant
🔍How I do a background check on a Section 8 tenant
🎱The Section 8 Inspection process
🤯The Section 8 forms you need to understand
👩🏽‍🏫My 29-page lease with a full tutorial understanding the clauses – DROPS IN APRIL
😀Managing your low-income or Section 8 tenant
‼️ The eviction process
✅My Trello board with lists and my Standard Operating Procedures

Facebook Group thanks to Jay Peltier who inspired this video:
Detroit/Metro Area Section 8 Only Rentals

Exclusive Buyer List:
www.GreatDayPropertyManagement.com/exclusive-buyer-list
We only sell a couple of houses a month. This is step 1 to join our waiting list.

0:00 The Question
0:35 I am Monique Burns
1:00 Stop using AffordableHousing.com
3:09 Tip #1 Remove Your Listing
3:35 Tip #2 "Actual Rental Amount Depends on Voucher"
3:43 How to Figure Out Rental Price for Ad
4:53 Ask for Maximum Gross Rent
5:35 Ask for Payment Standard
627 Disclaimer
7:17 Rental Amount for Listing Ticket
7:52 List on Facebook Groups
8:26 Zillow
8:28 My List of S8 Emails now For Sale

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PLAYLISTS
Section 8 Secrets Revealed:
https://bit.ly/Section8Playlist

Detroit Investor Information:
https://bit.ly/Information-coall

Properties:
East Side of Detroit: https://bit.ly/EastSidecoall
West Side of Detroit: https://bit.ly/WestSidecoall

Detroit Renovation Project Start to Finish:
https://bit.ly/DetroitRenovationProject


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About our company:
Great Day Property Management buys houses in Detroit, renovates them to high standards that will pass city and Section 8 inspections, places deserving tenants, then flips the houses to investors from all over the country and the world. I then either offer a referral to a property manager or I am starting to offer consulting on how to manage properties yourself from out of state by using some of my own boots on the ground. [email protected]

To Tenants:
Please check my website for rental qualifications, available properties, and a rental application: www.GreatDayPropertyManagement.com/rent

Website: http://www.GreatDayPropertyManagement...
Facebook:   / greatdaypm  
TikTok: https://vm.tiktok.com/ZMeD86rcL/
Instagram: Instagram.com/Monique_burnss
LinkedIn:   / monique-burns-17030326  
Blog Posts: http://www.greatdaypropertymanagement...

Great Day Property Management
14685 E. 11 Mile Road, Suite A
Warren, MI 48088
(248) 390-3982 Monique's cell
[email protected]

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