APPEAL 1. RENT STUDY REJECTED 2. 140% HUD Rent Study Commercial - PowerPoint PPT Presentation

May 11, 2023 •386 likes •597 views

Doyle Real Estate Advisors, LLC APPEAL 1. RENT STUDY REJECTED 2. 140% HUD Rent Study Commercial appraisals | Litigation Counseling | Market Research 1601 Walnut St. Philadelphia | 215-231-9900 | DoyleAdvisors.com 1 Doyle Real Estate Advisors,

Doyle Real Estate Advisors, LLC APPEAL 1. RENT STUDY REJECTED 2. 140% HUD Rent Study Commercial appraisals | Litigation Counseling | Market Research 1601 Walnut St. Philadelphia | 215-231-9900 | DoyleAdvisors.com 1
Doyle Real Estate Advisors, LLC HUD / Contract Admin. Rejection § 9.18 of Section 8 Renewal Guide (page 37) “1 st Appeal” 20 calendar days after Rejection Letter . Send written statement w/support via e-mail to applicable Asset Management Division Director . Request meeting /conference call with HUD 2
Doyle Real Estate Advisors, LLC “2 nd Appeal” 15 calendar days of Denial . Send written statement and support Regional Center Director Copy to: Asset Management Division Director 3 .
Doyle Real Estate Advisors, LLC HUD has 15 calendar days after Owner submission date to respond After that, you are likely looking at federal court to challenge HUDRentStudy.com
Doyle Real Estate Advisors, LLC APPEALING 140% MEDIAN ZIP CODE RENT STUDY 1 st – Why not Accept 139% ? 2nd – HUD ordered Rent Study § 9-14.C., page 30 of Chapter 9 HUDRentStudy.com
Doyle Real Estate Advisors, LLC APPEALING HUD ORDERED RENT STUDY IF OWNER’S RENT STUDY IS WITHIN 5% OF HUD, THEN USE OWNER’S NO APPEAL NECESSARY HUDRentStudy.com
Doyle Real Estate Advisors, LLC HUDRentStudy.com
Doyle Real Estate Advisors, LLC Owner vs Owner RCS HUD RCS HUD STUDIO $1,150 $1,100 2-BEDRM $1,714 $1,639 Total $1,725,000 $1,650,000 ($75,000) HUDRentStudy.com
Doyle Real Estate Advisors, LLC HUDRentStudy.com
Doyle Real Estate Advisors, LLC IF YES, NO APPEAL NEW CONTRACT = OWNER’S RENT HUDRentStudy.com
Doyle Real Estate Advisors, LLC IF OWNER IS ABOVE 105%, NO APPEAL EXCEPT FOR: TECHNICAL / MATH ERRORS NO APPEAL FOR JUDGMENT HUDRentStudy.com
Doyle Real Estate Advisors, LLC EQUITY IMPACT INVESTMENT ENVIRONMENT Commercial appraisals | Litigation Counseling | Market Research 1601 Walnut St. Philadelphia | 215-231-9900 | DoyleAdvisors.com HUDRentStudy.com
Doyle Real Estate Advisors, LLC
Doyle Real Estate Advisors, LLC 14
Doyle Real Estate Advisors, LLC 15
HUDRentStudy.com
Doyle Real Estate Advisors, LLC
Doyle Real Estate Advisors, LLC MITIGATING ADVERSE RENT STUDY REVIEW Commercial appraisals | Litigation Counseling | Market Research 1601 Walnut St. Philadelphia | 215-231-9900 | DoyleAdvisors.com 18
Doyle Real Estate Advisors, LLC PROACTIVE Reposition -- NOT Replicate • Washer/Dryer in unit » UPGRADE Kitchens • FREE WiFi NON-SHELTER SERVICES Salaried Service Coordinator 19
Doyle Real Estate Advisors, LLC Financial Planning Tool Are there storm clouds ahead in your portfolio? Reposition your property HUDRentStudy.com

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