Investing in Section 8 Detroit area

Member since 2016 · 6 posts · 3 votes

Hi, I am looking to invest in Detroit. I am new to this market and would like some recommendations for agents that work with out of state investors. I am focus on section 8 rentals. Also any investor friendly PM? Any advise is also appreciated.

Thanks

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Michael SmytheBusiness Member

Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes

@Sergio Diaz let's guess, you signed up for an online "guru" course raving about how S8 tenants are suddenly the best thing ever and solve all a landlord's problems?

How much did you drop on their course?

S8 is a TOOL, not a guaranteed solution!

We manage almost 700 doors in Metro Detroit market, 92 are S8, so we are very familiar with the program.

We've got some great S8 tenants, but also some not-so-great ones that abuse the program.

PM us if you'd like to discuss the reality of using S8 effectively...

Logical Property Management4.9446 Reviews

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Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
2y
@Sergio Diaz let's guess, you signed up for an online "guru" course raving about how S8 tenants are suddenly the best thing ever and solve all a landlord's problems?
How much did you drop on their course?
S8 is a TOOL, not a guaranteed solution!
We manage almost 700 doors in Metro Detroit market, 92 are S8, so we are very familiar with the program.
We've got some great S8 tenants, but also some not-so-great ones that abuse the program.
PM us if you'd like to discuss the reality of using S8 effectively...
Logical Property Management4.9446 Reviews
Website View Page
2 Reply
Brandon Chen
Rental Property Investor · Valencia CA / Detroit, MI · Member since 2024 · 27 posts · 6 votes
2y
Quote from @Michael Smythe:

@Sergio Diaz let's guess, you signed up for an online "guru" course raving about how S8 tenants are suddenly the best thing ever and solve all a landlord's problems?
How much did you drop on their course?
S8 is a TOOL, not a guaranteed solution!
We manage almost 700 doors in Metro Detroit market, 92 are S8, so we are very familiar with the program.
We've got some great S8 tenants, but also some not-so-great ones that abuse the program.
PM us if you'd like to discuss the reality of using S8 effectively...

Can I also PM you? Thanks!
0 Reply
Travis Biziorek
Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
2y
Hey Sergio, I've been investing in Detroit since 2019. My focus was doing off-market BRRRR's and I've built a portfolio of 12-doors. Next month I'm closing on a new duplex.
3 of my 12-doors are S8 tenants. There are pros and cons and it's important to be aware of the drawbacks as well as the benefits.
Happy to send you some resources on S8, the Detroit market, etc.
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Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
2y
@Brandon Chen please do:)
Logical Property Management4.9446 Reviews
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Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
2y
@Sergio Diaz you may want to watch this video about S8 tenants:

Section 8 Eviction in Cleveland. They Lived like Animals! (biggerpockets.com)
Logical Property Management4.9446 Reviews
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Sergio Diaz
OP
Member since 2016 · 6 posts · 3 votes
2y
Quote from @Michael Smythe:

@Sergio Diaz let's guess, you signed up for an online "guru" course raving about how S8 tenants are suddenly the best thing ever and solve all a landlord's problems?
How much did you drop on their course?
S8 is a TOOL, not a guaranteed solution!
We manage almost 700 doors in Metro Detroit market, 92 are S8, so we are very familiar with the program.
We've got some great S8 tenants, but also some not-so-great ones that abuse the program.
PM us if you'd like to discuss the reality of using S8 effectively...

Hi Michael, luckily I did not sign to any guru course on Section 8. I have 3 rentals on 2 different states. Two of them I tried to place them on Section 8, but they get rented before that happened. I see Detroit as a possibility to keep investing. I would like to know more about the neighborhoods. Which one are desire and which ones to avoid.
I do watch James Wise videos. Yes, Section 8 can be a gamble.
Thanks for your response.
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Sergio Diaz
OP
Member since 2016 · 6 posts · 3 votes
2y
Quote from @Brandon Chen:

Quote from @Michael Smythe:

@Sergio Diaz let's guess, you signed up for an online "guru" course raving about how S8 tenants are suddenly the best thing ever and solve all a landlord's problems?
How much did you drop on their course?
S8 is a TOOL, not a guaranteed solution!
We manage almost 700 doors in Metro Detroit market, 92 are S8, so we are very familiar with the program.
We've got some great S8 tenants, but also some not-so-great ones that abuse the program.
PM us if you'd like to discuss the reality of using S8 effectively...

Can I also PM you? Thanks!

Yes Brandon, please PM. I appreciate all the help.
Thanks
0 Reply
Sergio Diaz
OP
Member since 2016 · 6 posts · 3 votes
2y
Quote from @Travis Biziorek:

Hey Sergio, I've been investing in Detroit since 2019. My focus was doing off-market BRRRR's and I've built a portfolio of 12-doors. Next month I'm closing on a new duplex.
3 of my 12-doors are S8 tenants. There are pros and cons and it's important to be aware of the drawbacks as well as the benefits.
Happy to send you some resources on S8, the Detroit market, etc.
Travis, Yes please send me those resources on Detroit market. Thank you very much.
0 Reply
Travis Biziorek
Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
2y
Quote from @Sergio Diaz:

Quote from @Travis Biziorek:

Hey Sergio, I've been investing in Detroit since 2019. My focus was doing off-market BRRRR's and I've built a portfolio of 12-doors. Next month I'm closing on a new duplex.
3 of my 12-doors are S8 tenants. There are pros and cons and it's important to be aware of the drawbacks as well as the benefits.
Happy to send you some resources on S8, the Detroit market, etc.
Travis, Yes please send me those resources on Detroit market. Thank you very much.

No problem. I just sent you a DM.
0 Reply
Brandon Chen
Rental Property Investor · Valencia CA / Detroit, MI · Member since 2024 · 27 posts · 6 votes
2y
Quote from @Travis Biziorek:

Quote from @Sergio Diaz:

Quote from @Travis Biziorek:

Hey Sergio, I've been investing in Detroit since 2019. My focus was doing off-market BRRRR's and I've built a portfolio of 12-doors. Next month I'm closing on a new duplex.
3 of my 12-doors are S8 tenants. There are pros and cons and it's important to be aware of the drawbacks as well as the benefits.
Happy to send you some resources on S8, the Detroit market, etc.
Travis, Yes please send me those resources on Detroit market. Thank you very much.

No problem. I just sent you a DM.

Wondering can i get the same resources Travis? Thanks!
0 Reply
Travis Biziorek
Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
2y
Quote from @Brandon Chen:

Quote from @Travis Biziorek:

Quote from @Sergio Diaz:

Quote from @Travis Biziorek:

Hey Sergio, I've been investing in Detroit since 2019. My focus was doing off-market BRRRR's and I've built a portfolio of 12-doors. Next month I'm closing on a new duplex.
3 of my 12-doors are S8 tenants. There are pros and cons and it's important to be aware of the drawbacks as well as the benefits.
Happy to send you some resources on S8, the Detroit market, etc.
Travis, Yes please send me those resources on Detroit market. Thank you very much.

No problem. I just sent you a DM.

Wondering can i get the same resources Travis? Thanks!

Done and done.
If anyone else wants help please feel free to DM me. I may not see all responses on the forums.
0 Reply
Joan Ayala
Member since 2024 · 1 post · 0 votes
2y
@Travis Biziorek would you mind sending it to me too? We are starting our business, and we will love to buy our first investment property in Detroit. Thanks.
0 Reply
Travis Biziorek
Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
2y
Quote from @Joan Ayala:

@Travis Biziorek would you mind sending it to me too? We are starting our business, and we will love to buy our first investment property in Detroit. Thanks.

Sure, just sent.
0 Reply
Pray Rose
Member since 2024 · 1 post · 0 votes
2y
@Travis Biziorek could I please get the same resource? Thank you
0 Reply
Travis Biziorek
Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
2y
Quote from @Pray Rose:

@Travis Biziorek could I please get the same resource? Thank you

Sure, I just sent you a DM.
0 Reply
Steven Herrera
Member since 2018 · 2 posts · 0 votes
2y
Quote from @Travis Biziorek:

Hey Sergio, I've been investing in Detroit since 2019. My focus was doing off-market BRRRR's and I've built a portfolio of 12-doors. Next month I'm closing on a new duplex.
3 of my 12-doors are S8 tenants. There are pros and cons and it's important to be aware of the drawbacks as well as the benefits.
Happy to send you some resources on S8, the Detroit market, etc.

Hey Travis, would you mind sending me the same resources? Much appreciated.
0 Reply
Ken Brooks
Investor · Palm City, FL · Member since 2020 · 8 posts · 6 votes
2y

@Travis Biziorek can you also send the resource info to me? Thank you in advance.
0 Reply
Travis Biziorek
Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
2y
Quote from @Ken Brooks:

@Travis Biziorek can you also send the resource info to me? Thank you in advance.

Sure, just did!
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