Investing in Section 8 Detroit area

[Sergio Diaz]

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

[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...