ISO Property Managers For Single Family Section 8
Hello,
I'm considering buying a deal from a wholesaler in Detroit, MI 48238, but the problem is I don't know of any Property Manager who could manage it. The wholesaler says Section 8 would make it profitable as an LTR. The cost to get in on the deal is a very low entry. Please if anyone has any recommendations on Property Managers out there, I would greatly appreciate it.
Thanks!
#1 Managing Your Property Contributor
- Property Manager
- Metro Detroit
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#1 Managing Your Property Contributor
- Property Manager
- Metro Detroit
@Justin Chiang what's the address?
We can tell you the Property Class and corresponding pros & cons.
Also, everyone is pushing S8 as a cure-all - which it is NOT!
We manage almost 100 S8 leases and S8 has its own pros & cons.
You can NOT trust wholesalers.
@Michael Smythe thank you! I moved on from the deal as per your comments. I greatly appreciate it!
#1 Managing Your Property Contributor
- Property Manager
- Metro Detroit
- 1,442
- Votes |
- 2,983
- Posts
#1 Managing Your Property Contributor
- Property Manager
- Metro Detroit
@Justin Chiang we didn't recommend moving on, rather proceeding with caution.
Just for fun, what was the address?
@Michael Smythe, no worries. I didn't want to feel like I was rushing into the deal from the wholesaler into a market that I had no idea about prior to recently. Also, I'm not allowed to share the address. I'm glad Biggerpockets has such a great community to help me along this journey. I greatly appreciate your help. Thank you.