Referral for section 8 experienced property management

Member since 2024 · 33 posts · 43 votes

Hi BP, new investor looking for my first long term rental with section 8 strategy in class C neighborhoods. I’ve met many agents and PM within the last few weeks but haven’t found a PM yet that specializes or have built their PM business with section 8 as the backbone (what I’m looking for). Most PM I’ve met seem to only work with section 8 because they have to or avoid it all together.

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Michael SmytheBusiness Member

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

@Miguelli Fernandez you're unlikely to find a PMC that only does S8 leasing.

Why?

Because S8 tenants have their own unique challenges.

PMCs that focus on Class A & B properties/tenants, don't want to deal with the unique S8 tenant challenges.

PMCs that do Class C properties pretty much have to deal with S8 tenants, but if they are smart, they take the best applicant they can find - whether S8 or cash-paying.

Just from your statement, it's apparent you do NOT understand S8 tenants and think they will solve Class C rental performance issues.

Do some more research here on BP and you'll see that investors with 10+ years of experience, all say the same things we've said above.

Huh, wonder what all these experienced investors know about S8 that you do not?

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Kerlous TadresBusiness Member
Realtor · Columbus, OH · Member since 2023 · 1k+ posts · 1k+ votes
2y
Quote from @Miguelli Fernandez:

Hi BP, new investor looking for my first long term rental with section 8 strategy in class C neighborhoods. I’ve met many agents and PM within the last few weeks but haven’t found a PM yet that specializes or have built their PM business with section 8 as the backbone (what I’m looking for). Most PM I’ve met seem to only work with section 8 because they have to or avoid it all together.

Hey Miguelli,
I would love to send you some good PM referrals that primarily work with section 8 out in Cleveland!
[email protected]614-490-1163
Kerlous Tadres | Reafco Real Estate539 Reviews
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Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
2y
@Miguelli Fernandez you're unlikely to find a PMC that only does S8 leasing.
Why?
Because S8 tenants have their own unique challenges.
PMCs that focus on Class A & B properties/tenants, don't want to deal with the unique S8 tenant challenges.
PMCs that do Class C properties pretty much have to deal with S8 tenants, but if they are smart, they take the best applicant they can find - whether S8 or cash-paying.
Just from your statement, it's apparent you do NOT understand S8 tenants and think they will solve Class C rental performance issues.
Do some more research here on BP and you'll see that investors with 10+ years of experience, all say the same things we've said above.
Huh, wonder what all these experienced investors know about S8 that you do not?
Logical Property Management4.9446 Reviews
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Miguelli Fernandez
OP
Member since 2024 · 33 posts · 43 votes
2y
Quote from @Michael Smythe:

@Miguelli Fernandez you're unlikely to find a PMC that only does S8 leasing.
Why?
Because S8 tenants have their own unique challenges.
PMCs that focus on Class A & B properties/tenants, don't want to deal with the unique S8 tenant challenges.
PMCs that do Class C properties pretty much have to deal with S8 tenants, but if they are smart, they take the best applicant they can find - whether S8 or cash-paying.
Just from your statement, it's apparent you do NOT understand S8 tenants and think they will solve Class C rental performance issues.
Do some more research here on BP and you'll see that investors with 10+ years of experience, all say the same things we've said above.
Huh, wonder what all these experienced investors know about S8 that you do not?
Thank you for the info it’s very helpful. I’m brand new to real estate investing so learning from all of these posts.
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Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
2y
@Miguelli Fernandez there are probably hundreds of previous posts about S8 investing, how many have you tried to search for to read & learn from?
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Miguelli Fernandez
OP
Member since 2024 · 33 posts · 43 votes
2y
Quote from @Michael Smythe:

@Miguelli Fernandez there are probably hundreds of previous posts about S8 investing, how many have you tried to search for to read & learn from?
I’m new to the forum and still learning to navigate it. I will get on it. I’ve just finished the section 8 bible book and hopped on here. Not sure why you’re so triggered? I got your point already via the first message.
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Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
2y
@Miguelli Fernandez Not "triggered", actually trying to help you out by asking you tough questions to try to guide you to finding your own answers:)
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Michael Izbotsky
Financial Advisor · Los Angeles · Member since 2024 · 9 posts · 7 votes
2y
Quote from @Michael Smythe:

@Miguelli Fernandez Not "triggered", actually trying to help you out by asking you tough questions to try to guide you to finding your own answers:)

Is that how you work with your clients? You tell them to find their own answers?

@Miguelli Fernandez asked an honest question, one that I've wondered myself. Your initial reply was quite arrogant. We're all here to learn from each other and from the "investors with 10+ years of experience."
1 Reply
Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
2y
@Michael Izbotsky you are welcome to your opinion, but I've always found the old saying is 100% true:
"GIVE a man a fish, you feed him for a day. TEACH him to fish and you feed him for a lifetime!"
It's unfortunate that you either don't understand that is what I was doing or don't like it and just want someone to feed you:(
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Miguelli Fernandez
OP
Member since 2024 · 33 posts · 43 votes
2y
Quote from @Michael Smythe:

@Michael Izbotsky you are welcome to your opinion, but I've always found the old saying is 100% true:
"GIVE a man a fish, you feed him for a day. TEACH him to fish and you feed him for a lifetime!"
It's unfortunate that you either don't understand that is what I was doing or don't like it and just want someone to feed you:(
I in no shape or form expect to be spoonfed anything. If anything I haven’t made any moves due to wanting to do my due diligence in researching as much as I can and cross referencing opinions, sources, books, podcasts, etc. however there’s an underlying tone to your response that was very obviously condescending. Getting into real estate is challenging enough in the best of circumstances and having someone in a forum that is supposed to be beginner friendly imply you’re dead weight isn’t only ineffective but also insulting.
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Michael Izbotsky
Financial Advisor · Los Angeles · Member since 2024 · 9 posts · 7 votes
2y
Quote from @Michael Smythe:

@Michael Izbotsky you are welcome to your opinion, but I've always found the old saying is 100% true:
"GIVE a man a fish, you feed him for a day. TEACH him to fish and you feed him for a lifetime!"
It's unfortunate that you either don't understand that is what I was doing or don't like it and just want someone to feed you:(

Feisty
0 Reply
Bob S.
Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
2y
Quote from @Miguelli Fernandez:

Hi BP, new investor looking for my first long term rental with section 8 strategy in class C neighborhoods. I’ve met many agents and PM within the last few weeks but haven’t found a PM yet that specializes or have built their PM business with section 8 as the backbone (what I’m looking for). Most PM I’ve met seem to only work with section 8 because they have to or avoid it all together.

I have been working with SEC 8 and other govt programs for about 10 years. 100s and 100s of move in and outs. I know all the PMS out there happy to help. Assuming you are a cash buyer, I have it all 100% hands off. Props, PM contractors and much much more.

BTW PM CO's do not "specialize or build their biz on sec 8, " the just manage them from clients. I do 95% govt programs in my props. I deal with the admins almost on a daily basis, I know them all.
1 Reply
Bob S.
Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
2y
Quote from @Miguelli Fernandez:

Quote from @Michael Smythe:

@Michael Izbotsky you are welcome to your opinion, but I've always found the old saying is 100% true:
"GIVE a man a fish, you feed him for a day. TEACH him to fish and you feed him for a lifetime!"
It's unfortunate that you either don't understand that is what I was doing or don't like it and just want someone to feed you:(
I in no shape or form expect to be spoonfed anything. If anything I haven’t made any moves due to wanting to do my due diligence in researching as much as I can and cross referencing opinions, sources, books, podcasts, etc. however there’s an underlying tone to your response that was very obviously condescending. Getting into real estate is challenging enough in the best of circumstances and having someone in a forum that is supposed to be beginner friendly imply you’re dead weight isn’t only ineffective but also insulting.

All you need to do, like all my clients from around the world, is connect with those that do this daily take care of it all. Stop watching podcasts and reading book, all a waste of time. Sure, you may pick up a thing here and there. However, for the most part it's not reality. We handle it all, all you do is close. YES, that simple :)
Good luck
0 Reply
Bob S.
Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
2y
Quote from @Miguelli Fernandez:

Quote from @Michael Smythe:

@Miguelli Fernandez there are probably hundreds of previous posts about S8 investing, how many have you tried to search for to read & learn from?
I’m new to the forum and still learning to navigate it. I will get on it. I’ve just finished the section 8 bible book and hopped on here. Not sure why you’re so triggered? I got your point already via the first message.

Sec 8 bible book??? You are working much to hard. So many think sec8 renting is some top-secret thing, it's not. It's exactly like renting to anyone, buy right, reno right, screen right, its just more paperwork, I am happy to help you,
0 Reply
Alyssa Wright
Real Estate Agent · Pittsburgh, PA · Member since 2024 · 86 posts · 51 votes
2y
Hello Miguelli,
We're not located in Ohio, but if you're ever looking to expand into the PA/Pittsburgh market for Section 8 please reach out!
We work closely with Section 8 and are currently trying to get the majority of our owners to open their properties to Section 8 as well!
1 Reply
James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
2y
Quote from @Miguelli Fernandez:

Hi BP, new investor looking for my first long term rental with section 8 strategy in class C neighborhoods. I’ve met many agents and PM within the last few weeks but haven’t found a PM yet that specializes or have built their PM business with section 8 as the backbone (what I’m looking for). Most PM I’ve met seem to only work with section 8 because they have to or avoid it all together.

HoltonWise is the number 1 name in the game for Section 8 in Cleveland.
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