Updated about 2 years ago on . Most recent reply
Section 8 property manager
Have property that we want to section 8. It’s a completely renovated house in Philadelphia in a zip that’s a class A but the neighborhood is probably a C. It’s starting to become gentrified.
With section 8 do you need a property manager? Thanks!
Most Popular Reply
Michael Smythe
#3 Classifieds Contributor
Property Manager
#3 Classifieds Contributor
- Property Manager
- Metro Detroit
- 2,889
- Votes |
- 4,554
- Posts
Michael Smythe
#3 Classifieds Contributor
Property Manager
#3 Classifieds Contributor
- Property Manager
- Metro Detroit
@Marc Possoff would be careful of getting S8 tenant in a Class A zip. Usually rents are too high for S8 limits in Class A and many Class B areas.
Also, S8 is NOT a cure-all for tenant nonpayment issues. Many S8 vouchers now require tenants to pay a portion of their rent and utilities. Many tenants choose not to pay their portion.
- Michael Smythe
Logical Property Management