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Updated about 16 years ago,

User Stats

313
Posts
87
Votes
Michael R.
  • Real Estate Investor
  • New York
87
Votes |
313
Posts

PM for Sec. 8 Prop. Pay?

Michael R.
  • Real Estate Investor
  • New York
Posted

How do you handle paying a property manager on a property that is rented to a Sec. 8 tenant? Example; I have a Single family rented at 800$ a month. 675$ is mailed to me from the county. Mangers are charging 8-10% of gross collected rents here. I do not feel like I need to pay them 80$ a month for picking up 125$. I know there is more than just picking up rents involved, but I want a simple agreement of mailing me the rent and handling minor repairs. I do not need them to pay my taxes and everything else like some companies offer. Any Suggestions?

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