General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
Prop management wants rents assign Section 8 rents, can I say no?
Recently new property management (Jul'17) want me to assign Section 8 rents directly to property management company. I have been receiving Section 8 rents direct deposit to my bank account for past 3 years, and sending PM rent information. I heard from other owners that PM have not been sending any rent checks since Jul'17. Even owners who have sold their building in Oct'17 have not gotten their rent checks.
I do not think PM is doing a good job. I send PM Section 8 rent rolls each beginning of month. I do not want to assign my rents to PM.
Can I say no?
Terry