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Updated almost 2 years ago on . Most recent reply

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Marc Possoff
  • Flipper/Rehabber
  • Phila, PA
16
Votes |
106
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Section 8 property manager

Marc Possoff
  • Flipper/Rehabber
  • Phila, PA
Posted

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

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4,304
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Michael Smythe
#2 Managing Your Property Contributor
  • Property Manager
  • Metro Detroit
2,648
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4,304
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Michael Smythe
#2 Managing Your Property Contributor
  • Property Manager
  • Metro Detroit
Replied

@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
business profile image
Logical Property Management

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