All Forum Posts by: Michelle Dong

I strongly suggest familiarizing yourself with the Section 8 program and its prerequisites. Understanding this information can be advantageous, whether or not a property manager is involved.

Being well-informed about the eligibility criteria, application process, and benefits of the Section 8 program can greatly assist you in navigating the housing landscape. For instance, knowing the income limits, family size requirements, and the types of properties that qualify can help you make more strategic decisions. Additionally, understanding the rights and responsibilities of both tenants and landlords under this program can foster better communication and smoother interactions. All this knowledge not only empowers you but also ensures that you can make the most of the opportunities available through Section 8 housing assistance.

Best of luck to you!

 Michelle you are months away from closing .1st you need a realtor and get deal, everything else is easy,

Good luck  

@Michelle Dong hopefully you haven't gone and spent thousands on a "guru" program for S8!

It's not a hard program to learn and there are no "secrets" to be successful.

We've managed thousands of S8 leases during our 24 years in the Detroit market, DM us if you'd like to chat.

Hey Michelle, since you're looking at Section 8 investing out-of-state, I'd definitely suggest finding a property management company that knows Section 8 inside out. They can handle everything from tenant screening to property maintenance and making sure you’re compliant with all the regulations. Plus, they can give you the lowdown on the whole process and help you every step of the way.

You've got this! Best of luck with your new venture! Don't hesitate to ask if you need anything!

Hey @Michelle Dong - I'm a section 8 landlord in NY. I think the locality of every section 8 office matters. 

For example, I would recommend touching base with local landlords in the market you're wanting to do section 8 investing in to get a feel for how the local section 8 office handles landlord/office relationships. 

I know my local office is a PIA to deal with, but it could just be something similar across the board. 

Hey Michelle, happy to connect if you'd like. I've been investing in Detroit since 2019 and have 12-doors there. Three of those are rented to S8 tenants. I'm overall neutral on the program and never intentionally go after JUST section 8 tenants.

Anyway, there's a ton to unpack here about S8 and Detroit in general.

Happy to share some resources if you'd like.

 Hi we are neighbors, I'm in Boynton.. I have been doing all my investing in the Cleveland markets for many years, 100s and 100s and 100s of deals. Happy to share my experience 

@Michelle Dong  I would like to follow up on Stony's post to connect with experienced operators.  Not only is it critical to learn from them but brokers are unlikely to engage with you unless they know there is an experienced sponsor or team behind you.

@Michelle Dong, there are lots of brokers, investors, sponsors, operators, syndicators, etc. in this space that already have the contacts and experience to get things done.  If you are not familiar with owning and managing large multifamily properties, I would not recommend buying properties through a broker with your investors as a learning experience.  Look for experienced operators who you can trust to partner with.  Check out their experience, contact people who know them, conduct background checks and be sure they are someone you can work with.  They will know the best markets and already have relationships with the best brokers.  If you want to talk about this more, contact me.  Good luck to you.