Jason D.
Section 8 income requirements
I have a new rental that will be in service in a couple weeks, and ready for renters. I am going to try my hand at accepting section 8 tenants, which will be a new experience for me. In my other rentals, my income req...
Marisa Faulkner
From Full time job with benefits to....REI with nothing?
Real Estate Investing is all fun and games until you need medical insurance. This is a concern that I would like to get some feedback on. Can anyone provide any advice or suggestions on going from a job with benefit...
Michael Bennett
First Flip House Finally Sold
I was able to finally close on my first flip property!! Details below:The property address is 239 E Newton Pl, Tulsa, OK 74106. We purchased the property for $27k at the Tulsa yearly Tax auction in July of 2018. The b...
Dawn Wilkins
Single Family Student Rental - 1 tenat not paying
Made the huge mistake of listening to a sob story. Rent to 4 undergraduates with a lease that basically indicates "all for 1 run for all". Parent Co-signers. States that they are to pay with 1 check per month. 1st st...
Joel Eizenstat
Mentors
Hi, my name is Joel Eizenstat and I'm looking for someone to invest a significant portion of their time and energy telling me how to get rich. I was a Project Manager at the University of Georgia for 13.5 years. I c...
Martin Vilarino
Self Employment Tax
Hi BP community,Does anybody know how the self employment tax works? I know it's 15.3%, but does it apply only if you have an LLC? And what if you currently have a full time job? Thanks so much in advance!
Jeff S.
Section 8 charge what they will pay?
Haven't done a sec 8 for many years and now have an applicant. I just lowered my asking rent. If it is below what sec 8 pays can I ask for the higher amount? After all it is worth more with all the hassles. Would p...
John Bergstrom
Shift Deductions to Schedule E due to the TCJA?
As a small time RE investor (two properties), I'm thinking it just makes the most sense to 'shift' some of the deductions I used to enter on a Sched A over to the Sched E because of the new rules/deductions with the T...
Nicole Grant
How do you pay your contractor?
Hey all! I'm about a week into my first rehab for a fix and hold. This is the biggest job that my contractor and I have worked together with and not exactly how I should approach this relationship. I have paid for mos...
William Price
Section 8 tenant portion of the rent
Hi,I'm getting ready to rent a duplex to a Section 8 tenant and I have 2 prospective tenants. They both have vouchers and I wanted to ask them what portion of the rent they are responsible for. The rent is $1,800 an...