Nathan Gruetzmacher
2nd Auburn, CA Buy and Hold
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $620,000
Cash invested: $20,000
We purchased this property and retained the duplex listed prior. This is a S...
Account Closed
Taxes and renting a room out in my home?
I rent a room out in my SFH. It is currently rented for $100 per week. How will this affect my Taxes? Will I be able to deduct a portion of my mortgage and property tax as a cost of business? What other implications w...
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...
Jessica Price
Investing/ leasing to Section 8
Hello all! Does anyone have any recent experience with leasing to section 8 tenants, specifically in Alabama? I'd love to connect!
Troy F.
How do you track Section 8 rents in your accounting?
I use Stessa to keep track of my rental income and expenses. We have one section 8 tenant. There is a category under income for Rent and another for Section 8. My section 8 tenant pays $320 while the Housing Assist...
Caleb Huff
Section 8 landlording
Hello! I am in the process of buying my first rental, a 4-plex. One of the tenants is under HUD. I’ve been told I need to apply as a landlord through HUD. Can this be done online or will I need to go in person? What d...
Ralph Ace
I had closing on April 11th and 1st payment not due to June 1st
I had closing on April 11th and 1st payment not due to June 1st.Is there a reason I need to wait over 1 month and 2 weeks to make my first mortgage payment.Thank you
Jamie Stone
Hard Money Question
Suppose I had to use a hard money lender for the rehab portion of the house I am looking at (I have the money for the purchase - depending on the price they accept). Do I need to form an LLC to receive a hard money lo...
Gustave Stroes
How to Structure Investor/Developer Profit Split?
Hello BP Forum Members.My wife and I build homes in the Los Angeles South Bay area. Technically these are remodels, but I say "build" because the existing house is take down to the foundations, and we start from what ...
Angie Castro
Section 8 Tenants
Hi , I'm currently looking for a tenant in one of my units and I have a section 8 applicant. I'm a bit confused with how I would get paid? Is it a direct deposit from the Housing Authority? or is it a check in the mai...