Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
How do you pay yourself, when investing in real estate?
I am very interest and eager to start in real investing. I just started to read some books, because i like to read, and maybe i will learn something valuable. I have seen many articles, saying to start in one thing and become good at it.
If i ask myself what i am interest in, is multi family ranters.I could have passive income from more people, than going to single family homes. Might be harder, but that is what i am interest in. For now, i am just reading books and watching people thoughts on investing in real estate, pros and cons and different markets.
But, i am not really sure, how someone gets paid monthly or somehow when investing, let's say in multi-family buildings. That X person have Xs units around the country or a city, so how that someone earn money? Do i need to have LLC business entity, and pay myself employee salary? Or, as a owner how much someone pay himself/herself?