Possibly an S Corp, where you pay yourself a small reasonable salary that gets taxed at ordinary income rates, plus SE tax.

And by paying for this overhead, they're not going to hit the 2% / 50% numbers per se....but they're more than free to pick up a hammer if they really want to.

My name is Kevin Wilson and I live in Chandler, AZ. I am a relatively new investor. Two friends and I started ZWS Properties, LLC with one REO purchase that we are renting out in Queen Creek. Currently we are “sl...

My primary business is construction financing and concentrate in the SE US.

My real estate office is downtown, I live in SE aurora.

Jon can you run the 50/2 % formula here on paper...so we can all se how the math works.

I'm interested in purhcasing a primary residence and I found an interesting deal:http://www.redfin.com/WA/Kent/30616-152nd-Ave-SE-98042/home/380566Lowest comps are easily $200k and bank's asking $90k.

I've been looking as well for REI groups here in SE Michigan.

This is unrelated to listing or selling a property, per se.

I am starting to get into rehabbing properties in the NW Ohio and SE Michigan area.I am hoping I can get some leads on hard money lenders, or investigate what others in the same field are doing to secure funding.