Again, talk to the locals—cops, hotel personnel, and restaurant employees—to obtain the inside scoop about the neighborhood.Real estate investing necessitates rigorous attention to detail, which is why property tours are essential for acquiring critical information.

Advertising, sales commission, job supervision (which isn't usually a job cost), office expenses (even if they work out of their home), insurance, accounting and legal fees, licenses, taxes, employee expenses, and their own salary are just a few of their overhead expenses.

It's allowed me to do some of my own work like changing toilets and fixing leaking ceilings, but even if I don't want to do a job personally hopefully I'll have enough knowledge to not let a contractor over charge me, or recommend something I don't need.You'll also meet local contractors, and hopefully investors.They may offer an employee discount too.

They will charge you $25k to connect you with a CPA who is not a WealthAbility employee, they are contract workers.

What does my in law have to do to like work wise to be my employee?

If an employee was stealing from the till would one say "what can you do" and just ignore it????

Having independent contractors or staff employees do your work on the property is a much better approach.

Bottom line if your going to be self employeed you need to make more than just replace your W2.. at least in my experience.

If you are stuck in the business you're not running the business as an owner, you're really a technician and employee of that business.If you want to be an owner, great, learn to delegate.

I’m actually looking for 6 employees.