Hi all, I'm planning to get my Real Estate in Massachusetts soon this year and with the National Association of Realtors agreed to dropping the 6% commission rate, is this still a good idea?

Some metrics I'd look at are nightly rates, cash on cash return, what type of tenant will I be renting to (nurses, wedding parties, and so on) to name a few.

You multiply that with your tax rate to see your tax savings.  

Knowledge is power, but also a burden.

The deal, reached after a yearslong court battle initially brought by a group of home sellers in Missouri, calls for the powerful National Association of Realtors, which has long regulated the way U.S. homes are sold, to amend its rules on how Realtors for sellers and buyers are compensated.In most real estate transactions in the United States, both the seller and buyer have an agent representing them.

I am 15 minutes from Disney, with normal traffic, and have a nice place with full 5 star ratings and we're just battling the bottom feeders here all day long. 

Maybe from an asset based lender, or a private lender, just recognize the rates will be a lot higher.

So simple but so powerful. 

At a 30% effective tax rate, that $200,000 write-off is a $60,000 savings.

It’s a very powerful tool.