Brian Phillips
Looking for some advice
Im a light dabbler in real estate. Looking to move up to commerical. Thanks everyone for previous help. I have enough capital to get this property with no loan required. 600,000+ capital. Also 20% reserves for cap...
Richard Ibeh
Compass, Redfin... how do you adjust?
Hello all,I've been noticing a big trend on being a "tech-enabled real estate brokerage" and big companies like Redfin and Compass are capitalizing on that notion. There are also companies that will buy/sell homes for...
Elliott Wolf
Disappointed With New Pre-Approval Amount
Not here to complain but to post and see if there are any solutions to the obstacle I have:
Was Pre-Approved for 300K Multi-family home & 200K single family home. Due to a change in jobs which is a whole another ...
Andrew Fidler
QUIT MY J-O-B!!! Rental Income > Salary = Time to Resign
I didn't see a Dave Ramsey style "I'M JOB FREE" scream forum so I picked this one.I just concluded resignation from 18 years of salaried work in the environmental field, over a decade as a project manager. I walked a...
Rigo V.
Fix and flip business -buy and hold tax structure
I am hoping to do fix and flips to generate cash to buy some buy and holds preferably BRRR. I plan on setting up two business structures for tax purposes.My question is what business structure would be good for the fi...
Daniel O.
New 150% bump in salary, so what should be my plan for building wealth?
I am 36 years old, married with a 1 year old girl. I live in a Houston, Texas. My credit is pretty good - in the high 700's. I had a pretty decent salary before, but not enough with all of my expenses and dependent...
Deep Johal
Investor from Birmingham UK - (also interested in Spain/Portugal)
Hi all I'm new to the BP community and love the podcasts and content so far...I'm currently researching the UK markets as well as Spain and Portugal looking for whichever options make the most sense for rental income....
Rich Weese
I'm older than most-seen this before!!
I've been off the board for awhile- very busy. BUYING!!! Think about this for a minute. TRILLIONS of dollars are being added to the economy, and no additional products added to absorb the dollars being created. In the...
Derek Wheeler
Quickbooks, CPA, or Both For Taxes
My wife and I are realty agents, and we are in our first year. Up until now, we have been employed by companies that provided W-2s. I am doing what I can to keep track of our finances and tax obligations, but we are l...
Ryan O.
S-Corp Reasonable Salary
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
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