Hello. I been interested in REI since 2018 but have a current career in nursing so have not dedicated myself to investing much. I am looking to transition into real estate full time! I am a current wholesaler but col...
Hello, my question involves having my company paying me a salary. Would it be smart to do this since if I can show two years income, then I can qualify for 30 year loans on rental properties I am planning on owning. ...
I have been successfully investing in rental properties for approximately 20 years. I personally own 11 doubles, 2 condominiums, and have completed 4 flips with moderate success. 2.5 years ago I retired from my job af...
QUESTION: What does the approval process look like when commission makes up about 15% of your income, and the rest is a base salary? I’ve read that when commission accounts for 25% or more of one’s total income, lende...
I have a AZ based wholesale and flip company, that sources many deals from the Arizona MLS. I would like to bring on an Acquisitions Manager to make offers on MLS properties. I'm considering the Pros and Cons to hir...
Hello Canadian BP’ers,
Looking on some feedback regarding a strategy I stubbled upon. If you bought a house a year for 10 years (assuming cash flow positive as well), and on the 11th year refinanced the 1st house to ...
Hello,I will make this as short as possible. I am not sure if this is a rant or just me looking for confirmation on my thoughts, but overall just need guidance. Recent graduate with B.S in Finance. I have always taken...
Need your help BP team!! My sister-in-law brough me a problem I'm having a really hard time figuring out. Here's the deal:- She owns a small disaster recovery services business and has a newly awarded contract with ...
Hello BP!!We are considering hiring an acquisition manager in the future. This person would be responsible for meeting with homeowners and getting deals under contract. I'm not sure the best approach to creating a c...
HOW TO TAKE MONEY OUT OF S CORPORATION AND INVEST IT IN THE REAL ESTATE BY OPENING A NEW LLC.