Good Morning, I have heard of people using their deferred comp. retirement accounts as temporary loans to fund rehabs, buy properties, etc. The terms are listed below: -9.5% Annual Interest; but you pay yourself the i...
I’m not sure this is in the right section, but when I find investors, what is a common payment structure? Is it a percent of investment amount? Or is a percent of profit involved. I’m not sure how to structure the dea...
Quick question.. When working as a wholesaler and getting an agent to help us get a list of properties from MLS. If they agree and become our buyers agent, how are they compensated? I'm just trying to understand in ca...
I would like to see if someone can help me with this question I have. I realize agency relationships may be different in different areas but the same basic rules should apply here in this case.
I have a seller who wa...
Curious about how others structure an on-site manager's employment agreement (e.g. housing allowance, hourly or salary, tasks required,etc). This is for California specifically. Would also love a referral for an atto...
Hello Everyone! I am a recent University grad with a degree in Finance, Real Estate, and Law (1 Major). I recently renewed my salesperson license and have sent in my application for a Brokers license. I have been work...
I am a newly licensed real estate agent in Ohio. I am working as an assistant as part of a successful team. I recently completed my first sale. My teammate/employer would like us (she and I ) to come up with a comp...
After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...
Hi, I've made an account just to ask advice on this question. Currently I'm negotiating with a seller who is a contractor and has rehabbed a single-family property. As a side agreement, we are asking him to convert pa...
I initially reached out to a gentleman who I thought had a property he was looking to sell. Comes to find out he's a developer looking for investors/partners on the development of two multifamily properties. I have s...