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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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I just purchased “the simple man’s guide to real estate.†Has anyone tried it? I looked at several others before purchase. It cost about$110.00. I got a manual, a contract maker, and I paid $10 to get a coach...
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Hi Bigger Pockets community, I am 26 years old with an undergraduate education in geology. I've spent the last couple of years wandering aimlessly and it hasn't paid off to do so. Trying to reinvent myself, my strateg...
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Please share your systems and tips for successfully running a low income investment strategy. Especially around rents, maintenance, evictions, tracking expenses etc.
I recently purchased a few low income properties ...
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ifunding seems to be the first crowdfunding portal to have an investment (actually 5 investments) not go according to plan. They have 5 fix and flip deals in Milwaukee with the Orange group that were suppose to yield...
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I am about to close on a Airbnb property with a very steep and winding road, and was wondering if it would be a good idea to rent a jeep wrangler out to guests who do not have a 4WD?
I would not be using the jeep of...
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I haven't seen anything in the forums less than a year old about this, but here on phoenix I hear a commercial for Offerpad/Opendoor perhaps 4-5 times a day. Always kinda figured they must lowball quick cash offers an...
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So I am seeing and hearing a lot of chatter about the coming burst. Do you really think it’s coming soon? If so when? Do you see it affecting Florida terribly?
Hi guys, wanted to share my story for some motivation.I started investing in 2007 as a 23 year old. My portfolio consists of 13 units and the current annual cash flow is roughly $170k annually. Most of my units are in...
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Lose Your Competitive Edge With Debt
The more debt you have, the larger the loan on the property, the less competitive you are.
Is your goal to have as little money tied up in an investment property as possible? He ...