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...
I am in the process of setting up a new entity in Texas that will replace my old operations entity that I've been using for the last 14 years. I'm engaged to what will be my 2nd wife after a lengthy and somewhat cont...
Is it possible to pay myself a salary or distributions in an LLC set up to manage my existing properties and then use that income as my income to qualify for conventional financing? What I'm trying to get around is sh...
I have a candidate who makes $90K per year. The monthly rent I would charge is $3.8K per month. Should I even consider accepting?
I need some help with the salary range expectation I have after some research is realistic or not.
The background of this story is the following:
* My background is in Mechanical Engineering
* 7 years experience in...
As the title states I am interested in hearing opinions on what people on here think is my best option for salary compensation to allow for long term wealth and RE investing. I currently work a J.O.B. that i enjoy whe...
Tried to cash out with ally bank and they asked for 2 years salary proof. Is this a standard requirement from banks or are there others with less strict requirements of say a few months income proof?
Question for those who actually have a RE business... how much of your earnings do you take? Do you pay yourself as a salaried employee or do you just withdraw money as needed? Do you take a certain dollar amount (i.e...
Hello, I am a long time reader of BP and am in school at Virginia Commonwealth University, studying real estate. I will be graduating this coming spring 18, and currently interning at a local commercial real estate fi...
I've always heard that I should use a corporation to reduce self-employment taxes while doing fix-n-flips. However, I've heard that you only need to pay high SE taxes up to $130k. If my W2 Salary is $130k+, then my ...