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Any high performing agents choose to be taxed as an S-corp??? I heard its expensive to manage and you have to do payroll and bookkeeping.
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A little background on me, I'm 38 been with my current company 22 years managing a large retail business. I get paid fairly well, $90,000+ annual salary but I'm just exhausted with the hours, nights, weekends and holi...
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My worst loss was $100,000 trading foreign exchange. I made $100,000 one year then lost $200,000 the next.
My worst real estate deal I lost about $25,000 on. Paid too much, rented to dirt bag tenant for way...
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Hi everyone,So, I have been reading, listening, and asking questions on BP for a while now. I've started looking at various properties in my potential areas (although I am a long distance first time investor), and I f...
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I am fairly new to the REI world and would like to get into multi family properties. I have been looking at and evaluating deals for some time but now I feel like I am spinning my wheels and don't really know where t...
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I've been investing in real estate since 2012 and have paid with my own cash for all my properties so far. All my properties are fully rented (with the exception of the last one which is being renovated).Now I'm inter...
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I asked AI should I pay Cash for 1 home then refi or buy 4 homes with 20% down on each home for 139000 3b ed 2 baths then im stuck a 4 home till i get another 20% down there answer was When deciding between paying cas...
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We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
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I just got through creating a wealth building strategy for myself and now want to see if there are any problems with it.1. Save $1,000 as an emergency fund in a money market account.2. Pay off all my debts excluding m...