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.
...
Given that there is such a liquid market of buyers online I was wondering what people's thoughts are on the commission paid to Realtors. A 6% commission has always seemed scandalously high to me given the typical amo...
I am building a house...https://www.dropbox.com/s/2ta56u5d2esz6h9/house.JP...... that will cost about $73,000 to build, mostly because I'm doing a lot of the labor myself.Based on current market data, I think I can se...
I realize I do not have a ton of posts here on Bigger Pockets, but I can’t emphasize enough the impact BP has had on me in a short time. In the interest of community and sharing success stories with others that might...
Hello BiggPocket members,I have 2 bedroom rental in South Florida that rents for $850.month to an Old lady.See called me last week complaining about a mold smell in the property.I dispatched a Handyman that came back...
It is my contention that in most circumstances you should not use a real estate agent to buy a single family home, and only in limited circumstances should you use one to sell. This strategy saved me approximately $15...
Everyone is asking how to get into RE. I want to know - how to get out? It was fun while it lasted, but I'm kinda done...Any ideas?I've had oil on my mind lately, and Serge is no freaking help. Should I maybe buy s...
A recent blog post really, really struck me as bad advice. http://www.biggerpockets.com/renewsblog/2014/10/08...This is not the way we want investors to be representing us, and definitely not the kind of advice that t...
Hey everyone, my name is Blake and I'm a mechanical engineering major at a community college in Springfield, Mo. I have been diving into real estate for a little over a year and I am now confident it is what I want to...
Is a massive real estate crash on the horizon? Experts are divided, but what do you think—are there warning signs suggesting caution for potential buyers and investors?