Mark Brogan
tax implications for a small business
I currently own a small plumbing businessI am trying to figure out if I am better off having employees on my payroll or having them on a 1099?we currently work for a big box retailer that pays us on a 1099 my plumbing...
Mark Benevento
Purchasing duplex with 2 tenants / Want to get them out asap
Hey BP,
I am purchasing a duplex with closing in 3 weeks and I plan on doing a full rehab but need the tenants out asap. I obviously can not evict them during this time but would be more than willing to pay 1 months ...
Dane Turk
How to leverage OPM
We have some investors are looking to go in this Multi-family deal with us. 20 units for 2M and each of them would put $50-100k. Has anyone used OPM for down payments (20%) before? How do you guys structure the partne...
LaTanya Green
How to Obtain Financing
Hi all. I am interested in investing in short-term rentals but don't think I will qualify for a loan right now. My annual income is around $90,000, my monthly bills add up to about $4000 and I have one mortgage but no...
Doug Haisten
Structuring this deal
A landlord in a small town (population 69K but the biggest town in the county) that had a FSBO house I approached to buy that house, as we talked, said he was wanting to get out of the rental business (he's mid 70s an...
Guangli H.
Intro & CMA for fellow investors in NJ
My dear fellow NJ RE investor on BP, this is Lee and I am fairly new to real estate investing. After being frustrated working with agents who didn't even know what ARV stands for, I decided to get the RE license to se...
Scott Lepore
financing on a log home
I have a lead on a large log home about 45 minutes southeast of Denver. It seems to be a good deal at the price i could get it for but there is a big butt in the way; There are no other log homes for miles. The lot...
John E.
S Corp Reasonable Pay
Hey Guys!
This is going to be quick- I promise!
I've been told and read that when forming an s corp owners must be paid a reasonable salary and can't just let all of the money pass through and be paid as a dividend...
Anthony Dadlani
Contract for deed ( land contract)
Does anyone have a list of states that allow contract for deed sales ?
Appreciate it.
Greg M.
Bank Appraisal
Hello all, I am curious how exactly banks will appraise a multi unit commercial property. Its a 6 unit building so I know they will value it based of vacancy rate and rental income correct? Is there an exact formul...