We just launched our value add Realestate community and have just hit 50 members! It’s a free community and we are still game planing on how to monetize. We are thinking of offering a course “how to flip your first property with 0 experience” and having it available for free on a $49 a month group. Think that would work? We are also considering weekly Q&As available to the paid group. Also what have yall found to be the best way to convert free members into a paid group?
I’m in week two of my community and I have made almost 1k already. Do I need an LLC? Am I gonna lose all this money (40%) to taxes? I think I’ll make a large amount of money this year with my community, but I have NO IDEA how to run the back end of the business. I just know how to get my client to give me money
you definitely need to talk to a CPA. I’d imagine skool taxes will actually be very straight forward. If I were you I’d learn how to use QuickBooks in order to keep track of everything. Then the next thing I would do is hire a damn book keeper because I hate doing it 😂. You do need to understand the system, but it’s easy stuff you can hire out to someone part time usually.