Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jake Gaines

Jake Gaines has started 18 posts and replied 50 times.

Post: Greetings from Detroit!

Jake GainesPosted
  • Wholesaler
  • Franklin, TN
  • Posts 50
  • Votes 11

@Russel McMillan Welcome to BP, man! I was born and raised in Detroit and actually left from there this past Friday visiting family. Love what they're doing up there; especially in the downtown area! The RE market there is recovering and its great to see considering all the city has been through over the past decade! You'll love it here on BP! The community is welcoming and helpful! I've been a member just under two weeks and I've learned so much! I can't even quantify how much I've learned! Good luck to you, buddy!

Post: Turnkey Properties? Yea or Nay?

Jake GainesPosted
  • Wholesaler
  • Franklin, TN
  • Posts 50
  • Votes 11

@Chris Virgil-Stone Thanks, man! That's valuable information for sure! I appreciate it!

Post: Turnkey Properties? Yea or Nay?

Jake GainesPosted
  • Wholesaler
  • Franklin, TN
  • Posts 50
  • Votes 11

@Mike D'Arrigo Perfect! I will check it out! Thanks a bunch!

Post: Turnkey Properties? Yea or Nay?

Jake GainesPosted
  • Wholesaler
  • Franklin, TN
  • Posts 50
  • Votes 11

@Account Closed Hey, man. Thanks for responding. I am doing it in my business name. I am trying to build my portfolio. Do you think this would be a good way to do so? If so, would you happen to know of any good companies that you could recommend? I've looked at a couple but I don't want to limit myself to just those two.

Post: Turnkey Properties? Yea or Nay?

Jake GainesPosted
  • Wholesaler
  • Franklin, TN
  • Posts 50
  • Votes 11

REI'S! What are your opinions and/or dealings with turnkey investment properties? I have been looking into a couple of companies that specialize in turnkey properties. Are these good properties to invest in? If so, are there any buyers or lenders available willing to help me fund them? I could be wrong, but I thought it would be a good idea for me as a beginner investor to invest in properties that are already managed, have tenants in them and established cash flow. Also thought it was a good idea starting out to build my portfolio. If I am wrong feel free to correct me.

Post: LLC or S Corp? Help!

Jake GainesPosted
  • Wholesaler
  • Franklin, TN
  • Posts 50
  • Votes 11

@Angelica Osusky Thanks for the book suggestion and the links!! That was extremely helpful. Thanks to you guys I'm back on the right track!

Post: Newbie from Wilton Manors, FL

Jake GainesPosted
  • Wholesaler
  • Franklin, TN
  • Posts 50
  • Votes 11

Welcome to BP!!

Post: LLC or S Corp? Help!

Jake GainesPosted
  • Wholesaler
  • Franklin, TN
  • Posts 50
  • Votes 11

@Nik S. Passive income = LLC, Flips/Wholesaling= S Corp. Got it!! You guys ROCK, man!! Amazing!

Post: LLC or S Corp? Help!

Jake GainesPosted
  • Wholesaler
  • Franklin, TN
  • Posts 50
  • Votes 11

@Joseph Laguerre Welcome to the convo, man! That is the exact knowledge I'm trying to gain!

Post: LLC or S Corp? Help!

Jake GainesPosted
  • Wholesaler
  • Franklin, TN
  • Posts 50
  • Votes 11

@Nik S. Awesome, man!! That helps! Has it been working out for you so far?!