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All Forum Posts by: Jose Diaz

Jose Diaz has started 30 posts and replied 218 times.

Post: Should I incorporate before Investing?

Jose DiazPosted
  • Renter
  • Hialeah, FL
  • Posts 239
  • Votes 27

@Shawn Mcenteer

I am planning to begin with wholesaling, then progress to fix/flip, buy and hold.

I also thought about what you mentioned regarding creating a history with the business to get loans, etc.

Post: How did you incorporate? C-Corp, S-Corp, LLC??

Jose DiazPosted
  • Renter
  • Hialeah, FL
  • Posts 239
  • Votes 27

This has been an amazing discussion. I am trying to wrap my head around all the information. I am a newbie to REI and am also trying to figure out the best type of incorporation to begin with.

I was thinking of wholesaling first, then progressively move to flipping then to buy and hold.

Jose

Post: Hello BP family! Newbie here!

Jose DiazPosted
  • Renter
  • Hialeah, FL
  • Posts 239
  • Votes 27

@Patrice Chatfield

Welcome Patrice. I am also venturing into real estate like you. Bigger Pockets has everything. I am overwhelmed with information, thats how much info there is.

@Paul Timmins was one of the first to welcome me also. I would follow his advice to begin your journey.

Post: Should I incorporate before Investing?

Jose DiazPosted
  • Renter
  • Hialeah, FL
  • Posts 239
  • Votes 27

Hello everyone, I wanted to know what the opinion of everyone is regarding incorporating before beginning my investing journey?

If yes, is a C-corp more effective tax wise than an S-Corp or LLC in general?

Post: Newbie from Miami, Florida

Jose DiazPosted
  • Renter
  • Hialeah, FL
  • Posts 239
  • Votes 27

@Raymond B.

Thank you for the help Raymond. Its obvious I am a newbie. Hahaha.

Post: Newbie from Miami, Florida

Jose DiazPosted
  • Renter
  • Hialeah, FL
  • Posts 239
  • Votes 27

@Paul Timmins

Thanks for the advice. There is an overwhelming amount of information here, however that is what makes it great.

Post: Newbie from Miami, Florida

Jose DiazPosted
  • Renter
  • Hialeah, FL
  • Posts 239
  • Votes 27

Thanks to you both.

Michael- I started reading beginners guide last night. Great information so far.

Post: Newbie from Miami, Florida

Jose DiazPosted
  • Renter
  • Hialeah, FL
  • Posts 239
  • Votes 27

Hello to everyone. My name is Jose Diaz from Miami, FL. I am currently a Licensed Mental Health Counselor in the state of Florida. My wife and I are looking into using real estate investing to provide us with the opportunities life has.

At the moment, I am educating myself on wholesaling, fix/flip and financing options. It would be great to meet a seasoned investor in these areas, as we are very fresh to real estate investing. Some genuine help would be greatly appreciated.

I signed up at bigger pockets because it provides legitament, no non-sense help/guidance that we need to grow our idea of expanding our means.

Pleasure to meet all of you!

Jose Diaz