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All Forum Posts by: Orrett Lawrence

Orrett Lawrence has started 13 posts and replied 53 times.

General Landlording & Rental Properties

Post: What does your property management company charge you?

Orrett Lawrence
Pro Member
Posted
  • Rental Property Investor
  • Fayetteville, NC
  • Posts 56
  • Votes 13
@Scott Rubzin I have property in CO and FL both charges 10%. No up charge for maintenance.
0 Votes
Starting Out

Post: Best entity for flipping houses on LLC or S-Corporate?

Orrett Lawrence
Pro Member
Posted
  • Rental Property Investor
  • Fayetteville, NC
  • Posts 56
  • Votes 13
@Mark Bookhagen thanks for the information.
0 Votes
Starting Out

Post: Best entity for flipping houses on LLC or S-Corporate?

Orrett Lawrence
Pro Member
Posted
  • Rental Property Investor
  • Fayetteville, NC
  • Posts 56
  • Votes 13

I've been a landlord by default for more than a decade.  I am going through the process to start a business flipping properties to generate additional income to support my long-term goal of providing quality affordable rental properties. 

I would like some feedback on which entity "LLC or S-Corporation" is best to use when flipping properties. What are the pros and cons?

Thanks for your input.

Orrett 

0 Votes