All Forum Posts by: Peter Chaniotakis

Hi everyone,

Hope everyone is doing well. I live in Los Angeles, CA and I feel very close to ready to flip my first house. I feel pretty well-rounded knowledge wise; however, what I am finding hard to get information on is the the process of actually getting a contract for an offer and then after an accepted offer, how the title of the property works for off market properties. I have an idea but would love if someone had a great resource to help me in this step for when I am ready to start making offers. Thanks so much!

Best,

Peter Chaniotakis 

Wow, I really appreciate the depth of your answer, Ashish. Thanks so much for your time.

Hi Everyone,

I hope everyone is doing well. I have two questions that I am hoping someone could shine some light on. First, I want to start house flipping in CA full-time and I am interested in the best possible way to set up your business in order to reduce taxes, maximize profit, and reduce liability. Secondly, I am very interested in getting professional tax planning and was curious if anyone had any recommendations on firms that were well versed in CA Real Estate Tax planning and how much I should be looking to pay for services like these. Thanks a ton!

Best,
Peter Chaniotakis 

Hi everyone,

I hope this finds you and your families in good health. Currently, I am living in Los Angeles and am looking to purchase a multifamily home to live and rent simultaneously. Given my low budget and Los Angeles's high market prices, I have been primarily looking at homes that were built in the early 1900's and have been remodeled to a certain degree. I am curious what everyone's thoughts and experiences have been when purchasing older homes and how long they really last. What are the estimated expenses associated with early 1900's homes? Any advice concerning this purchase would be greatly appreciated.

Thank you,

Peter