
3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.

18 February 2025 | 43 replies
Would you mind telling us what you spend per month on life?

5 February 2025 | 4 replies
Hi @Jean-Pierre Njiky Djiodjip Welcome to BiggerPockets, It’s such a great resource for learning and connecting with like-minded investors.

4 February 2025 | 4 replies
I have one child under 2 yrs, and another on the way, so thinking about their long term safety and education is on mind.

18 February 2025 | 9 replies
Be mindful that there are rules that the lenders want you to check off.Furthermore, there are other rules on the tax side where you want to normally be under to get the most tax benefits.The magic number in both instances is '14 days'Lenders want you to stay atleast 14 days to meet the secondary home requirement.The tax accountant normally wants you to stay less than 14 days or 10% of the days it was used as a rental to treat it as a rental and not as a personal residence.Best of luck!

18 February 2025 | 16 replies
As I dive into all the different paths I can take (single family vs multi-family, short term vs long term, cash flow vs appreciation, local vs out of state, etc..) my mind is scrambling and I've ended up doing nothing at all.I'm looking to join a mastermind that meets consistently and can really motivate one another to take our businesses to the next level.

17 February 2025 | 61 replies
Agents don’t make it in the investor sector there are few but not all are investor minded.

11 February 2025 | 0 replies
Curious about your thoughts on the stats or any other comments that come to mind around real estate development?

22 February 2025 | 12 replies
I have been searching online for a real estate investors networking group in Vermont but it doesn't seem like there is much so I would like to start one.Even if it is just a couple people to start I think having a network of like-minded people is crucial to success.

11 February 2025 | 10 replies
Keep those parameters in mind as well.Lastly, A great HML would have options for you to transition into after your loan term ends with them.Best of luck to you on your journey!!!