![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3174947/small_1737924595-avatar-marcz18.jpg?twic=v1/output=image&v=2)
31 January 2025 | 7 replies
Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3173281/small_1737585503-avatar-johnl1520.jpg?twic=v1/output=image&v=2)
5 February 2025 | 17 replies
Quote from @John Lasher: I've heard from so many investors that they have put a pause on their flipping business.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1903441/small_1666810392-avatar-adrianpl92.jpg?twic=v1/output=image&v=2)
11 February 2025 | 6 replies
Create columns for Name, Street Address, City, State, Zip and then contact info: Last Contact, Relationship, Status, Email & Phone.IMPORTANT: do NOT ask people for THEIR business, ask for referrals!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3088894/small_1722365942-avatar-reneh34.jpg?twic=v1/output=image&v=2)
10 February 2025 | 17 replies
It's definitely tricky because you want to be considerate and you are also running a business.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2712121/small_1737069954-avatar-juniorp8.jpg?twic=v1/output=image&v=2)
24 January 2025 | 1 reply
I own the property free and clear and i use the equity as part of my business line of credit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3171374/small_1737218123-avatar-jerryz27.jpg?twic=v1/output=image&v=2)
7 February 2025 | 9 replies
The liability coverage is way better, the building coverage is often better, and commercial policies typically cover loss of business income as well, which a homeowners policy isn't going to help you with.California + wildfire area + STR is super tough.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2496656/small_1726779363-avatar-brandonl542.jpg?twic=v1/output=image&v=2)
30 January 2025 | 8 replies
Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2999471/small_1735050329-avatar-jonathanw558.jpg?twic=v1/output=image&v=2)
5 February 2025 | 16 replies
Most importantly, understand the difference between a business purpose and consumer purpose loan.Read my post in this thread, which details our process in actionable terms.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2850962/small_1696696404-avatar-dawnh89.jpg?twic=v1/output=image&v=2)
30 January 2025 | 7 replies
They have been managing fine, although not too busy, I guess because of the market.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1775668/small_1651945373-avatar-joes731.jpg?twic=v1/output=image&v=2)
3 February 2025 | 31 replies
I define small business owners as people who employ w2 employees.