Hi, I'm planning to start investing in mobile homes. At first, I want to purchase 1 mobile home to fix and flip to learn the process. I have a few questions and would love to connect with others who have experience wi...

., sounds like this was in Los Angeles County.Would you mind sharing who you used to do the Lot Split?

Getting an LLC in place from the start can provide peace of mind and give you a chance to familiarize yourself with the process before expanding your portfolio.

Hello BP community,It's nice to see so many discussions from like minded people!

We also love podcasts so if any specific episode of the BP shows come to mind let me know! 

Just be mindful of the following things when it comes to California.California does not recognize Bonus DepreciationCalifornia does not recognize real estate professional status.Therefore, you can potentially reduce your Federal taxes but not your California taxes.

@John Reagan Johnson hope you don't mind a PMC answering, but most of our clients hire us because:1) They live out of state and don't have time & expertise to remote manage2) They don't have the time to manage3) They don't feel they have the necessary expertise and/or don't want to risk learning as they go and making an expensive mistake.Go read Kiosaki's Cash Flow Quadrant book.

I also hope to continue to grow my network and meet other like minded individuals and mentors to help advance my investing business.Cheers!

Since this is my only property I do not mind and with my flexible schedule I am able to spend time doing this. 

I had 2 or 3 called.Now again keep in mind I had zero interest in holding these as rentals and I ONLY bought homes that had significant equity for me.. mainly all pre foreclosures..