Besides, given your prior experience, you would probably do very will at the entry level (under $100k, purchase and rehab) flip game.My (conservative) view is not a popular one here on BP.

It is along a row of nice quality homes across the street from a great view of the Merrimack River.

That one is on the same street and sold for 134,000 and the other one is on the street behind this one, a slightly different config, and sold for 130,000.

On the Bigger Pockets forums, S-Corp appears to be a popular (but not universal) choice for flipping, as an s-corp would help with avoid profits all being taxed as ordinary income (Federal, State, and then an additional 15.3% for both sides of FICA).In my case, tax rate something as follows:INCOME TAX- Federal (up to 36.9k): 15.0%- CA State (up to 39.3k): 8.0%- FICA - both sides of medicare and social security: 15.3%--------- Total Ordinary Income Tax Rate (Fed+State+FICA): 38.3%- Total Dividend Tax Rate (Fed+State): 23.0%I could be calculating this wrong, but for the flip scenario, I'm estimating the numbers as follows (just updated them to reflect new financing terms and flat-fee MLS): - Purchase Price: $14,000.00- ARV: $60,000.00- COST Rehab: $18,000- COST 5 months of holding costs (flip insurance, debt, utilities): $1,727.50- COST Closing costs (flat-fee MLS and marketing/ 3% buyers realtor fees/ county transfer tax/ 2% closing costs): $3,465.00PRE-TAX PROFIT: $21,707.50Applying the above tax table, the post-tax profits appears to be as follows: - No S-Corp total taxes (100% taxed at 38.3%): $8,313.97- With S-Corp total taxes ($1,500 taxed at 38.3%, remaining taxed at 23%): $5,222.23So, assuming my numbers are correct, with an S-Corp, it's a tax-savings of around $3,000.

I'm right down the street in Venice.

They driveway has to go from the street to the garage floor, and you can't lower the home or raise the street.I have had several rental inquiries and I am willing to do that, but I couldn't get refinancing.

Otherwise he makes the properties available as needed for licensed trades and inspections.We use tools like Google Drive, Buildium, Chase Quickpay, Camscanner, and lots of photographs to bridge the physical divide and work together remotelyI have to say that the market I work in is the area I originally grew up in, so this was not some maintenance group off the street but someone I had already known for years, but this process is working pretty well.  

I like a local return address, or at least in the same state,  I don't like PO boxes, but an actual street address. 

Hey Fellow BP'ers, I'm looking at a 2/2 duplex on 49th Street near UMKC.

My name is John Heck and I stumbled upon this website while researching a popular mentor program that was highly debated here.