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Updated 16 days ago on . Most recent reply

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Hello from a Bay Area Investor Ready to Flip Houses!

Posted

Hi BiggerPockets Community,

My name's Manuel, and I'm a structural engineer in the Bay Area, excited to join this forum! I'm getting into real estate investing to diversify, and my focus is firmly on house flipping. I already own a condo, but I'm new to investing actively.

With my structural engineering background and some construction experience, I'm confident in the rehab side, but I'm really looking to connect with experienced Bay Area flippers. I want to learn about local market nuances, find reliable teams, and understand deal flow.

Looking forward to connecting and learning from all of you!

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Hello Manuel,

Welcome to Bigger Pockets! I hope you're able to make lots of connections and learn a great deal about real estate, both in the Bay Area and nationwide as you focus on flipping properties.

One thing I may recommend, if you haven't done so already, is to learn about Trusts and LLCs as you begin your real estate investment journey, for any flipping properties you plan on selling right away or those you may consider potentially holding. These tools could be helpful for you if you are concerned with anonymity, tax mitigation, and/or asset protection as you grow your portfolio.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

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