All Forum Posts by: Christian Perez

My girlfriend is a cosmetologist who has been filing under 1099, but wants to change that with the S Corp. I’m looking for someone that can help recommend me or guide me to the right person to create that. She makes about $10,000 - $14,000 a month. Please feel free to input big questions that I’m sure I should be asking 

Thank you in advance 

Hello BP community, 

I'm going to give some background information to help you guys understand my current platform and where I stand. I am a travel nurse currently working in San Diego up until April. I have my primary property in Las Vegas and have had it for two years now. Currently I'm making good money and have $60,000 to invest. I'm pretty hands on and can do some renovations. I don't mind house hacking or buying an investment property. The market that I'm looking at is Las Vegas because I know the market and would benefit in investing there because I have an uncle who is a construction worker. He has been doing that his whole life so he's very efficient and knowledgeable in building houses and the foundations that go along with it. Along with my uncle, I also have my father who is a handyman himself. Again, I'm a new upcoming REI who is seeking advice. This will be my first purchase into my future real estate investing. I'm here asking for advice in what is the best decision I can currently make in order to launch my real estate investing career. I will remain a travel nurse so I can continue to have cash to invest. I understand that it is impossible to foresee the market, I'm wondering if I should hold off later into the first quarter to see how the market trends, or should I take action now house hack or buy a property with a 20% down. (I don't mind house hacking in a duplex, triplex or a quad but the neighborhoods that these properties are not the best locations). The upside that I can see is that my job requires me to work 50 miles away from my residential home as a Travel RN. In Las Vegas, the market blooms slightly better than others when everyone is doing good, but it gets hit harder than other markets due to its tourism.

1) Who do you recommend I talk to in order to make the best decision including tax strategy and property purchase?

2) Should I wait to see where the market goes?

3) Should I seek out another market that is more stable?

4) If you were in my shoes what actions would you do?

5) Should I get an LLC?

- If I'm not asking the right question, please feel free to input the questions/answers I should be asking. 

Thanks for reading to the end, hope to hear from you soon

Hi, my yearly home insurance is coming up for renewal. I am a travel nurse who is looking to rent two bedrooms out. The house is my primary residence. I’ve had the property for two years. I currently  insured Stillwater insurance. When I bought the property it came with Stillwater insurance and it renewed the first year.  How can I find the best insurance for a low cost. I know I can get quotes, but I thought I should check with the community first. Any advice would be helpful, thank you for your time.

 That's awesome. I'm assuming that owning a property in another country is a different set of rules that you have to play by? The properties you're investing in NM are short-term?

Hi Kristen, thank you for this advice. I almost missed this notification. Im glad i was going back to review the advice that people had. im fortunate to have my family who are in the construction. As I was reading, being able to checkmark most your questions. Do you only invest in NM, and what kind of investing do you do? if you don't mind me asking.

Thank you for that advice. That makes total sense how you phrased/explained "intent" it and definitely going to look into it. I do agree that sometimes extending contracts is out of the RN control. 

 Thank you, Dave. Will different lenders tell me different results as far as getting preapproved and what the price of homes that I can afford, or does it vary by lender to lender?

 This information is simple, but gold. Do you know if I move to X-city and buy a home to house hack with a conventional loan do I need to live there for the full year or would I be able to rent out the rooms and move on forward to the next city/assignment? Does the intent of trying to live in the new property meet the requirement? Sorry this question is quite hard to explain, I hope it makes sense in what I'm asking. 

Thank you for reaching out!

Thank you for reaching out, currently reading the Rookie guide on BP. Reading the BRRRR next, but that book will be the runner up. I have heard someone mention that author so will most definitely be getting to it. Do you have a favorite lesson or information you'd want to share? It's amazing how helpful this community is on this forum