All Forum Posts by: Alina Trigub

@THU NGUYEN

You need to figure out what type of SDIRA you're planning/eligible to open first (Checkbook IRA, SDIRA with custodian, solo 401-k...) and then consider providers that offer such option.

We used @Dmitriy Fomichenko and his company Sense Financial. The service was superb, we are very happy. 

@Tim Robinson

I have a few suggestions outside of your immediate questions.

1) instead of concentrating on SFH, consider looking into MFH or other RE strategies. In other words, evaluate what else can be done via distance investing

2) decide whether you want to be passive or active

3) in addition to taking to expats, there are plenty of Canadians and folks from other countries investing in US market that are here on BP. So talk to them as well.

Here're a few posts to help you further:

https://www.biggerpockets.com/member-blogs/10850/87253-should-i-scale-my-investment-from-single-family-homes-to-multifamily

https://www.biggerpockets.com/member-blogs/10850/86626-the-pros-and-cons-of-investing-via-real-estate-syndication

https://www.biggerpockets.com/member-blogs/10850/86621-six-steps-approach-to-getting-started-in-real-estate

@Doug Boyko

What do you have in mind? PM me please if you still have opportunities. 

@Anna Catron

1) Since you said it's not a big deal, I hope it means that you're recovering!

2) If you have an opportunity to use a loan, then go for it. Take out what is allowed as long as you're aware of repayment plans and can follow through on it.

In terms of MFH vs SFH, it is a personal choice. So my choice is MFH, but you need to decide for yourself. Here's my post as to why I chose MFH:

https://www.biggerpockets.com/member-blogs/10850/74895-five-reasons-why-i-chose-to-invest-in-multifamily

@Nick Church

The answer is: it depends... 

1) you should think long term versus short-term solution. Yes maybe in the near future, more people may gravitate towards SFH rentals but it will be temporary if at all will happen because:

a) a lot of folks have lost and continue to lose their jobs, so they have to consider what's affordable

b) apartments offer many more conveniences (granted these aren't available right now), but people like to have access to the: pools, gyms, pet parks and etc...

2) consider geo area where you plan to invest. Do SFHs or apartments prevail there? is new construction of either happening? does it make sense to build more SFH? can tenants afford the rents of SFH vs apartment? who is moving there? what does prevailing population in the area look like?

Once you do your research, you should have a better handle on the next steps.

In general, here're a few articles to give you some guidance on SFH versus MFH:

https://www.biggerpockets.com/member-blogs/10850/87253-should-i-scale-my-investment-from-single-family-homes-to-multifamily

https://www.biggerpockets.com/member-blogs/10850/74895-five-reasons-why-i-chose-to-invest-in-multifamily

@Ian Boulard

Congrats on deciding early on that you want to invest in real estate. Now is a great time to educate yourself to chose the right path down the road. 

Use the Education section of BP to devour what they offer.

Here's also an article that will offer some guidance on choosing a niche of RE investing:

https://www.biggerpockets.com/member-blogs/10850/86621-six-steps-approach-to-getting-started-in-real-estate

Good luck!

@Alejandro Antonio Taylor JR

@Brian Adams gave you an excellent advice on getting a lot more commitments than you need to ensure you have enough capital. Such raises have to be discussed with securities attorney ahead of time to ensure you follow rules and regulations.

Also, if you haven't yet, start establishing and building the relationships with the investors early on, way before you want to bring them on board. This will give enough time to both sides to get to know each other. 

Here's an article to help you find your investors:

https://www.biggerpockets.com/member-blogs/10850/84894-where-can-i-find-investors

@Todd Nagel

As many others suggested, consult with an attorney prior to making any decisions.

Also, decide whether you want your offering to be debt or equity investment or a combination of both.  Depending on the structure you chose, it may imply that you're offering a security which will require using securities attorney to help you set up such fund. 

You should consider 1 to 1 structure as @Greg Dickerson suggested to make it simpler. 

Btw, you haven't shared what your experience is. Typically investors tend to gravitate to the teams that have done the things they are offering and have gone through a cycle of several with their investments. So bringing investors into a deal is an exercise of its own. It takes time and dedication to build the relationships.

Best of luck!

@Alfredo Coria

You have to research a few questions/items first prior to making a decision:

1) what is the land zoned for/may potentially be zoned for?

2) is there a demand for such type of property?

3) what is potential investment?

4) what is ROI?

5) speak with the experts that have done it to see if you can pull it off

6) make decision on the next steps