All Forum Posts by: Alina Trigub

More details and to register, please go to: 

https://www.meetup.com/The-Power-of-Passive-Investing-NJ/events/271022667/

@Elizabeth A Shatzkin

Residential multi-s (up to four units) are evaluated identically to SFH. You should also look into using BP calculator for such. Make sure you have realistic rent comps from compatible properties nearby.

@Peak Deshawne

Welcome to BP community! 

You have several options the way I see it:

1) Ask for seller financing on anything beyond what you can afford

2) Bring money partners with you

3) HML or private lender

4) Is $100k all of the potential equity in your other properties? or can you raise more?

5) Is HELOC potentially a better option in some cases?

6) Perhaps you could wait a bit longer until you generate more cash.

7) If the seller became mentor and a friend, then be transparent with him and ask for his advice in your situation. 

@Taneisha Phillips

Welcome to BP family! I recommend you join and attend a few local REI groups. I'm sure some if not all are available virtually these days. You can find them via meetup or evenbrite sites. While you're learning, building your team, searching for a property, networking with like-minded investors is essential!

Best of luck!

@Rob Scarry

All of the deals you mentioned involve some level of risk. It is a personal matter as to how much risk you're comfortable with. If your and your wife's preference is to be less involved, consider more passive investments such as TK, lending or syndications. 

Here're a few write ups for you:

https://www.biggerpockets.com/member-blogs/10850/85836-should-i-buy-a-turn-key-property-or-invest-in-a-syndication

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

@Mary Seo

Most people switched to virtual networking. We for example host a virtual meetup, and I know many others do. You can find plenty via meetup site. 

@Malcom Flenoury

Depends on what you're planning to do from REI standpoint. You need to figure out your niche first. Then learn all about it and take action. Build your credibility and track record while networking with other investors. This will allow you to build your experience and track record at the same time. If you want to accelerate your progress and partner up with others, then you need to be able to bring something to the table. E.g. experience, funds, a deal, something else that has a value.

Best of luck!

@Michael Kammer

Welcome to BP and congrats on deciding what your niche is going to be! 

Spend some time educating yourself through books and podcasts. The two good books to start with are of David Lindahl. Once you read those, I can recommend a bunch more or IM me for my library link. 

@Ki Lee

Create a management LLC and use it for this and future properties that you hopefully can buy together. Definitely consult tax attorney for best way to structure it.

@Lloyd Silver

Sometimes the best deals are the ones that no one else wants!