All Forum Posts by: Alina Trigub

@Arta Montero

A lot of good advice here. You should start off by evaluating your long term goals and your current availability to determine how much can you do yourself.

Here's the post to help you out with that: 

https://www.biggerpockets.com/member-blogs/10850/84064-what-type-of-investor-to-be-when-i-grow-up-active-or-passiv

If you need more details, feel free to reach out as I am currently writing a course on the topic. 

Then once you figure out how active or passive you want/can be, you determine what kind of investing is available within the arena selected. 

Opportunities are plentiful, so do your DD and don't rush in. Also remember to educate yourself first prior to jumping into anything. 

Here're a few more articles to help you out: 

https://www.biggerpockets.com/member-blogs/10850/81273-how-to-pay-less-in-taxes

https://www.biggerpockets.com/member-blogs/10850/84063-private-equity-meets-stock-market

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

@Account Closed

It's a bit unclear whether you're planning to buy MHP yourself or invest in it via syndication. When you say "...

I am evaluating some investment types for a passive return ...", do you mean buying MHP yourself? If so, this isn't exactly passive. Of course a lot depends on the condition of the park, location, whether it is POH or TOH, utilities ownership and etc.

Here's an article to give you a general overview: 

https://www.biggerpockets.com/member-blogs/10850/88862-pros-and-cons-of-investing-in-mobile-home-parks

 

@Adam Tahir

As others here mentioned:

- spend some time educating yourself on the MFH investing, 

- attend events (virtual for now), 

- network with other like-minded investors, 

- don't mention how much you have. In fact, I'd take down this post as BP IS social media! 

- don't put all eggs in one basket. In other words, don't invest all you have at once. 

- if you were able to generate a large sum doing something else, consider continuing on that path and potentially investing your funds in real estate passively via syndication or private loans.

Here're a few posts to further your education:


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

https://www.biggerpockets.com/member-blogs/10850/84064-what-type-of-investor-to-be-when-i-grow-up-active-or-passiv

https://www.biggerpockets.com/member-blogs/10850/84063-private-equity-meets-stock-market

@Marina Feldberg 

Your best bet would be to work with a realtor. Draw a circle around the area where you want to live (distance-wise). And then ask realtor to guide you to better school districts. You can and should of course verify the info offered via nj.com, niche.com, greatschools.com and many others.

In addition almost every town has its own parents FB page - those are also pretty good resources to tap into. 

Best of luck!

@Julie N.

Looks like this is your first time posting on BP. Welcome to BP community.

A few comments in regards to your question: GP is not gifted anything, they are offering a split with LPs. LPs are paid pref first. If pref is cumulative, it is carried forward and accumulated. Otherwise, you lose it unless received on an annual basis. Keep in mind the offering itself (PPM) must spell out what investors (LPs) may expect. While it is a lengthy document, it is recommended to review it to understand what you're signing up for.  In terms of returned capital, once a portion of your initial investment returned, you will most likely receive pref (if one is offered) on the remaining capital. As for the promote hurdles, you're correct as these are typically hit at the back end.

I realize you're looking to learn more about syndications. So I'd like to suggest a few books: "It's a whole new business" by Gene Trowbridge and "The hands-off investor" by Brian Burke.

I also would like to share a few articles with you: 

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

https://www.biggerpockets.com/member-blogs/10850/87614-interpreting-the-private-placement-memorandum-ppm

https://www.biggerpockets.com/member-blogs/10850/84063-private-equity-meets-stock-market

@Jacob Merritt

I give a ton of credit for being so courageous and dropping out of college and for deciding so early in life to invest in real estate! 

You have a long road ahead, so planning ahead is important. Save money to be able to invest while doing the learning. In terms of finding what type of RE investing to chose, please read the following article: 

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

@Nathalie Reyes

Filipe Pereira detailed it for you pretty well. Definitely hire an attorney to write an operating agreement for you. 

Also in addition to death, consider if one of the partners becomes ill or incapacited. All of these conditions must be added to the Operating Agreement. 

In addition you should spell out the roles and responsibilities as to who is doing what. Lastly, consider forming TIC (tenancy in common). It's a type of partnership where each person owns their interest as if it were a separate ownership. 

Definitely consult with attorney about all of it as it is not a legal advise, just an opinion.

Best of luck!

@Susan Kim

As @Taylor L. and others mentioned, raising funds is a lengthy and time-consuming process. Defining your target audience and then determining where they spent the most time, will help you find them faster. But building the relationships will still take time. 

Here's a post to help you further: 

https://www.biggerpockets.com/member-blogs/10850/86199-how-to-find-wealthy-investors

@Orvil S.

As you said it yourself, this topic has been hammered to death numerous times on BP. I also answered this question a bunch of times until I decided that it's easier to put my response together via a post: 

https://www.biggerpockets.com/blog/how-to-find-off-market-multifamily-deals

@Jesus Orbea

Many great responses here. The simplest answer is: it depends. A lot depends on where you're at right now personally, financially, what your motivation is, how strong is your why, where do you see yourself down the road. 

Instead of repeating myself, I'll share a few articles I wrote. Hopefully they'll give you some sense of direction: 

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/10850/86621-six-steps-approach-to-getting-started-in-real-estate


https://www.biggerpockets.com/member-blogs/10850/80091-you-cannot-force-a-rain-but-you-can-force-a-property-to-appreciate