All Forum Posts by: Alina Trigub

@Charlie Haa

Now is a great time to educate yourself. Study various investment vehicles and asset classes to decide what is best in your specific case. By the time the bargains start showing up you will be ready to buy!

Here're a few posts to get your education started:

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

Reach out if you have further questions.

@Biraj Patel

I'm sorry about your loss!

Now in terms of real estate, I think you need to step back and evaluate a few things: how much time you have, how much time you can devote to real estate, what is your skills set, and what type of RE investing it can be applied to. 

Here's an article that will guide you further:

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

If you think you will need further guidance, feel free to PM me.

@Derek G.

There're no more typical since COVID-19 happened, especially for hospitality or retail. But even those differ from location to location as @Jaysen Medhurst stated.

@Steven Chen

1) Congrats on your success

2) I wouldn't post anything specific about personal financial situation on a public forum

3) Consider speaking with a RE-savvy CPA prior to taking any action. @Basit Siddiqi gave you a few really good points already! 

4) It's not clear from your post whether these $800 are realized or unrealized gain (2020 isn't over yet, so how do you know it's realized?!) 

5) you need something to live off, right?

6) diversification and education are the two primary keys - concentrate on both: educating yourself and diversifying your portfolio.

Best of luck!

@Peter Oh

As others mentioned, the devil is in the details. You need to find the Operating Agreement, or ask your operator for a copy if you cannot find it. Review the OA in full. If you're having trouble following it (as it is typically full of legal jargon), consider hiring an attorney to explain to you what it entails. 

FYI.. reviewing OA doesn't have to be done by securities attorney. If you need one, feel free to PM. 

Best!

@Sali Armstrong

Are there any big box facilities in the area? If so, how are they performing? What is the vacancy? How are they dealing with COVID-19? Look at the stats. When finally allowed, visit some of them. 

In terms of the facility size, a lot depends on where it's located and what's nearby. The boutique ones that @Ann Shanley has mentioned from what I've seen generally do better if located on a busier road while being an SFH on a residential block. But again it'll differ from one area to another.

@Max Fesser

A lot of very good advice already. If you plan to bring passive investors into the projects, then you need to educate yourself on syndications. There're books: "best ever syndication book", "It's a whole new business", etc.. There're numerous podcasts on the topics with a ton of great guests. Listen in and connect with some of the folks that're being interviewed to network with them.  I also recommend speaking with a few securities attorneys once you get a handle on the terms before you share anything with investors to ensure full compliance with SEC regulations. 

Here're a few articles to get you started: 

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

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

@Daniel Lozowy

As many people noted here including @Derek Carroll, the returns are not created equal. I'll tell you even more: the same IRR can be achieved via two completely different methods. (You most likely already know that as a finance major:)! )

So in order to compare the two offerings you need to evaluate the picture in its entirety. Hence reviewing both: qualitative and quantitative components of an offering is a must. You have to look at ROI, CoC, projections, underwriting, overall strategy, assumptions, etc...

Bottom line, now is a great time to educate yourself if you plan on investing in syndications, so that when the time finally comes, you can pull the trigger.

Also, I happen to notice you're located in Canada. FYI... not all syndications accept foreign investors. And there are tax implications to that. So ideally you want to ensure you have a CPA (I believe Canadians use the same acronym although it stands for something slightly different) that is well versed in CA and USA real estate tax laws. 

My best!

@Todd Nurnberger

@Brian Eastman did an excellent and detailed explanation of the potential UBIT hits for SDIRA's! 

If you're looking for CPA's in the space, @Bernard Reisz happens to be in the SDIRA space and CPA at the same time. :)