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All Forum Posts by: Christine Prelaz

Christine Prelaz has started 7 posts and replied 23 times.

Post: Self directed IRA

Christine PrelazPosted
  • Denver, CO
  • Posts 26
  • Votes 4

I am currently looking at various companies for SDIRA as well.  For what it is worth, I happened to come across this SEC litigation article re: Equity, assuming it is true:  https://www.sec.gov/litigation/admin/2015/33-9807....

I have read a number of posts from BP regard Equity - some good, some not so I put them in my mix until I saw that article - made me a good bit leary.

Interested in feedback on Nudge too.  Thanks for those who posted already

Post: Franchises

Christine PrelazPosted
  • Denver, CO
  • Posts 26
  • Votes 4

I am considering a franchise as well and looking at how I can use or incorporate real estate strategies within this business concept.  This could be anywhere from a fix and flip to help finance the start up cost (as a repayment to self since I do have the startup monies available now), or a buy and hold to help supplement income while things are getting going or possibly owning the commercial space (although this may be too risky for me just starting out)

The business would only need 2-4 employees to start.  I would plan to be hands on fully until it gets going, then hopefully be able to step back as part time in management/development role.

Any feedback appreciated and Phillip if you want to connect to discuss, let me know

Christine

Thanks Tiger (cool name by the way)

I will give you a shout between tomorrow and Monday.  Looking forward to chatting with you.

Christine (Chris)

Joe - that would be great.  I will be talking with some of my partners to discuss more of the specifics in the next day or 2; in general, 20+ units, B/C class

Thanks!

Hi, I am in the process researching the Las Vegas & Tampa/Clearwater areas for multifamily units and would like to know if there are any brokers, property managers, lenders  and/or appraisers that would be willing to speak via phone for some questions about the area.

Or - if you know anyone you could refer me to, that would be great also.

Thanks!

Christine (Chris)

Dennis, 

I did not think to mention that this is not a full tour of the property that is scheduled - ie I will not be going in to all of the units at this meeting as I know that is more involved.  They are currently doing some remodeling on the house that is included in the listing which is not occupied, so we were just going to meet there so I can get more information and a initial look at the property.

Hope that helps to clarify somewhat.

Thanks Paul!  I appreciate any clinical pearls I can glean from more experienced investors.  

Thanks Dennis - I appreciate your help and your point is well taken and not without consideration.

I am currently actively learning but certainly have a long way to go by my own recognition.  I just happened to see this property as I was driving by and decided to call - which I could not do and wonder about, or at least see if it is something to consider as it is something I am interested in for my portfolio.  I do have some analysis forms and some very basic numbers from the seller already etc but really felt I could use direct suggestions/advice.  Once I get further information, I can decide on the next step, if any.

Thanks again for your suggestions - they were helpful

Hello, I am going to look at a property today that is a 6 unit complex - 1 4BR/2B house and 5 apts.  Seller carry offer.   This would be my first potential property.  What questions/information should I get from the seller to be able to analyze this property.  I have a few basic figures but need to know what I should be getting from him and also what I need to look at when I go look at the property.  Any advice appreciated!