All Forum Posts by: Starr Ango

I am doing my business plan and would like to know what you think about my strategy  for getting our first 3 real estate properties.

We would like to move in to a multi family ( we would rent out the other side, so we can live rent free). We would then buy a inner city home from the auction and use the home equity line of credit to put a down payment on a multi family home in a more desirable location. 

Is it hard  get a home equity line of credit from a home bought at the auction?

Should we look at homes from Hud or Foreclosures to make this strategy work?

Any help would be great.

@George Paiva Does the checklist you provided apply to every multi family home?

@Joe Bertolino Thank you. I did not do this before but I just requested this information.

@Joel Owens I will contact the franchise director asap. Why is it not a good idea to contact the manager for the owners information?

@Joel Owens I am sorry Joe for not making myself clear from the start. I have someone who wants to buy a existing Tim Horton's  franchise. I have agreed to help them find a franchise owner who would like to sell. 

I hope that is clear ;)

@joe 

@Joe Bertolino Hello Joe,

 I have a investor that is looking to buy a existing Tim Horton's and they would like for me to find a seller who is welling to sell  their existing store. I am having a hard time connecting with the franchise owner? The taxes are listed in the franchise name . Do you have any suggestions?

@Joel 

@Joel Owens Thank you. The investor is very hands on and he would like to own a Tim Hortons. He would like to purchase a existing one. I am trying yo find the best way to get the contact information to the owners of the franchise ( besides cold calling the store) Do you have any suggestions?

@Joel Owens Hello I came across your post and it was very helpful. I would like to know if There is there a formula for analyzing a franchise for resale? I am currently looking at a Tim Hortons or a Dollar General? Do you recommend any tools for this such as the BP calculator ?

I would like to know is there a formula for analyzing a franchise for resale? I am currently looking at a Tim Hortons or a Dollar General?

@Luis Lopez Than you for your input it really did help.