All Forum Posts by: David Schiding

Good luck Ryan...wish I would have been as smart as you out of college.  You are heading down a good path, dont doubt yourself and make it happen.

Great wisdom Thomas, I really appreciate you passing it on.  Best of luck in growing your business!

Thanks Andrew...sounds like what I am looking for....training and networking.  

Looking to invest in Atlanta within the next three months. What is the best REI Club?

There are several ways to invest in Real Estate via the stock market. I invest in Real Estate Investment Trust's (REITs). For a company to get the tax advantages of being a REIT they must payout 90% of their profits as dividends. There are many REITs out there that yield over 10% a year (I am long on NYMT and CIM). It is a way to invest in real estate within a traditional 401k and build up your money by reinvesting the dividends. I think that pales in comparison to the potential return on investments one can get through the methods you can learn throughout Biggerpockets.

   Using NYMT as an example, it currently is trading for ~$8.05 a share and pays a $.27 per share quarterly dividend.  If you invested $25k you would get around 3100 shares.  You would earn ~$838 a quarter and ~$3,353 a year in dividends.  Important note, you do not get the tax benefits of Real Estate ownership but it is not a bad way to invest.