All Forum Posts by: Adam M.

Unless the government subsidizes the development of affordable housing or payments for lower income earners in mixed income properties the stuff that comes online is usually high end and the high end from 5-10 years before are the new middle income market properties. There is a development facing backlash from local groups over the same ole complaints, crime, property values, etc. here in KC. KC doesn't have nearly the issues of other metros.

http://www.kansascity.com/news/politics-government...

Well I am still taking out student loans is the issue. Likely taking on another 12k for the upcoming year.

@Matt K. Yeah well obviously the Roth IRA is a fixed value per year. Still in school so my student loans are not yet due. Cost of living as far as rent goes I am hoping to solve by buying a duplex as my first home. The only real abstract values is enough income I feel comfortable pursing opportunities I might not of previously. Good thing is that I already have one BS in Finance and will soon finish a second BS in Computer Engineering so crunching numbers shouldn't be an issue.

@Simon Ruiz DM me. Don't want to thread to get off topic

@David Faulkner thanks for the clarity.

@Leslie Pappas Thanks for shamelessly plugging factually misleading information. Only part of the dividend is taxed as OID, 69% of the total income according to the following article. It is dependent on the individual REIT. Also how many people on this website are in the top tax bracket? Federally that is 400k+ per year. I don't know the OP but I would guess that they are likely not in the top tax bracket if they are looking to buy their first rental property. So fear mongering with the high tax rate in order to benefit yourself is a bit unnecessary.

http://twenty-first.com/pdf/How_REIT_Dividends_Are...

@David Faulkner thanks for the info. What do you mean by "tap the principal?" 

Ability to focus my time and energy on whatever endeavors I choose whether it is work, real estate, or something else. Which is the last goal. Just thought it is important to have a baseline budget determined so I know what I need to get to.

@Simon Ruiz interesting site I've never seen it and will have to give it a look. On another note I'd at NYMT as a ticker to track (found it looking at the Capital Cube link for ARI). $6/share and 10%+ dividend yield. Almost no equity upside but if you are spinning that income into something like SPY which would be my strategy.

Good websites are

www.dividend.com - Pretty self explanatory

www.seekingalpha.com - Very good site for analysis. Downside is that some people post basically op-ed type articles vs fundamental analysis.

www.capitalcube.com - Fundamental analysis. Has some awesome analysis of REITs as far as dividend quality

For REITs I always google "XYZ dividend quality" and it brings up a capital cube article on that specific REIT

http://www.capitalcube.com/blog/index.php/apollo-c...

@Simon Ruiz yeah it is generally good practice to have dividend paying assets in a tax advantageous account and I absolutely plan on doing that for some amount of my retirement. But at the end of the day having cash now in the event of an unexpected expense or not being stuck in a situation where I hate my job but have to keep it to pay the bills is more important to me and that is why I'd like to have some cash generating assets even if they are taxable. Also should note that the tax rate of dividends if you have owned the share long enough is only 15% for most people and 20% if you get up into the higher tax brackets.

http://www.investopedia.com/terms/q/qualifieddivid...