All Forum Posts by: Nicholas Myler

A real estate investment trust (REIT) is a company that owns, operates or finances income-generating properties. They allow individuals to invest in large-scale real estate by selling shares of their company. Properties in a REIT portfolio can range from apartment complexes to health care facilities, hotels, shopping malls, and office buildings. The different real estate classes each REIT invests in lets you diversify your holdings.

Unlike other real estate companies, a REIT does not develop properties to resell them. Instead, they buy and develop properties to function as part of their own investment portfolio. The company will lease space and collect rent on the properties, then distribute the income to shareholders.

Some REITs are traded publicly and listed on a major stock exchange. Others are non-traded, and shares can be bought through a broker that participates in the company’s offering. They can be a great investment because they offer the income potential provided by real estate and the liquidity of stocks!

REITs can be a great option for investors who want to get into real estate investing without having to purchase a property. 

This is a very good question. It is important to write out the liability of light bulbs in the contract. If not the typical approach is that the renter will be responsible for replacing light bulbs inside the apartment and the landlord will be responsible for light bulbs in common areas.

Are very small amounts down on property investment worth your time and hassle? Sometimes I feel like stringing together some little wins will help encourage and grow some confidence in investing in real estate as opposed to not even trying. I'm searching for an online stage that lets you open the advantages of flipping homes or owning investment properties, without the downsides. With little money down, is there a way I can invest in an arrangement of properties that produce predictable quarterly income and upside potential? Any ideas... 

Despite the fact that February 2020 has just 29 days, the calculation to decide customized lease is equivalent to if there were 29, 30 or 31 days.

HELOC is a smart way to go. When I was looking to refi a few months ago, I wasn't satisfied with all the red tape, added costs, and rates of my bank, so I kept exploring. I came across a company called TellusApp from a friend. It ended up being exactly what I was looking for in options in refi and HELOC. I also invested in other great opportunities on their platform with great returns. It might be a great option for someone looking for a refi or pursuing HELOC. https://www.tellusapp.com/invest/

Make sure to record the condition of the device when it is found. I agree with John's opinion about hiring handymen and floor people alone. Floor personnel may provide you with some sort of installation warranty.

I agree with others and add that it may be time to get another CPA. There is almost no “secret” in accounting, and most accounting firms do not use “creative” financing because it becomes very expensive when the US Internal Revenue Service decides to participate. Their clients have to issue years of tax returns and Pay a fine.

Congratulations on your first multi-family! You can ask them to sign a lease from one month to one month. In California, you must notify 30 days in advance that you are terminating the lease. Your state may vary. If you think they are suitable, you can also provide them with new units.

You can contact their employer and research the company online. 

I am not in Texas, so I am not sure about the specific laws of your state. But usually you can't discriminate against service animals or tell applicants that you don't accept them. They are not pets, so you can't charge extra. You can collect damages through service animals.