Equity REITs (not mortgage REITS) are truly great though and have returned 1.5-2.0% more than SP500 over last 20/25/50 years in multiple retrospective studies, and are a great value purchase right now due to being beaten down by fast FED rate rise last 2 yrs, however to get best tax benefits, buy them only within a tax advantaged account like 401k/IRA etc as the big dividends are taxed very high at earned income rates.Good luck, wishing you and wife all the best on your investing journey :)               ps don't ever keep cash at a bank, park in your brokerage account and buy USFR, a wisdom tree ETF, pays 5.39% interest, holds only 8 week US treasury floating rate notes, so you don't need to worry about FDIC or SPIC insurance as only way US govt doesn't pay is if we get nuked, then you won't much care about cash yields, just non-radioactive water. 

Hello BP Community,

Sort of an odd question here, I am trying to build my top referral network, and currently have a nice sized list. I want to send all the brokers/agents on the list a form of "copy" or content th...

Now I look at properties like a chess game, which one offers me the most opportunity long term (adding value via renovation, build additional units if the lot size allows, renting garages as storage units etc). 

Purchased a home during the pandemic, value has gone up roughly 2.5(estimating), believe i have enough value in a HELOC to get a down payment on a second home.. is it a wise decision to add that to my plate then rent the first house for mortgage payment+?

Value was added through unit rehab and amenities, with more improvements planned.

Correctly implemented, the resulting property value would exceed 200k, but I am looking to keep the building in the family. 

I'm a bit more of a fan of San Antonio and think you may be able to capture some value in Austin as the residential growth expands there, tech starts fleeing back to Cali and can get in before a second wave of interest.With that said, I have a lot of properties in Houston.

The market data is just a useful tool to see what other properties are trading for, and what you might get on an eventual sale, if you're doing a value add transaction.

Paid cash How did you add value to the deal?

How did you add value to the deal?