Last night, I wrote the post about staying the course, which focused on buying into the real estate market. One option that I did not mention was another form of real estate investing: Real Estate Investment Trusts (REITs). Investopedia defines REITs as "a security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages."
This is not a bad thing. There are different kinds of REIT or better yet specialty REITs such as those that focus on Hotels, Apartments, Retail Centers, Health Care, Offices, and Shopping Malls. These REITs allow you to buy into an organization that buys and maintains facilities to either lease or sell to qualified operators within the specialty. The REIT gives the investor an option of buying into a larger operation without the headache of day-to-day management and operation. Personally, I will buy and manage the small properties but for the big stuff I would rather have someone else take care of it, so the REIT allows me to get in on the big real estate moves.
If this sounds interesting to you why not Google "Real Estate Investment Trust", do your homework, and when you are ready pull that trigger.
Of course with all financial transactions there are risks. Invest at your own risk.
DISCLAIMER: I do hold a position in a Health Care based REIT.
Let's tag this:
Dave Guerra, Asset, Liability, Real Estate, Economy, Play The Course, Real Estate Investment Trust, REIT
No comments:
Post a Comment