4 ms·
Have you considered REITs?
by fludlight 9y ago
Have you considered REITs?
- xchaotic 9y agoI have looked at a few, the fees and the opaque structure scared me away. I would like the control, of being able to sell my share on the open market at any point (at close to face value, obviously) and being able to benefit from a proportion of rental income where ROI < 20 years.
- fludlight 9y agoAvoid the private REITs and buy one that's publicly traded. Also avoid mortgage REITs, those lend money (vs owning buildings). Here's a simple screen for office REITs with a market cap over $300m on the NYSE (note that there are other types residential/retail/medical/etc under the "industry" filter): https://finviz.com/screener.ashx?v=111&f=cap_smallover,exch_nyse,ind_reitoffice&o=-marketcap https://finviz.com/screener.ashx?v=111&f=cap_smallover,exch_...
- jonknee 9y agoHow are REITs opaque? You can find out exactly what they own and there is no easier way to get get in and out of a property investment than through a REIT, especially larger ones.