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Updated over 5 years ago on . Most recent reply
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Investing in REITS ???
Can some one tell me what a REIT is? And explain how investing I this works?
Most Popular Reply
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Real Estate Investment Trust. It is similar to buying a Mutual Fund, but the assets inside the REIT are real estate based. I would rather own the properties and obtain the 5 different returns owning real estate will give you that a REIT or any other traditional financial product can give you. Those returns are?
1) Cash on Cash
2) Tax breaks
3) Appreciation
4) Mortgage pay down
5) Hedge against inflation
- Alex Craig
- 901-848-9028