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Updated over 4 years ago on . Most recent reply

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21
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Brennan Thomas
  • New to Real Estate
  • Canton, OH
10
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21
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Looking to get into REITs, any tips?

Brennan Thomas
  • New to Real Estate
  • Canton, OH
Posted

So I’m new to investing, and do not have a ton of money saved up to go out and buy up some rentals which was my original goal. Considering getting into REITs to have some money flow to use at some point towards other RE investing goals.

Any tips, pointers, pros cons?

Most Popular Reply

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied
Originally posted by @Brennan Thomas:

So I’m new to investing, and do not have a ton of money saved up to go out and buy up some rentals which was my original goal. Considering getting into REITs to have some money flow to use at some point towards other RE investing goals.

Any tips, pointers, pros cons?

REITS have performed well over the last 10 years but several are in serious trouble right now especially office and retail so you need to be careful and do your homework. Housing, mobile home parks, self storage and industrial are good bets moving forward but you definitely want to steer clear of office and retail REITS

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