Invest in LAND, Cowboy upbringing led to REITs | Andrew Vargas
If you’re desire is to own a piece of land or maybe retail buildings and the like; you can do so by owning a fractional ownership, by investing into REITs. #land #property #reit
For me, I fit in that category where I own a property but I also want to own a large parcel of land or multiple commercial buildings, just that it’s not currently possible but by investing in a REIT I get to benefit by owning a share of it.
A REIT is a real estate investment trusts that own or finance income producing real estate across a range of property types like offices, apartments, warehouses, retail centers, farms and more. More info- https://www.reit.com
Most are pulblicly traded like stocks so they can be highly liquid. Majority of REITs make their income based on collecting rent and in return provides the shareholder dividend income and long term capital appreciation.
From my understanding these REITs have to pay at least 90% of their taxable income to shareholders, and here’s a couple well known reits
Andrew Vargas at Coldwell Banker Realty
Email: andrew@andrewvargas.com
Website: https://www.andrewvargas.com
Cell: 424-253-4096 or 714-371-3692
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