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Some ways are better than others depending on your financial situation and goals.
While I’m not a fan of real estate investing, I do believe that if you’re going to do it, you should understand your options.
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REITs, or real estate investment trusts, are a good choice if you want to get involved with real estate investing but don’t want to make the huge commitment of purchasing a property. They’re a collection of properties operated by a company (aka a trust) that leverages money from individual investors to buy and develop real estate.
And investors get paid in dividends with REITs just like any other fund.
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You can find the binge-watch session and it occurred to you, “Hey, I can do this too!
” By purchasing a house or other piece of property and then renovating and selling it (i.e., “flipping” a property), you can flex your creative and business muscle at the same time…
And you, too, can be one of those individual investors.
REITs can focus on a variety of different industries both domestically and internationally, and you can invest in REITs that invest in apartments, business buildings, or even healthcare facilities.