There are multiple benefits investing REIT which stands for real estate investment trust.
The main reason I am invested in real estate investment trust, is because real estate is a very secure investment. Why do I say this, it is because real estate has been around since the caveman. The cave was there shelter from the elements of nature.
The rates that I am invested in, are hotels, motels, vacation homes, residential, commercial, shopping malls, strip malls, retirement homes, and storage lockers.
Those are some pretty secure investments, and I think they will be around for a very long time.
People have been noticing for quite some time now that condominiums and apartment complexes are sprouting up like weeds. Developers are building huge Complexes of Apartments and living quarters for people young and old.
The young need a place to live, when they move out of their parents houses, and the elderly need a place to live on their way out. Sad but true. People will eventually pass, but in the interim they need a place to live. They do this at senior living centers and retirement homes.
Another element of real estate is healthcare facilities. As people grow older, they need to have a place to stay and be taken care of. This is not an inexpensive necessity. It’s actually quite expensive, which is what makes it a good investment. The money is there.
If you are interested in investing in REITs , please feel free to give me a call, and I will share with you what I know.