REITs: You Can Own Skyscrapers, Too!
The takeaway: Real Estate Investment Trusts (REITs) let you own commercial real estate. You don’t have to be a real estate mogul to play with the big “boys.” $$$ Fifty-five years ago, my parents purchased their dream home for $63,000. Today that house sells for $800,000. That’s a return rate of 5% a year. During this … [Read more…]