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