Jan 12, 2022
Summary:
Brad Heavey, an experienced real estate investor, comes on the show
to talk about REITs (Real Estate Investment Trusts). REITs are
particularly beneficial because they provide a stabilized income
stream. There are many categories of these trusts that all have
different qualities and advantages, and a REIT with a diverse
portfolio of properties is worth exploring, as it could have decent
yields. These are low-risk areas to invest in, but they require
research to find out what companies are stable and worth investing
in. Tune in to hear more about how you can invest in REITs, and
some of the best tips for entering this sector.
Highlights:
-A lot of people have decided to invest in REITs (Real Estate
Investment Trusts)
-When Brad Heavey became an appraiser, his niche was appraising
multi-million dollar homes
-As a landlord, collecting rent from a tenant can present issues.
The upside of being a landlord is real estate appreciation
-The benefits of REITs are that you have a stabilized income
stream.
-As an investor, it’s best to avoid the REIT categories that you
don’t have a lot of knowledge on
-A REIT that has a diverse portfolio of properties is one that is
worth looking into further
-It’s important to analyze how stable a company is
-Real estate is based on income and how solid that income is. This
is why REITs are advantageous
-The pandemic has made people think about how we can protect our
future financial position and start taking steps today
-REITs are a low risk area to invest in, but you have to do your
research
-Many REITs have gotten a free ride because rates are so low, but
things could be subject to change if rates start to go up
rapidly
Useful Links:
Financial Survival Network
Your Future Financial Life (under construction)