The benefits of REITs - Brad Heavey #5379

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)