This entry treats public REITs from the capital-deployment angle: an allocator deploying capital into exchange-traded REITs as a deliberate, liquid real estate strategy to earn returns from REIT dividends and share-price appreciation.
Log in to followWriting this down because I made the mistake that everyone warns about and I want to be specific about how it actually felt from the inside. I put 26k into a single REIT last year…
My REIT sleeve paid about $1,900 last quarter across five positions, and the brokerage had reinvestment switched on by default for all of them. I turned it off to think and now th…
Closed out the first full cycle of something I set up deliberately, so here's what actually happened. Setup: 140k allocated to a public REIT sleeve, deployed in four tranches over…
I have 25k earmarked for a first real estate position and a spreadsheet with nine tickers across industrial, data centers, residential and net lease. Columns for yield, price to F…
I have a target allocation of about 12% to listed real estate and roughly $400k to move into it. My default is a slow build, equal tranches over eight quarters, because I do not t…
First deal money is at 19k and needs to be around 45k. That's another two years at my savings rate, and the whole time I've been reading about buildings I can't buy. So I put 3k i…
I spent years pricing buildings by what it costs to put them up, so the valuation side of this is where I'm slowest. I ran one industrial name three ways last week and got three d…
I have a list of nine names and a broad index fund written on the same page and I keep switching which one is underlined. Not buying yet. The tilt argument is straightforward. Sup…
I'm building a written allocation for the first time and I've hit a question I can't reason my way out of. If I count the REIT sleeve as real estate, then between the sleeve and t…
Everything I read frames the REIT-to-private valuation gap as a reason to deploy into listed. My underwriting keeps producing the other resolution. Concretely: my private open-end…
Five years into running the service business and I finally have 60k that isn't reserve money. I don't want to buy a rental, I've watched enough of my clients deal with tenants. So…