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 followThis is a loss on process more than on money, and the process error is the interesting part. Last year I built a deployment plan around the gap between public REIT valuations and…
Small loss but a clean one, so it's worth writing down. I had about 18k in a broad REIT fund, sitting there as the liquid part of my portfolio. The whole reason I chose a public R…
Got offered an allocation in a private open-ended real estate fund. 100k minimum, quarterly redemption with gate language that let them suspend, marks published quarterly by the m…
I've asked a lot of embarrassing questions in this room and here's what came out of it. I had 9,000 to put somewhere and no idea what I was doing. I spent most of last year readin…
48k had been sitting in a money market since I closed an old business account, and I wanted it in REITs without doing the thing where I dump it all in on the day I feel confident.…
Small 6 unit came up two blocks from a building I already own. Asking 720k, in-place NOI 41k, so 5.7 percent before I put a dollar into it. It needed roofs on both structures and…
The thing I liked about public REITs was that I could act. Direct property takes months to buy and months to sell, and a REIT takes a click. So I built a 40k sleeve and used the l…
I wanted income without a second job, so 55k went into three REITs picked for yield and sector spread. Residential, net lease retail, and a healthcare name. Blended yield at purch…
Writing 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…
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…
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…