Discussion
Working through the 2026 setup and I can't square two things I've read. The pitch is that REIT valuations sit near historic discounts to both broader equities and private real est…
Loss
I wanted the boring version that works, so in 2022 I put 85k into a broad equity REIT index fund inside a taxable account and told myself I'd hold ten years. I sold in the middle…
Discussion
Went through four REIT annual reports this month and came out with a sequencing problem I can't settle. One order says sector first. The chapter for this room is blunt about it, s…
Discussion
I've got a brokerage account open and about six months of savings I want to put toward real estate exposure without buying a building. The two paths I keep circling are a broad RE…
Discussion
Studying for my license now and most of the material is about representing buyers and sellers. Nothing in it touches REITs, which made me wonder whether buying them for my own acc…
From the desk:
I have four small rentals and I'm tired of every dollar I save going into something that needs a roof. So I've got about 40k sitting in a Roth IRA in a money market fund earning v…
Discussion
I've been building a watchlist and I put a few things on it that I now suspect aren't REITs at all. One is a homebuilder, one is a company that manages apartments for other owners…
Discussion
I've spent a while trying to pick between buying a small rental and building a REIT position, and I've started to suspect that's a badly formed question. Either they're two routes…
Discussion
I'm stuck on the front end of this. I opened the screener, typed REIT, and got both single companies and funds that hold dozens of them. Someone told me the ETF is the only sensib…
Loss
The screener said 9.4% and that was the entire reason I bought it. I had $12,000 sitting in a taxable brokerage account after a car sale fell through, and I wanted the money doing…
Discussion
My land holdings produce no income and I'm fine with that, the whole point was appreciation and patience. So when I look at REITs I have to decide what job they're doing in the po…
Discussion
My little service business has some cash sitting there doing nothing useful. Everyone I ask about real estate starts talking about down payments and I don't have 60 thousand dolla…
From the desk:
Been rotating 90k of a taxable account into REITs since spring and I've made a mess of the data center piece specifically. What I did: bought a position in one large data center n…
Discussion
The convergence argument shows up everywhere: public REITs trading at a discount to both broader equities and to private real estate marks, with the private gap described as the l…
From the desk:
My real estate is land. Roughly 60 acres held long, some of it leased for hay at a number that barely covers taxes, and a smaller parcel I expect to be worth something when the gr…
Discussion
Land and long holds are what I know. Somebody at a meeting said I should hold some REITs for liquidity since my land does nothing for years at a time, and I nodded like I understo…
Discussion
I read filings before I read prices, so I came into REITs through the wrong door. What I actually look for in a 10-K is the table of debt maturities by year, the weighted average…
Discussion
I read everything twice and I've read the supply argument about four times now. New deliveries in apartments, industrial, self-storage and senior housing are forecast to drop shar…
Discussion
The convergence argument for 2026 into 2027 is fairly clean. REIT valuations sit near historic discounts to both broad equities and to private real estate, the private gap being t…
Discussion
Just started looking at this stuff. Two things tripped me up in the same afternoon. First, I pulled up a REIT and its price-to-earnings number looked insane compared to normal sto…