These Landlords Pay Up to 22%. Can We Trust Them?
June 28, 2024 at 05:00 AM EDT
I love the economics of real estate. But a landlord I’m not. Please, change your own lightbulb—don’t call me. Enter real estate investment trusts (REITs), which provide us with landlord-style income from the comfort of computers and smartphones. Why are these “virtual fourplex” deals available in convenient ticker form? Thank Congress (no, seriously!) By law , the bulk of a REIT’s income has to be returned to us, the shareholders, in the form of dividends. Even an average REIT is going to pay more than most other sectors, and some REIT dividends can get downright enormous—like the 7.8% to 22.3% yielders I’ll discuss here in a moment.… Read more