昔ながらの方法で不動産に投資するのは難しいです。多くの投資家は頭金のために十分な追加のお金を持っていません。そして、たとえ彼らがそうしたとしても、そのお金のすべてを単一の財産に結びつけることは彼らに一時停止を与えるかもしれません。
このような状況にある場合、問題の解決策は、「REIT」とも呼ばれる不動産投資信託である可能性があります。 REITはインデックスファンドのように機能しますが、実際の不動産物件向けです。 Nareitによると、約1億4500万のアメリカの世帯（44％）がREITに投資しています。
それは両方の長所を兼ね備えています。不動産市場での高収益の可能性ですが、誰もが手に入れることができるレベルです。この不動産投資オプションの詳細については、読み続けてください。
REITは不動産市場で高い利益を得る可能性がありますが、誰もが余裕のあるレベルです。
REITは不動産のインデックスファンドの一種と考えることができます。 REITは、不動産に投資し、人々が株式を購入できるようにするファンドです。株式市場のファンドと同じように、配当を獲得し、いつでも（願わくば）利益を得るために株式を売買することができます。
ただし、他の種類のファンドと比較して、REITに適用されるいくつかの特別なルールがあります。たとえば、REITには少なくとも100人の株主がいて、取締役会または評議員会によって管理され、資金の少なくとも75％を何らかの不動産に投資し、その収入の少なくとも90％を配当として株主に支払う必要があります。 。
REITも人気商品です。その理由を理解するには、米国株式市場で上場されているすべてのREITに投資するREITファンドであるFTSE Nareit AllREITsファンドを確認すると便利です。このファンドの利回り配当は、S＆P 500の1.8％に対して、4.3％です。また、S＆P 500の6.3％に対して、20年間のリターンは9.5％と高くなっています。
ただし、FTSE Nareit AllREITsファンドは です。 今年は大幅に減少しました。実際、17％です。
これは、REITの主な欠点の1つであり、非常に不安定です。それらは一般的に少量でポートフォリオに追加するのに適していますが、特にそのお金が必要になる可能性がある時期に近づいている場合は、それらに多額の投資をしたくないでしょう。
お金による広告。このad.Adをクリックすると、報酬が支払われる場合があります。
ポートフォリオの一部を不動産投資信託に割り当てることは確実な動きです。REITはすべての投資家に貴重な不動産を所有する機会を提供し、配当ベースの収入とトータルリターンにアクセスする機会を提供し、コミュニティの成長、繁栄、活性化を支援します。今日から投資を開始するには、以下をクリックしてください！ Start Investing TodayADVERTISEMENT Currently, there are around 1,100 REITs in the U.S., with about 225 of them available on the publicly-traded markets. That’s a lot of REITs, and as you might expect, there are almost as many types of REITs available as there are ways to invest directly in real estate.
Some of these categories overlap with each other. For example, an REIT that specializes in office buildings and a REIT that specializes in apartments both fall under the same umbrella:equity REITs. Let’s sort out some of these categories next.
Equity REITs are what most people think of when they think of REITs. These are funds that focus on purchasing income-producing properties like retail stores, house rentals, and more. In this way, they’re more akin to people who purchase buy-and-hold real estate, and bank on the value of the rental increasing and steady income from rent each month.
Some REITs focus on the actual lending of money — i.e., the mortgages themselves, rather than the properties they buy. Mortgage REITs might invest in mortgages directly, or focus on mortgage-backed securities (yes, the very same from the famed Great Recession).
Most REITs fall under the umbrella categories of either equity REITs or mortgage REITs. Hybrid REITs, however, invest both:buying actual properties, and funding the mortgages that other people use to buy other properties, too.
Another way to parse out REITs is by certain industries. Each of these REITs also falls under the equity, mortgage, or hybrid umbrellas. For example, a residential REIT can specialize in buying homes and apartments, providing the mortgages for other people to buy them, or both.
Here are some of the most common sector-based REITs:
The advantage of sector-based REITs is that if you’re savvy, you can key in on trends that affect certain parts of the real estate industry. You might have a hankering that there’s something big going on in the office building vs. residential market, for example, and that might affect your investment decisions.
There’s a reason REITs are considered separate investments from the usual breakdown of stocks vs. bonds. Here are some considerations, before you invest in a REIT.
| REIT Pros | REIT Cons |
| Highly liquidEasy to get startedPotential for high returnsEasy to diversify your portfolio | High volatilityManagement feesDividends are taxed as ordinary income |
There’s a lot to like about REITs. Let’s look at each of these more closely.
If you buy a real estate property, you might find yourself in the unlucky position of not being able to sell it later. And even if it is a hot seller’s market, there’s a lot of time, hassle, and money you have to spend to turn that property into cash in your bank account.
But with REITs, you can just click a few buttons to sell your shares and get done with it. No realtors, no title companies, fewer hassle.
REITs are infinitely more affordable than buying an entire property. A single share of VNQ (an ETF version of a REIT offered by Vanguard) is just $86 as of this writing, for example.
On the other hand, if you were to buy real estate, you’d need a lot of cash up-front. If you bought a home in the Seattle marketplace with an average value of $784,000, for example, you’d need a down payment of $157,000 if you used a conventional mortgage with no PMI.
Not exactly obtainable for the average investor.
REITs offer the potential for some pretty impressive returns. For example, VNQ has shown returns as high as 30% in some years. Imagine earning a 30% APY from your bank account — that’d be quite the cause for celebration.
Since REITs are so easy to handle, it’s also easy to add them into your portfolio mix and keep them at whatever percentage you want. You can even automate it entirely by buying REITs within a robo-advisor platform.
For example, let’s say you want to keep real estate to just 5% of your portfolio. If we use the same example from Seattle above with an average home value of $784,000, you’d need at least $15.7 million more in your portfolio to keep it to that target 5% mark.
Again, not quite so obtainable for the average bear.
So, why doesn’t everyone invest all in REITs, all the time? They do have some downsides.
It’s true that Vanguard’s VNQ REIT has offered returns as high as 30% in some years. But it’s also true that REITs can go down in value — and sometimes spectacularly so. During the 2008 real estate crash, for example, this same fund offered returns of negative 37%. That’s not exactly something you want to see if you’re right on the verge of retiring, for example.
If you’re a DIY real estate investor, you can control a lot of the costs yourself. You can even get up in the middle of the night to fix a flooding toilet, if you don’t want to spring for property management services, after all.
But if you invest in a REIT, there will be costs in the form of an expense ratio and possibly trading fees. These don’t have to be high (VNQ has an expense ratio of 0.12%), but they’re a cost you’ll have to pay if you’re not a DIY real estate investor.
Many types of investments pay out qualified dividends , which are taxed at a lower capital gains rate. But REIT dividends aren’t considered “qualified,” and so they’re generally taxed at your marginal tax rate as ordinary income (like from your job), and this can be a lot higher than the capital gains rate.
REITs are just like any other investment type. They’re a tool, and whether they’re a good tool for you depends on your situation.
If you’re looking for an easy and affordable way to invest in real estate without jumping in headfirst to the DIY real estate investing world, REITs can be a good option for you. They’re also a good choice if you’re just getting started and you don’t have millions (or even thousands) to invest in real estate just yet.
But if you think you’d enjoy a more hands-on approach and you’re not afraid of devoting a lot of time and money (and headaches) to the cause, investing more directly in real estate might be in the cards for you.
Remember, there’s no wrong answer here. Only what you (and/or your financial advisor) determines is best.
