Saturday, June 30, 2007

Investing in a real estate investment trust(REIT)

If you don’t want to be a
landlord, you might consider option
number three: investing in real estate through a REIT (real
estate investment trust). REITs are diversified real estate
investment companies that purchase and manage rental real
estate for investors. A typical REIT invests in different types
of property, such as shopping centers, apartments, and other
rental buildings. You can invest in REITs either through purchasing
them directly on the major stock exchanges or
through a real estate mutual fund that invests in numerous
REITs.

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