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Updated over 11 years ago on . Most recent reply

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31
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Alex Smotherman
  • austin, TX
1
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31
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REIT

Alex Smotherman
  • austin, TX
Posted

I have been reading a lot about REIT investments. I just want to know if it is a good place to start, and if its something i can purchase online or have to do it in person

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488
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Danny Day
  • Rental Property Investor
  • Houston, TX
121
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488
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Danny Day
  • Rental Property Investor
  • Houston, TX
Replied

Investing in a REIT might bring good returns, but I do not think it will bring you financial freedom. I would look into buying a rental property that cashflows.. and one day will be an asset that pays a nice dividend every month. There is lots of information on BP regarding buying rental properties. It should be pretty hands off for you if you get a property manager as well.

Once you do one.. just rinse and repeat. One day you might have more mailbox money then your salary.. and that is the day you can retire.

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