This is like you invest in mutual fund (REIT is like mutual fund in real estate) or invest in real estate entity (running the real estate business) or you invest in individual real estate company stocks.
REIT like mutual fund. There is no guarantee you always make money. If you bought IYR on May 22, 2013 at $75.8, then you lost money on paper since now it is at $68.15 today.
If you bought a house, and the cash flow is positve, you don't have to worry about the house price going up or down. So the cash flow is the key.
REIT like mutual fund. There is no guarantee you always make money. If you bought IYR on May 22, 2013 at $75.8, then you lost money on paper since now it is at $68.15 today.
If you bought a house, and the cash flow is positve, you don't have to worry about the house price going up or down. So the cash flow is the key.