What is a Real Estate Investment Trust (REIT)?
At the most basic level, a real estate investment trust is a company that owns, operates, or finances income-generating real estate.[1] They allow people to invest in a trust that then purchases a direct ownership stake in real estate properties. The investor then has exposure to the potential profits and income generated from the real […]
What to Consider If You Think You’re Asset-Rich but Cash-Poor
There’s a chance that an individual may find themselves in a circumstance where they possess significant wealth in their house but lack sufficient cash in their bank account. Over the years, as you’ve been paying off your mortgage, the equity in your property might have accumulated greatly. But having substantial home equity doesn’t necessarily equate […]
Considerations Before Purchasing Your Second Home
A home is one of the most significant purchases you’ve made in your lifetime, so you should take your time when thinking about buying one. Many people have a favorite vacation spot in a scenic area, but they can’t spend a significant amount of time there until they’re retired. If you’re thinking about buying a […]
