Seems though REITs give you a much much less return than rental properties because of appreciation, tax advantage, and rental income. Not only that, the apartment starts becoming yours every month so you're really earning the full income (minus fixing expenses) rather than rent minus mortgage.
All of that compared to a 5% average. Assuming you have $20K to put down in REIT (instead of down payment on a new condo) you're getting a measly $1000.
You're earning way more with the rental even if you hand it to a property manager to prevent headaches.
Am I missing something?
Submitted February 28, 2017 at 06:18PM by MoistStallion http://ift.tt/2lU0TKW