There are always common misconceptions about REITS. Break the stereotypes and find out what they are when you read this article by The Sky View. The common misconceptions about REITS that you need to know are the following:
Myth 1: REITS are only for high net worth individuals
Reality: REITS are for any individual, regardless of net worth. If you are thinking of investing in REITS, you can be assured that you will get a great return on your investment.
Myth 2: REITS are only for real estate investors
Reality: REITS are for anyone who is looking to invest in a diversified portfolio of real estate assets. If you are a real estate investor, you can also invest in REITS to increase the number of properties in your portfolio.
Myth 3: REITS are only for those who can afford to lose their money
Reality: REITS are for those who are looking to invest their money. There is no such thing as a free lunch.
Myth 4: REITS are only for those who have an excellent credit rating
Reality: REITS are for those who have an excellent credit rating. There is no such thing as a free lunch.
Myth 5: REITS are only for those who have the patience to wait for a good price
Reality: REITS are for those who have the patience to wait for a good price. There is no such thing as a free lunch.
Myth 6: You need a large down payment to invest in a REIT.
The first misconception that many people have is that they need a large down payment to invest in a REIT. It is true that you need a large down payment to invest in a REIT, but it is not true that you need a large down payment to invest in a REIT.
REITs are not like stocks. In fact, REITs are similar to other real estate investments such as buying a home. If you buy a home, you need to have at least 20% down payment. In the same way, you need to have at least 20% down payment for a REIT. However, this does not mean that you have to pay a large down payment. In fact, you can pay a smaller down payment.
“REITS are only for rich people”
The most common misconception about REITS is that they are only for rich people. There is a reason why many people are not aware of the advantages of REITs. Many people feel that REITs are only for the rich.
The reality is that there are REITs that are affordable and there are REITs that are not affordable. The REITs that are not affordable are those that have a lower yield, but they also have lower fees. If you are looking for a high yield REIT, then you should not be looking at REITs that have a yield that is not high.
REITS are not just for rich people. You can also get into REITs even if you are not rich. If you are interested in REITs, then you can look at REITs that are affordable. You can also look at REITs that have a high yield.
“REITs are just a business that is run by the REIT”
Another misconception about REITs is that they are just a business that is run by the REIT.