REIT or purchasing land: Which is the best option?
-
My father, who is in his 50s, sold some of his property and is looking to reinvest again. My father struggles to decide between buying land for future profits and investing in Real Estate Investment Trusts (REITs) for consistent income. Which one should he choose?
-
Both land and REITs have their strengths and weaknesses. Land is good for long-term wealth. However, it requires a significant investment and a high level of patience. But REITs offer you more liquidity and steady income.
So for your father, REITs are a more suitable and hassle-free option because of their liquidity and regular payouts.