Description
Book SynopsisGet the 411 on real estate investment trusts (REITs) and how they might fit into your portfolio Are you looking for excitingbut responsiblenew investment opportunities that go beyond simple stocks and bonds? In REITs For Dummies, celebrated investing lecturer and author Brad Thomas delivers an easy-to-understand guide to getting started with real estate investment trustsalso known as REITs. These flexible and lucrative investment tools package together individual properties so you can invest in land and buildings without the hassle of being a landlord. In the book, you'll get a straightforward tour of REIT property sectors and the different ways you can invest in REITs. You'll also find: Strategies for selecting the best REITs for you and your familyWays to navigate the sector and generate durable income that helps you sleep well at nightOptions for those who want to go beyond the United States and investigate international REIT products. You already know about the basics of stock an
Table of ContentsIntroduction 1
Part 1: Getting Started with REITs 5
Chapter 1: Who Wants to Be a Virtual Landlord? 7
Chapter 2: It All Starts with Real Estate 15
Chapter 3: Unlocking the First Level of the REIT Universe 31
Chapter 4: Understanding How REITs Make Money 45
Chapter 5: REITs around the Globe 61
Part 2: Exploring the REIT Universe 83
Chapter 6: Exploring the Primary REIT Sectors 85
Chapter 7: Exploring Alternative REIT Sectors 105
Chapter 8: Putting on Your REIT Analyst Hat 125
Chapter 9: Separating the Wheat from the Chaff 149
Part 3: REITs for All Investors 161
Chapter 10: Building a Smart REIT Portfolio from the Ground Up 163
Chapter 11: The Big Fish REIT Investors 179
Chapter 12: Pressing the REIT Easy Button 195
Part 4: The Part of Tens 211
Chapter 13: More Than Ten FAQs About REITs 213
Chapter 14: Ten Mistakes to Avoid When Investing in REITs 223
Appendix A: Assessing Weighted Average Cost of Capital 233
Appendix B: Determining Net Asset Value 237
Appendix C: Calculating Adjusted Funds from Operations 241
Glossary 243
Index 261