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Mortgage Broker News | 23 Apr 2015, 06:57 AM Agree 0
Analysis by the Royal Bank of Canada shows that investors looking for long-term returns would be better off with REITs than condos.
  • Pierre | 23 Apr 2015, 09:51 AM Agree 0
    what is a REITS
  • Leon Dennis Johnson | 23 Apr 2015, 03:29 PM Agree 0
    @Pierre

    A REIT is a real estate investment trust. Here is the definition from Investopedia:

    A security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate.

    Read more: http://www.investopedia.com/terms/r/reit.asp#ixzz3YA8bLS9t
    Follow us: @Investopedia on Twitter
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