Real estate investment trusts (REITs) were created several decades ago to offer investors the ability to own commercial real estate without digging deep or borrowing big for the cash to fund the purchases.
REITs own portfolios of income-producing real estate, and non-traded or publicly held, they all carry the obligation to pay out at least 90% of their taxable income to their shareholders.
That makes them ideal for both income and buy-and-hold investing. Here are some publicly traded REITs to consider, representing not only some promising buys themselves but also the range of industries that REITs inhabit.
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