Guide: What is a REIT?

Real Estate Investment Trust (REIT) is simply a trust company who uses the pool of funds from investors to acquire properties which they will manage, develop and possibly sell. Once the REIT acquired the properties, they will be these properties’ owner and managers will be entrusted to manage these properties. The task of these managers will be to lease out the properties for rental income which will be distributed to the investors. The managers will occasionally renovate the properties, upgrade, tear down and rebuild or sell the properties to increase the income. Continue reading “Guide: What is a REIT?”