07-19-2016, 07:57 PM
Another thing to consider with owning physical real estate...
My aunt and uncle owned 5 rental properties, with my uncle doing pretty much all of the work on them (repairs, finding tenants, collecting rent, etc). When my uncle passed away; my aunt not only had to deal with the grief of losing her husband, but also had to deal with managing the rental properties. It was really tough on her.
With REITs you don't have to worry about this. The CEO of Ventas doesn't call at 2AM asking to fix a broken toilet at one of their hospitals. The dividends just continue to roll in every quarter without any extra work.
My aunt and uncle owned 5 rental properties, with my uncle doing pretty much all of the work on them (repairs, finding tenants, collecting rent, etc). When my uncle passed away; my aunt not only had to deal with the grief of losing her husband, but also had to deal with managing the rental properties. It was really tough on her.
With REITs you don't have to worry about this. The CEO of Ventas doesn't call at 2AM asking to fix a broken toilet at one of their hospitals. The dividends just continue to roll in every quarter without any extra work.