A Real Estate Investment trust REIT is a business that owns or finances income-producing properties and returns 90% of its taxable income to shareholders.
It may be organized as a trust, corporation, or limited liability company (LLC).
To qualify for favorable tax treatment, a REIT must pass two tests: one to show it’s an entity separate from its owner and another to demonstrate that it has 90% of its assets invested in real estate.
Most importantly, a REIT doesn’t pay corporate taxes on most types of income they earn because they’re taxed at the shareholder level.
Real estate investment trusts (REITs) are one of the most profitable investment options, with that said.
They are publicly traded on major stock exchanges, and their shares can be purchased by investors of any kind, from the very rich to modest middle-class savers.
But just how many jobs are available in REITs? That question was recently posed by an analyst who covers the REIT industry, and so we have attempted to answer it here on our website.
Although there is no precise or perfect answer to that question at this time, we believe that it can be answered reliably with some educated estimates.
First, you should understand that REITs aren’t just for big investors. Most Real Estate Investment trust (REITs) have different classes of shares and it is possible to buy into a REIT even if you only have a few thousand dollars to invest.
Plus, with so many publicly-traded REITs, there is bound to be one or more that fits your investing style and risk tolerance level.
From shopping malls to hospitals, office buildings to industrial facilities there is something for everyone in terms of types of property.
And don’t forget about other kinds of REITs, such as those invested in renewable energy or timberland.
As long as you can find them on a stock exchange and they pay dividends (or distributions), they qualify as public Real Estate Investment trust “REITs”.
Why invest in REITs:
REITs have both upsides and downsides when compared to other investments.
Their primary benefits are that they offer higher potential yields; they’re very liquid; you can use them as a hedge against market risk, and they tend to be low cost.
The trade-off for all of these positives is that REITs come with greater risk than most other securities.
Overall, I’d say that investing in REITs represents a great way to balance out your portfolio and meet your specific investing goals!
And if you’ve got questions or would like some advice on how to get started investing in REITs, feel free to ask us in the comments below! We’d love to hear from you.
So, below we have listed a few profitable jobs in a real estate investment trust.
Real estate Healthcare manager:
Investment trusts have been on a tear. The number of people employed by real estate investment trusts is up 20% over last year, according to a recent report by KPMG.
In addition, there’s plenty of room for growth over the next few years, even as economic conditions improve.
Real estate is one of those sectors that doesn’t typically dry up when times get tough—it tends to go in cycles with construction and financing opportunities instead of booms and busts.
Though both factors have contributed to slow growth during these leaner years, now that consumers seem ready to jump back into home purchases again, it should be an active market for REITs going forward.
Real Estate Project Developer:
Real estate project developers create a blueprint for properties and gather investors.
Project developers may work with investors to determine how they want to fund their projects, such as through an equity buyout or by securing commercial financing.
If a project is already funded before they come on board, then its role may be to collect and analyze data from contractors and subcontractors.
Project developers must have excellent communication skills because they must explain complex real estate concepts to both technical and non-technical individuals.
They often have graduate degrees and at least five years of experience working for another project developer or a construction company; some have advanced academic degrees in fields like law or engineering.
Project developers generally earn $60,000 annually, according to Simply Hired.
You can look into becoming a property manager, who acts as an intermediary between property owners and investors.
The BLS reports that there were almost 900,000 people employed as property managers across all industries in 2016. The median annual wage for property managers was $52,200.
In addition to communicating with tenants and landlords about repairs, you might also need to attend leasing events and broker-investor relations.
Becoming a certified commercial investment member can help you stand out from other candidates looking for jobs on sites like Indeed or SimplyHired.com.
According to CareerBuilder, more than 75 percent of property managers have a bachelor’s degree in finance or business administration.
If you have experience managing properties (either personally or professionally), know your way around Excel spreadsheets, and have great communication skills, then you could land one of these highly sought-after positions without much trouble.
Real Estate Agent:
Real estate sales agents and brokers earned a median salary of $43,400. If you’re interested in becoming a realtor, it’s important to remember that you must pass state licensing exams and must fulfill continuing education requirements.
You can earn certification through courses offered by local or national organizations such as The National Association of Realtors® (NAR) and the Institute for Real Estate Management.
And while you can self-study, NAR advises that taking classes with your local chapter is optimal because they ensure all instructors meet strict guidelines before teaching classes at their branch locations.
Once you’ve been certified and licensed, you’ll be able to pursue careers with some of these top employers in 2017.
It’s also worth noting that compensation may vary depending on which firm you work for.
For example, first-year trainees working for one of Trulia’s parent companies will make between $45,000 and $55,000 per year; if you work at Corcoran Group NYC one of New York City’s largest firms your starting salary could be closer to $35,000 per year.