Ever wonder how those big buildings get built and maintained? Or how shopping centers and office parks keep their storefronts full and their grounds well-manicured? There’s a good chance that a REIT, or Real Estate Investment Trust, is behind it all.
REITs are organizations that own, operate, and finance income-producing real estate. In other words, they’re responsible for developing and managing everything from hospitals and hotels to timberlands and self-storage units. And while you may not be familiar with the term “REIT,” there’s a good chance you’ve interacted with one before.
How many jobs are available in real estate investment trusts?
Real estate investment trusts are a rapidly growing industry, with more than 1000 new positions becoming available each year.
Currently, there are 274,000 employees working full-time for REITs. In addition, an estimated 2.6 million full-time jobs are indirectly supported by the real estate investment trust industry.
This growth is due in part to the increasing popularity of real estate investment trusts as a way to invest in the real estate market.
REITs offer several advantages, including the ability to diversify one’s portfolio and the potential for high returns. As a result, more and more investors are considering REITs as a viable option, which is leading to increased job growth in the industry.
What Do REITs Do?
REITs purchase, develop, finance, and manage income-producing real estate like apartments, warehouses, shopping centers, office buildings, self-storage units, hotels, and more.
They also issue shares of common stock to raise capital for their operations. And because they generate income from their properties in the form of rent or mortgage interest payments, they offer investors the potential for high dividend yields.
In fact, the average dividend yield for publicly traded REITs was 4.41% as of December 2020. That’s significantly higher than the 2.00% average yield for 10-year Treasury bonds and the 1.51% yield on the S&P 500 index during that same time period.
The Benefits of Investing in REITs
REITs offer investors a number of benefits, including:
1. Diversification: Real estate is an asset class that doesn’t move in lockstep with stocks and bonds. That means it can help protect your portfolio from losses during market downturns.
2. Liquidity: Publicly traded REITs are bought and sold on major exchanges just like stocks, providing investors with easy access to their money if they need it.
3. Professional Management: By leaving the day-to-day management of properties to REIT professionals, investors can enjoy the perks of owning real estate without having to do any of the work themselves.
4. Transparency: Unlike many private real estate investments—such as partnerships—the financial results of most REITs are available for all to see via SEC filings like Form 10-Ks and Form 10-Qs.
5. Potential for High Returns: Because they must pay out at least 90% of their taxable income to shareholders in the form of dividends, REITs offer investors the potential for high dividend yields as well as long-term capital appreciation through share price growth.
6 tax advantages: The special structure of REITS allows them to avoid paying corporate income taxes at the federal level as long as they distribute at least 90% of their taxable income to shareholders each year in the form of dividends.
How to Invest in REITs
REITs can be purchased like any other stock through a brokerage account. And because they trade on major exchanges, they can be bought and sold during regular market hours.
There are also a number of exchange-traded funds (ETFs) and mutual funds that invest in REITs, providing investors with an easy way to add real estate to their portfolios.
REITs offer investors a number of benefits, including diversification, liquidity, professional management, transparency, potential for high returns, and tax advantages. They can be purchased like any other stock through a brokerage account and are traded on major exchanges. There are also a number of ETF
Making a career change can be a daunting prospect, but it can also be immensely rewarding. For many people, the process of exploring different industries and finding the right fit can be both exciting and frustrating. However, with a little research and perseverance, it is possible to find a new career that is both fulfilling and successful.
One of the best ways to explore different industries is to attend job fairs and networking events. This can be a great way to learn about different companies and meet people who are already working in the field. Another useful tool is the online research.
By reading articles and watching video interviews, it is possible to get a good sense of what various jobs entail. Finally, it is important to talk to friends and family members who may have insight into different industries. By taking the time to explore all of your options, you can make sure that you find the right career change for you.
Real Estate Investments Trusts
One way to diversify your real estate investments is to purchase a real estate investment trust, or REIT. A REIT is a publicly traded vehicle that allows investors to pool their money and invest in a wide variety of real property assets.
For example, an ETF that holds a portfolio of different REITs can provide you with exposure to office buildings, shopping centers, apartments, and other types of real estate. By investing in a REIT, you can enjoy the potential for higher returns and diversify your portfolio.
Career in REIT
First of all, careers in REIT tend to be highly lucrative and the industry is growing by leaps and bounds. When viewed as an industry, REITs make significant contributions to the tax base and the job market.
Plus the community is the benefactor of all real estate improvements. In 2020, REITs contributed an estimated $3.6 billion dollars in federal taxes and $1.1 billion dollars in state and local taxes.
When you consider all the benefits that flow from having a thriving REIT industry, it’s no wonder that they are such a desirable place to work.
Who works for REITs?
Real estate investment trusts, or REITs, are large-scale organizations that manage a portfolio of properties. These properties can include office buildings, shopping malls, warehouses, and more.
REITs are required by law to distribute at least 90% of their taxable income to shareholders in the form of dividends. As a result, REITs tend to be very profitable organizations.
This profitability attracts many workers, who are drawn to the high salaries and generous benefits that REITs often offer.
In addition, REITs provide an opportunity to work in a variety of different roles, from brokers and investor relations to property managers and marketers. As a result, REITs provide employment for over two million workers in the United States.
Is real estate investment trusts a good career path?
REITs have been a great career choice for many reasons. They offer significant growth potential, and they are a relatively safe investment. REITS also offer a lot of diversity, which can be helpful in managing risk.
There are a variety of job opportunities available in the field, so it is easy to find a position that suits your skills and interests.
The downside of REITs is that they can be volatile, and they are not always easy to sell. However, overall, REITs are a great choice for anyone looking for a stable career in the real estate industry.