Looks like Real Estate Investment Trusts (REIT) are performing better and better, which is a good thing if you’re tired of managing your apartment building. The capital improvement calls and shrinking (or non-existing) depreciation on your asset can be good reasons to want to dispose of it.
Considering a REIT means joining a bunch of other investors in an asset you likely couldn’t afford on your own; an apartment complex in Nevada, a triple net retail center in Texas or a multimillion dollar office park in Colorado are examples of property types you might choose. There are REITs in Hawaii, but the returns on the mainland have historically been better.
Here’s an article from today giving you the latest average returns on the different types of REITs you might consider purchasing: