How to Invest in Real Estate Investment Trusts (REITS)

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!Today, I sit down with Andre Albritton, the personality behind The Millennials Next Door, a platform which provides financial coaching to young professionals. He is a co-host for The Investing Flavor Podcast, where he talks all things finance and entrepreneurship alongside fellow HBCU graduates.In 2016, after a few years in the insurance world, Andre decided to become a financial planner. It was along this new path where he was eventually introduced to real estate investment trusts, or REITs, which he saw as a great opportunity to invest in real estate without the high costs and labor requirements of buying and managing actual physical properties.In this episode, Andre does a deep dive into REITs, how and why to invest in one, and gives encouraging advice on taking that first step on your investment journey.Highlights1) The primary asset class you decide to invest in—in this case between REITs, actual property, or both—will depend entirely on what type of investor you are. .2) When choosing a REIT to invest in, focus on these four areas: your preferred niches, the quality of the management team, the average funds for operations, and the dividend yield.3) There are so many options to invest in nowadays that many people fail to even make a choice. Always be moving forward, even through mistakes, and keep building your streams of income.How to find himInstagram - @themillennialsnextdoorGet your tickets for the Dallas Networking Event- https://bit.ly/bredbwr Learn how to invest out of state- https://www.outofstatemoney.com/ Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community- https://bit.ly/bredcommDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Text BRED to 74121 to join our VIP Text List to get a free training and the latest updates!