If I Could Redo My Real Estate Portfolio, This Is What I'd Change
It didn't take me long after graduating college and entering the workforce to search for another way to earn money. I knew the power of investing in the stock market, but I wanted diversification and a completely different business model that could pay me now and well into the future. Which led me to real estate.
I spent the next ten years learning everything I could about real estate investing, eventually building a real estate portfolio worth over $4 million by the age of 27. While it was definitely a portfolio I was proud of, I made a ton of mistakes building it along the way. Now, looking back at what I've built and what I've missed out on over the past 10 years, here are five things I would redo in my real estate portfolio if I could change it.
REITs, which is short for real estate investment trusts, have become a quite popular way for investors to diversify their portfolio into real estate. When I ventured into real estate investing, my focus was on actively owning and managing the real estate myself, which meant I overlooked the opportunities of REITs.
Source Fool.com
