There is a lie many people believe about real estate.
That to own prime property, you must first suffer through the entire journey; buy land, fight with approvals, manage architects, argue with contractors, negotiate with banks, chase tenants, fix leaking pipes, and answer midnight calls about electricity and sewage.
That is the traditional path. And for many people, it is exhausting.
Because the truth is this: owning real estate and running real estate are two completely different things.
Very few people want to run buildings. But many people would like to own them. This is where a Real Estate Investment Trust, commonly called a REIT, changes the equation.
