5 “Return to Office” REIT Plays Paying Up to 14.4%

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“Programmer.”

My wife nailed it as we stepped into the open house, staring into the front room labeled “home office.” Shoes off, respecting the homeowners still living there.

“They’re hoping for a rentback,” explained the realtor. “The couple has to move out of town for work.”

Ah, another casualty of the return-to-office mandate! Back to the Bay Area for these two. They’re far from alone. Major cities—Boston, New York, San Francisco—are shaking off five years of downtown rust, preparing for commuters back four or more days each week.

Even here in Sacramento, I had to battle morning traffic this week for the first time in more than five years.… Read more

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The stock market is coming off another sugar high, but REITs (real estate investment trusts) are still cheap. That’s great news to us income investors, who look past the piddly paying blue chips on the S&P 500. We prefer REITs because they pay, and we appreciate a deal when we see one:

REITs Remain Near Their Bear-Market Lows

REITs are on the mat because the Federal Reserve has relentlessly hiked rates. Good. Those of us who want to retire on dividends alone love how wide REITs’ yield spread over basic stocks has become.

Even a vanilla fund like Vanguard Real Estate ETF (VNQ) is a better income source than “America’s ticker”—VNQ yields 4.1% while SPDR S&P 500 ETF only pays 1.6%.… Read more

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