Cap rate math: how I evaluate REIT fair value
VICI is the best REIT I own. Triple net leases on Las Vegas Strip casinos. 43-year weighted average lease term. CPI-linked rent escalators. Tenants who CANNOT leave.
38 Comments
Great post, thanks for sharing this.
Counterintuitively, the best time to buy is when you're most scared.
The exit strategy is what most people don't think about.
This is a masterclass. Bookmarked.
What catalyst are you watching for?
Good luck! Keep us updated.
Great post, thanks for sharing this.
What brokerage are you using for this?
What's your target withdrawal rate in retirement?
Have you modeled different interest rate scenarios?
How long have you been doing this? Impressive numbers.
Great post, thanks for sharing this.
The math here is solid. This is what people miss.
Appreciate you sharing the L's too. Most people only post wins.
The international allocation debate never gets old.
The exit strategy is what most people don't think about.
Have you considered the tax implications of this approach?
This is a masterclass. Bookmarked.
Have you stress tested this against a 40% drawdown?
Any thoughts on doing this in a taxable account?
This is exactly what I needed to read today.
Mind sharing your full allocation?
The math here is solid. This is what people miss.
This is a masterclass. Bookmarked.
The psychology of money matters as much as the math.
Good luck! Keep us updated.
The psychology of money matters as much as the math.
I was skeptical at first but this changed my mind.
Good luck! Keep us updated.
Mind sharing your full allocation?
Counterpoint: what happens if rates stay elevated longer?
Real talk: most people can't stick to this when it gets hard.
I was skeptical at first but this changed my mind.
Appreciate you sharing the L's too. Most people only post wins.
FIRE community is the most underrated corner of personal finance.
What's your target withdrawal rate in retirement?
This is essentially what a financial advisor charges $5k to tell you.
Great post, thanks for sharing this.
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