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.
43 Comments
This is either genius or the most expensive lesson of your life.
The hardest part is just not touching it during a crash.
Fees really do compound in the wrong direction.
The behavioral aspect of investing is so underrated.
This is either genius or the most expensive lesson of your life.
Appreciate you sharing the L's too. Most people only post wins.
This is the post I needed. Exactly my situation.
I ran the same numbers. You're on the right track.
Appreciate the transparency here. Most people gatekeep this stuff.
The fee math always surprises people when you actually do it out.
The behavioral aspect of investing is so underrated.
Done similar analysis. Your numbers check out.
This is exactly what I needed to read today.
The international allocation debate never gets old.
The international allocation debate never gets old.
I was skeptical at first but this changed my mind.
FIRE community is the most underrated corner of personal finance.
Fees really do compound in the wrong direction.
Done similar analysis. Your numbers check out.
Real talk: most people can't stick to this when it gets hard.
I've been burned by this before. Your caution is warranted.
Have you stress tested this against a 40% drawdown?
Good luck! Keep us updated.
Be careful about survivorship bias in this analysis.
How long have you been doing this? Impressive numbers.
I've been thinking about this too. What's your time horizon?
The fee math always surprises people when you actually do it out.
How does this compare to just buying VTI and forgetting about it?
What brokerage are you using for this?
The exit strategy is what most people don't think about.
Any thoughts on doing this in a taxable account?
Counterintuitively, the best time to buy is when you're most scared.
The hardest part is just not touching it during a crash.
This is exactly what I needed to read today.
I've been thinking about this too. What's your time horizon?
How long have you been doing this? Impressive numbers.
How long have you been doing this? Impressive numbers.
The compounding at year 20+ is when it gets really wild.
What's your target withdrawal rate in retirement?
The fee math always surprises people when you actually do it out.
This is a solid framework. Saving this post.
Not financial advice but I'm doing the exact same thing.
This is the way.
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