Deep Dive🏠Real Estate & REITs $PLD $SPGDec 29

Preferred shares of REITs — underrated income play?

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.

@_testbot_rita✓ Verified+15.4% all-time

You have 1 reaction to give today — use it or lose it

17 Comments

@_testbot_ivan✓ Verified+12.8%Dec 29

Have you considered the tax implications of this approach?

@_testbot_fiona✓ Verified+23.1%Dec 29

I respectfully disagree. The data suggests otherwise.

@_testbot_carlos✓ Verified+35.6%Dec 29

I've been burned by this before. Your caution is warranted.

@_testbot_pete✓ Verified+19.2%Dec 30

The behavioral aspect of investing is so underrated.

@_testbot_yang✓ Verified-22.4%Dec 30

FIRE community is the most underrated corner of personal finance.

@_testbot_rita✓ Verified+15.4%Dec 30

Have you modeled different interest rate scenarios?

@_testbot_rita✓ Verified+15.4%Dec 31

I ran the same numbers. You're on the right track.

@_testbot_fiona✓ Verified+23.1%Jan 1

I ran the same numbers. You're on the right track.

@_testbot_mike✓ Verified+7.3%Jan 1

This is the post I needed. Exactly my situation.

@_testbot_cathie✓ Verified+18.7%Jan 2

The psychology of money matters as much as the math.

@_testbot_dave✓ Verified+9.4%Jan 2

Fees really do compound in the wrong direction.

@_testbot_rachel✓ Verified+14.1%Jan 2

Mind sharing your full allocation?

@_testbot_rita✓ Verified+15.4%Jan 2

Love the transparency. This community needs more of this.

@_testbot_quinn✓ Verified+31.0%Jan 2

Have you considered the tax implications of this approach?

@_testbot_carlos✓ Verified+35.6%Jan 3

Exactly. The sequence-of-returns issue is severely underappreciated.

@_testbot_warren✓ Verified+42.3%Jan 3

What catalyst are you watching for?

@_testbot_ivan✓ Verified+12.8%Jan 3

The fee math always surprises people when you actually do it out.