REITs -- or real estate investment trusts -- are just one of the many ways you can invest in real estate.
There are healthcare REITs, mortgage REITs, residential REITs, and even REIT ETFs, each one offering a unique opportunity to grow your portfolio and diversify your investments.
Are you considering investing in REITs? Not sure what they are or how to get started? These five books can pave the way:
by Ralph Block
Described as the "definitive guide to understanding this attractive asset class," Ralph Block’s Investing in REITs is a must-read for anyone considering their first REIT investment. You’ll learn about the history of REITs, how they measure up to other investments, strategies for finding a good REI buy, and much, much more. One reader called it "an invaluable resource," while another said it’s "the most complete and easy-to-read book about real estate investment trusts yet."
by Stephanie Krewson-Kelly
This is one of three REIT investing books written by longtime REIT expert Krewson-Kelly, who currently serves as a board member and VP of investor relations at Corporate Office Properties Trust (a REIT that specializes in office and data center properties). In this tome, Krewson-Kelly dives into the processes and mechanisms behind REITs -- and investing in them -- and walks readers through critical calculations and metrics they’ll need to invest in REITs successfully. It currently has 4 out of 5 stars on Amazon.
by Stephanie Krewson-Kelly and Glenn Mueller
Another by Krewson-Kelly, Educated REIT Investing looks at the historical performance of REITs, as well as individual investing strategies readers can try. One Amazon reviewer called it "a fantastic read" and said it includes "very useful ways for assessing and analyzing these securities."
by Mark Gordon
This guide doesn’t just focus on what REIT investing is or its history. Instead, it looks at methods for maximizing your returns from REITs and minimizing your risk, as well as guidance for how to analyze and improve your performance. It currently has a 4.2 out of 5 stars on Amazon, with readers calling it "concise," "well-written," and "comprehensive."
by Irfan Younus
If you’re brand new to REITs, then this one can give you a good, foundational knowledge of these investments and the REIT industry as a whole. It’s short (just 84 pages) and comes from the Certified Financial Analyst Institute out of Virginia. Reviewers say it’s a "very good introductory guide to the REIT industry" and "a very helpful book."
Get more guidance
Need more advice about REIT investing? Check out our guides to REIT ETFs, equity REITs, and mortgage REITs now. You can also follow our REIT expert Matt Frankel for specific REIT recommendations.