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Podcast: BiggerPockets Daily
Episode: The Case Against REITs and Why There Are Better Assets by G. Brian Davis
Description: I recently visited Machu Picchu, and a fellow hiker asked me what I do for work. I explained that I run a real estate investment club and that we pool small amounts of money to collectively buy fractional shares in large apartment complexes. She furrowed her brow and replied, “But why would I need to bother with all that private equity stuff? I’m already diversified into real estate with REITs in my brokerage account.” I cringed at her use of the word “diversified.” Because for all the benefits of real estate investment trusts—and there are many—they don’...