Donald Trump built his wealth in real estate. After inheriting a portion of his father’s real estate business, he expanded it through strategic property deals, hotel developments, and branding.
Trump also ventured into entertainment, including his popular show The Apprentice and his new social media app Truth Social, which is in the process of going public through a SPAC merger with Digital World Acquisition Corp. (NASDAQ:DWAC).
Investing in real estate is not as easy as it once was, especially with interest rates surging in recent years. However, investors can explore alternative routes to enter the real estate market, including investing in real estate investment trusts (REITs) or participating in real estate crowdfunding.
So, how can you invest like Donald Trump? Well, his portfolio is highly concentrated in two states – New York and Florida. Let’s take a look at a REIT with exposure to both of these markets.
Don’t Miss:
- Investing in real estate just got a whole lot simpler. This Dara Khosrowshahi-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
- Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000.
AvalonBay Communities
AvalonBay Communities (NYSE:AVB) owns or has ownership interests in 299 apartment communities containing over 90,000 apartment homes across 12 states and the District of Columbia, including 18 communities under development. It lists New York as one of its “established regions” and Florida as one of its “expansion regions” in its most recent investor presentation.
AvalonBay currently pays a quarterly dividend of $1.70 per share, equating to an annualized dividend of $6.80 per share and giving it a yield of about 3.7% at the time of this writing.
In addition to sporting a high yield, AvalonBay is a dividend-growth star. It has raised its annual dividend 11 times in the last 13 years, including a 3% hike in January of this year.
Another way to invest like Donald Trump
You can also get started in real estate like Donald Trump with as little as $100 by using a real estate crowdfunding platform, like Bezos and Khosrowshahi-backed Arrived Homes or Marcus and Millichap-backed EquityMultiple. Real estate crowdfunding platforms allow you to connect with other investors and pool your money to purchase property for passive real estate income.
Learn more about real estate crowdfunding here and check out properties available for investment right now here.
Read Next:
- Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000.
- Collecting passive income from real estate just got a whole lot simpler. A new real estate fund backed by Dara Khosrowshahi gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.
https://finance.yahoo.com/news/invest-donald-trump-reit-exposure-143313114.html
