| | | resid reits are a little pricey now as compared to other sectors. however, maybe still good to own some.
someone posted APTS and BERG. they are on my 'avoid' list, but i just took a quick re-look. APTS is office and resid, but i avoid outside managed reits. read their proxy -- too much going on there. BERG - FFO was actually negative 2020 and 2019, but with all their adjustments (including compensation) they made it look positive. they have a lot of unusual pref equity / JV investments -- not worth figuring out for me. their debt is astronomical. avoid, avoid, avoid.
AMH and INVH buy houses and rent them out. I do not own at present. I like sunbelt apartments. None are cheap, but look at MAA, IRT, CPT, AIRC. If you like big city reits -- check AVB, ESS, EQR, UDR. |
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