Real estate is a traditional way to generate passive income. Investors no longer need to take on a lot of debt or purchase individual properties to earn income from real estate.
Nowadays, it’s as easy as ever for anyone to become passive landlords by investing in real estate investment trusts (REITs). REITs have professional management to take care of a diversified portfolio of real estate assets, including mortgages.
You can immediately generate what’s similar to rental income passively by simply buying units of REIT ETFs. Investopedia introduced three top Canadian REIT ETFs. I’ve ordered the REIT ETFs based on their net asset values from large to small. Let’s explore to see if they could be good purchases for real estate income.Read More