I don't know much about reits in terms of the up and down cycles. Obviously real estate has seen major appreciation in the past 8 years or so. I've owned a duplex in Oregon for about 6-1/2 years and I really don't like being a landlord (the politicians*in Portland keep coming up with new laws that are increasing the likelihood*of landlords getting sued.* The latest*talk up there is to introduce legislation to provide free legal counsel to tenants wanting to sue their landlords). I've been thinking about selling the duplex and moving the money into Reits. I'd like to hear opinions about doing that now in the current market?
Thank you,RDW
Thank you,RDW