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5: Making Your First Investment (Passive Income, Real Estate, and Retirement)
Rich Habits Podcast
The Different Types of REITs
Real estate investment trusts must pay out 90 percent or more of their taxable profits to shareholders in the form of dividends. The REIT that Austin and Robert both like the most is called Realty Income Corporation, ticker symbol O. They essentially lease commercial space to long-term clients like CVS, dollar general, Costco, Starbucks, KFC and hundreds more.
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