Real Estate Investment Trust Success Stories [2024]
A Real Estate Investment Trust (REIT) is a type of investment that allows individuals to invest in income-generating real estate properties without the need to purchase and manage them directly.
Think of it as a company that owns, operates, or finances income-producing real estate, such as apartment buildings, shopping centers, or office spaces.
By investing in a REIT, you become a shareholder in the trust, and in return, you receive a portion of the rental income and profits generated by the properties.
REITs are attractive for those interested in real estate because they offer a way to diversify their investment portfolio, receive regular dividends, and potentially benefit from property value appreciation.
Starting a REIT business involves understanding the real estate market, selecting suitable properties, and managing the financial aspects of the investment to provide returns for shareholders.
In this list, you'll find real-world real estate investment trust success stories and very profitable examples of starting a real estate investment trust that makes money.
1. Let’s Buy an Island ($300K/year)
Marshall Mayer, Gareth Johnson, and Jodie Joyce came up with the idea for Let's Buy an Island after a few drinks and a conversation about owning a private island. They reached out to friends and family, created a website, and convinced over 140 people to invest in their dream. They were able to buy an island in Belize and are now in the process of developing it into a boutique resort.
How much money it makes: $300K/year
How much did it cost to start: $500K
How many people on the team: 7
A group of founding partners have crowdfunded enough money to purchase a private island in Belize, which will soon develop into a boutique resort and is expected to open in 2023, following a successful launch through social media and press releases.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.