Got $1,000? 3 Top Real Estate Stocks to Get Your Hands On
Real estate has historically been an excellent investment. It produces competitive returns and passive income with less volatility than stocks. That makes it a great addition to any portfolio.
You don't need much money to start investing in the sector. Real estate investment trusts (REITs) are low-cost, enabling anyone with $1,000 (or less) to add some real estate to their portfolio. Three top options beginners will want to grab are AvalonBay Communities (NYSE: AVB), Realty Income (NYSE: O), and W.P. Carey (NYSE: WPC).
AvalonBay Communities is one of the largest apartment owners in the country. The residential REIT has interests in 299 apartment communities across a dozen states, with another 17 under development. The company primarily focuses on high-cost coastal cities but has started expanding into faster-growing markets across the southeast in recent years.
Source Fool.com
