This 11.9% Dividend Is Better Than Owning Rental Property

The article argues that investing in publicly traded closed-end funds (CEFs) holding real estate investment trusts (REITs) is more advantageous than owning rental properties. The author shares personal experiences with rental management challenges and highlights the increasing dominance of institutional buyers in the housing market. The article notes that while REITs have underperformed recently, factors such as potential interest rate cuts and the fading impact of remote work could boost real estate demand. CEFs like the Nuveen Real Asset Income and Growth Fund (JRI) offer better diversification and higher yields compared to traditional REIT investments.