October 25, 2022

Real estate has become one of the most lucrative careers of this decade and it intrigues people of all generations. The industry itself has a lot of opportunities to offer with varying benefits. Because of its continued growth throughout the years, even during the pandemic, people are more invested in exploring REITs – both in terms of investment and jobs. Getting best paying jobs in real estate investment trusts is although competitive but promises long-term advantages. REITs offer plenty of opportunities with several roles to contribute to.  We have compiled a complete guide exploring the number and types of jobs in real estate investment funds and how they can help you make a comfortable living. But before that, let’s have a look at what REITs are and if are the best real estate investment. What is a Real Estate Investment Trust – REIT REITs refer to real estate investment funds – companies that finance income-generating real estate properties across multiple sectors. The United States alone has around 225 REITs with a $1 Trillion combined market capitalization. They offer an investment opportunity for investors by letting them own a share of real estate through which they get a monthly cash flow in the form of dividends. So this means that almost any small investor can become a significant part of the real estate industry minus all the work that comes with it – managing property and finance, bookkeeping, etc. In short, REITs are a great way of earning passive income via real estate. A REIT has several profitable real estate properties and assets that can be spread among real estate asset classes. Compared to traditional real estate investment opportunities, REITs are highly liquid and sold rather quickly at a low cost. Through long-term lease agreements, REITs are modeled on mutual funds and revenue and security. With REITs growth and diversification, it is evident that the sector will be many jobs available in real estate investment trusts as its job market is expected to grow 10% per year. So you can expect more high-level real estate investment jobs in the future. Types of Real Estate Investment Trusts The two main types of real estate investment trusts are mortgage REITs and equity REITs Mortgage REITs As the name suggests, these REITs prefer investing in mortgage-related commodities instead of physical properties. They purchase commercial or residential mortgage-backed securities. Also, they offer a significantly greater financial margin. Like mutual funds, most of them are traded on famous stock exchanges. Equity REITs Equity REITs generate revenue through physical assets and can be considered a classical real estate investment option. An equity REIT is an operator and a full-stack owner of that property. However, they tend to hire third-party services for the management of assets. Other Types of REITs Industrial – also known as logistic REITs, they serve the industrial sector by owning and managing industries, warehouses, and factories and looking over distribution facilities. Healthcare – owns and manages hospitals, healthcare facilities, assisted living, and so on. Office – invests in office properties or certain geographical places they can lease to other groups. Hospitality – firms that build, own, buy, operate, or lease income-producing resorts and hotels. Residential – these REITs mainly deal with rental properties; hence, their revenue comes through apartment complexes. REITs – An Ideal Option for Real Estate Investors One good thing about REITs is that they offer huge diversity to an investor’s portfolio without putting their money into a huge risk, as in the case of stocks. It is recommended by investment advisors to invest in real estate through REITs instead of stocks because they can survive an economic crisis by mostly staying stable while also ensuring a stable cash flow. Investors who have just started in real estate and do not want to lose too much money can start with commercial real estate investment funds. They offer one a chance to be a partial owner of a profitable shopping center or office tower. So, it’s a great way to grow wealth, especially for small investors. Number of Jobs Available in Real Estate Investment Trusts REITs offer a multitude of options when it comes to both investments and long-term career building. The sector of REITs directly employs 308,000 on a full-time basis. However, the trusts are indirectly linked to a total of 2.9million jobs. The jobs vary in payment from high-paying positions to average-income positions. REITs offer numerous high-paying career opportunities with an average yearly salary of $75,000. 8 Types of Best-Paying Jobs in Real Estate Investment Trusts In addition to an opportunity for investors, a wide range of high-paying jobs in the real estate investment trusts industry can bring a good change in your career. Let’s look at the nature of these jobs and how well they pay from the stats collected by the U.S Bureau of Labor Statistics. Property Management Jobs Average National Salary: $59,230 per year and $28.47 per hour. Number of Jobs Available: 392,900 as of 2021. Job Outlook from 2020 to 2030: 3% Required Education: High school diploma. The job of real estate investment property management includes taking care of and managing, leasing, and maintaining real estate properties like rental houses, apartment complexes, and commercial properties, as well as the people residing there. Several responsibilities are involved in this, and it also demands your complete attention around the clock. Also, you’ll require good leadership and excellent communication skills in addition to staying well-organized to succeed. —->  Real Estate housing Market Success Being the manager, the management staff is to report to you while your role is to stay connected with the property upkeep and related responsibilities. An ideal candidate for this job has great project management skills and can handle difficult situations with the tenets. Real Estate Agents Average National Salary: $48,770 per year and $23.45 per hour. Number of Jobs Available: 562,110 as of 2021. Job Outlook from 2020 to 2030: 5% (faster than average). Required Education: High school diploma or equivalent. Real estate agents are