Do You Feel Lucky? 7 Lucky REITs That Yield 7% Plus

Jan. 02, 2019 7:00 AM ETBAM, BX, BPY, BRX, BXMT, IRM, KIM, SRC, O, BN:CA71 Comments

Summary

  • I want to provide you with some actionable information that should help you with your New Year’s resolutions.
  • I want to begin a series of lists this week (my kids are out of school, so lists are perfect this time of year), starting with these "7 lucky REITs."
  • On Thursday I will provide you with the “REITs that yield 8%+."
  • On Friday I will finish the series with a list of “the REITs that scream double-digit” (and we rate as spec buy).
  • This idea was discussed in more depth with members of my private investing community, Rhino Real Estate Advisors. Get started today »

"Do you feel lucky, punk?"

Well, before you get angry (for calling you out as a punk), let me remind you that I am referring to the famous line from Inspector Callahan (Clint Eastwood) in the classic movie, Dirty Harry.

In case you missed it (or forgot), Inspector Callahan was tracking a bank robber and the two were confronted with Callahan pointing a 44 Magnum at the crook. Callahan calmly says, 'Do I feel lucky?' Well, do you, punk?

Photo Source

O.K. Now that I have your attention, I want to provide you with some actionable information that should help you with your New Year’s resolutions. Keep in mind, I have already provided my full New Year’s Resolution, and I can assure you that I was not trying to offend you by calling you out as a punk, my resolution #3,

Be nicer. This might be hard, as I’m already nice. Perhaps this actually means, be tougher when it’s called for, and be able to quickly shift gears, as needed, knowing that others mean well (when they do).”

Most of you know that my objectives as a writer on Seeking Alpha are very clear, and I made that my #7 resolution,

Be more courageous in “calling out” the ugly ducklings – and I mean the ones that never, ever turn into SWANs. These are those REITs that might look good with super high “sucker yields,” but that are not operating with the investor in mind. Curious business practices, slippery dealings, unsettling aspects in the balance sheets, the prospect - or reality - of decreasing dividends, and the like. Stand strongly by a most-cogent analysis.”

You can read my entire REIT resolutions here, so I won't bore you with the details. Instead, I want to begin a series of lists this week (my kids

Brad Thomas is one of the most read authors on Seeking Alpha, and over the years, he has developed a trusted brand in the REIT sector. His articles generate significant traffic (around 500,000 views monthly) and he has thousands of satisfied customers who rely on his expertise.

Marketplace subscribers have access to a growing list of services, including weekly property sector updates and weekly recommendations. Also, we are now providing daily early morning REIT recaps, including breaking news across the entire REIT universe. Take charge!

This article was written by

Brad Thomas profile picture
107.05K Followers
Author of iREIT on Alpha
The #1 Service For Safe and Reliable REIT Income

Brad Thomas is the CEO of Wide Moat Research ("WMR"), a subscription-based publisher of financial information, serving over 10,000 investors around the world. WMR has a team of experienced multi-disciplined analysts covering all dividend categories, including REITs, MLPs, BDCs, and traditional C-Corps.

The WMR brands include: (1) iREIT on Alpha (Seeking Alpha), and (2) The Dividend Kings (Seeking Alpha), and (3) Wide Moat Research. He is also the editor of The Forbes Real Estate Investor

Thomas has also been featured in Barron's, Forbes Magazine, Kiplinger’s, US News & World Report, Money, NPR, Institutional Investor, GlobeStreet, CNN, Newsmax, and Fox. 

He is the #1 contributing analyst on Seeking Alpha in 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, and 2022 (based on page views) and has over 106,000 followers (on Seeking Alpha). Thomas is also the author of The Intelligent REIT Investor Guide (Wiley) and is writing a new book, REITs For Dummies. 

Thomas received a Bachelor of Science degree in Business/Economics from Presbyterian College and he is married with 5 wonderful kids. He has over 30 years of real estate investing experience and is one of the most prolific writers on Seeking Alpha. To learn more about Brad visit HERE.

Disclosure: I am/we are long BPY, SRC, BRX, VER, IRM, KIM. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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