Assume the following scenario: A person wants to invest $100k in REIT or buying a rental property. (Assume a property management company is used so we don't need to compare the work from each.)
- What effect (if any) does getting a mortgage have for buying the rental property? Does this increase the long-term value of real-estate compared to REIT?
- Has someone measured the average capital appreciation of REIT vs owning a home over time? Is one a clear winner?
- Is there a measurable tax benefit to investing in real-estate? How big a difference should this make?
- Are there long-term average returns that should be used for owning a rental vs REIT to calculate an expected annual return?
Thanks!