Diversifying with REITs - buy a prison :)

Lorence.xD

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Quote from: avikz on April 28, 2021, 12:34:49 PM

I wouldn't say that I didn't hear about REITs but never got to know about a real REIT company which can be entrusted with my money. If someone can redirect me to a proper REIT company (a genuine one) then I would try that route as well.

However, there are many HYIPs are running into the market in the disguise of real estate investment. So it is really difficult to find a genuine. Also do they accept investment from any country of the world? Or do they have any special requirement?

There might be some investment firms in your country that might be able to redirect you to someone that offers REIT, I wanted to get in to REIT too but I still have a lot of priorities to do and save enough money to get a decent return when I finally invest in it.

awik p

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Quote from: Betwrong on April 26, 2021, 08:43:22 AM

Quote from: yhiaali3 on April 19, 2021, 05:46:47 PM

I do not think that this option would be good, at least for me in my country, real estate is very expensive and it needs thousands of dollars to be able to invest in this type, I mean that the barriers to entry are very high while investing in bitcoin and cryptocurrencies is much cheaper as you can start with small amounts that can be It can reach up to 1000$, so for me investing in cryptocurrencies is much better because it needs small capital and large profit returns compared to the capital.
Of course, the investments you talked about might be very profitable, but they are not successful for anyone and they cannot work in all countries.

OP is talking about having "something apart from their bag of bitcoin", it's about diversifying. If you are an investor, it's always better for you to not bet on one horse only, you should diversify your investments. Also, you don't necessarily need to buy a real estate property by yourself, you can buy a REIT share for $10, and thus become an investor with little money spent.

diversification is necessary. this aims to minimize risk. even diversification in different areas can further secure our assets from bankruptcy. This is already being done by many entrepreneurs, and I personally just want to copy in their footsteps

avikz

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I wouldn't say that I didn't hear about REITs but never got to know about a real REIT company which can be entrusted with my money. If someone can redirect me to a proper REIT company (a genuine one) then I would try that route as well.

However, there are many HYIPs are running into the market in the disguise of real estate investment. So it is really difficult to find a genuine. Also do they accept investment from any country of the world? Or do they have any special requirement?

Betwrong

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Quote from: yhiaali3 on April 19, 2021, 05:46:47 PM

I do not think that this option would be good, at least for me in my country, real estate is very expensive and it needs thousands of dollars to be able to invest in this type, I mean that the barriers to entry are very high while investing in bitcoin and cryptocurrencies is much cheaper as you can start with small amounts that can be It can reach up to 1000$, so for me investing in cryptocurrencies is much better because it needs small capital and large profit returns compared to the capital.
Of course, the investments you talked about might be very profitable, but they are not successful for anyone and they cannot work in all countries.

OP is talking about having "something apart from their bag of bitcoin", it's about diversifying. If you are an investor, it's always better for you to not bet on one horse only, you should diversify your investments. Also, you don't necessarily need to buy a real estate property by yourself, you can buy a REIT share for $10, and thus become an investor with little money spent.

yhiaali3

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I do not think that this option would be good, at least for me in my country, real estate is very expensive and it needs thousands of dollars to be able to invest in this type, I mean that the barriers to entry are very high while investing in bitcoin and cryptocurrencies is much cheaper as you can start with small amounts that can be It can reach up to 1000$, so for me investing in cryptocurrencies is much better because it needs small capital and large profit returns compared to the capital.
Of course, the investments you talked about might be very profitable, but they are not successful for anyone and they cannot work in all countries.

Hydrogen

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Quote from: Obito on April 18, 2021, 07:15:57 AM

Maybe the Prisons supported by REITs are the private ones, not to mention that the progress when it comrs to prisons is really slow in countries. The real estate prices of this places though, I think that if the government were to put some effort in improving it will be helpfulfor the prison and the REIT itself.

Private prisons are usually funded through state subsidies. Its one sector where free markets and capitalism could inflate the overall cost of something. Rather than driving costs down as libertarians might claim occurs everywhere free markets are to be found.

There was a recent story in the news where cost per inmate statistics in new york hit a record high of $500,000. It could imply the for profit prison industry is reaping record profits in some regions. Although there is a question of long term sustainability. States like new york and california are experiencing an exodus of residents moving to other states. Migration trends dilute tax revenues which could leave them even further in debt.

Casinos by contrast could have better long term viability due to their business model and user bases being more reliable.

Betwrong

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Quote from: jaysabi on April 18, 2021, 01:11:48 AM

Quote from: fiulpro on April 11, 2021, 11:23:26 AM

Quote from: jaysabi on April 11, 2021, 12:20:23 AM

I like real estate as an asset class, and I have a lot of REIT investments because of the tax advantages of owning them. That said, I can't think of a more morally objectionable real estate class than prison REITs. Private prisons shouldn't even be a thing. Data centers are a growing and much more palatable REIT investment in my book.

It is objectionable indeed but then again the whole Government and the centralized system is corrupted and objectionable itself.

It’s a government’s job to police and run the penal system. It’s too important to delegate to a company whose main incentive is profit. We already know that private prison companies lobby for more restrictive laws because it increases inmates and and therefore profit. The only consideration when crafting laws should be what is good for society, not prison profits.

This is a horrible situation, which is definitely bad for regular citizens. However, there's a solution: government should pay the private prisons owners not for the number of inmates, but for the number of places that can be potentially occupied. ... I still think that private companies can provide better conditions for the inmates, if selected through tenders.

Obito

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Quote from: Hydrogen on April 14, 2021, 06:39:22 PM

Prisons rely on state subsidies for survival. Which could make them a less attractive investment as deficits rise and taxes are hiked to continue their existence. Based on the notion of spending and taxing ones way out of deficit and debt being fundamentally imperfect.

Maybe the Prisons supported by REITs are the private ones, not to mention that the progress when it comrs to prisons is really slow in countries. The real estate prices of this places though, I think that if the government were to put some effort in improving it will be helpfulfor the prison and the REIT itself.

jaysabi

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Quote from: fiulpro on April 11, 2021, 11:23:26 AM

Quote from: jaysabi on April 11, 2021, 12:20:23 AM

I like real estate as an asset class, and I have a lot of REIT investments because of the tax advantages of owning them. That said, I can't think of a more morally objectionable real estate class than prison REITs. Private prisons shouldn't even be a thing. Data centers are a growing and much more palatable REIT investment in my book.

It is objectionable indeed but then again the whole Government and the centralized system is corrupted and objectionable itself.

It’s a government’s job to police and run the penal system. It’s too important to delegate to a company whose main incentive is profit. We already know that private prison companies lobby for more restrictive laws because it increases inmates and and therefore profit. The only consideration when crafting laws should be what is good for society, not prison profits.

GeorgeJohn

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Quote from: paxmao on April 10, 2021, 09:15:25 PM

Again, a post about an alternative investment, for those who want to have something apart from their bag of bitcoin. If you have considered investing outside the cryptosphere, you probably thought about buying real state and, unless you have quite a bit of assets or you live in a country that is cheap, you probably figured out that it requires significant investment (technically this is called "barrier to entry").

Well, there is a simple way to invest in real state and this is called a REIT, basically funds that invest in real state and usually give a large share of any rent profit as dividends (by law). The amazing thing about these is that you are not limited to one region or country and you can invest in a variety of real state assets, for example:

For anything relating to real estate management involves capital, and it's obvious that finance is the engine block of investment irrespective the way you plan for it, many people have the intention to establish for real estate but the problem is the finance to start up with, investment is investment but the problem is how to grab the money.

satsmainman

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Although i have come across an idea like this but frankly i have never gotten to get the picture so clear like i did from this thread, well its sounds like something to consider but then again i fear there will be barriers. I fear this cannot be accessible from everywhere especially from African countries that are really underdeveloped.

Hydrogen

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Prisons rely on state subsidies for survival. Which could make them a less attractive investment as deficits rise and taxes are hiked to continue their existence. Based on the notion of spending and taxing ones way out of deficit and debt being fundamentally imperfect.

Another option is something known as "fractional real estate investment".

Where the cost prohibitive barrier to entry is divided into fractional pieces which lower dollar investors can afford. There are tokenized crypto versions of it.

Financial gurus and youtubers who brag about owning a fractional piece of casinos along with the allotted income that goes with it. Maybe an investment that is a little better than owning a piece of a prison.

franky1

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from a cost-profit numbering where least profit is first and most profit is last

home
office
retail
campsite land
carehome
prison

most to least maintenance
prison
carehome
office
retail
campsite land
home

room for expansion/multiplier.. least to most
home
retail
office
prison
carehome
campsite land

blockman

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I've been interested to invest in REITs and the ones that mostly being offered in our country are condominiums. I'm surprised to hear that you can do that with prisons and I find it odd.

Quote from: Poker Player on April 11, 2021, 01:28:20 AM

I like REITs and own some shares of Realty Income - The Monthly Dividend Company, . They do not invest in prisons but in commercial properties subject to long-term, net lease agreements.

Ideally, I will complement this in the future with a rental house, as REITs, although they are an interesting and profitable investment option, are still paper assets.

I'm thinking of it if I can't make it with REITs then that's the best option is to have an own house for rent to have passive income. Although, this needs more capital and a good location.

SaiyanSS3

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>>https://bitcointalksearch.org/topic/m.56759476
>Well it's not weaponizing but rather using their brains to get through.
Fell for this
Jail is just a room
New meme
Jail is just a REIT

sheenshane

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Quote from: Betwrong on April 12, 2021, 04:41:07 AM

Quote from: The Sceptical Chymist on April 11, 2021, 11:31:47 AM

~
I'd have no moral objections investing in a REIT that had prisons in its portfolio, though I do agree with some of the sentiments expressed here that private prisons shouldn't exist. I've heard horror stories of abuse that goes on in some of them--but I've heard many of the same stories about government-owned prisons as well. In any case, I don't choose my REITs based on the type of real estate they invest in but how much of a dividend they pay.

I'd say the same words, but in reality we can't sleep well when making profits from supporting something which is evil. Private prisons isn't a bad thing though. In many cases the inmates are getting better detention conditions than in the public sector. That's because contracts with private prison companies are signed on a competitive basis. Once all the prisons are owned by one entity, the government in our case, there's no competition, and the conditions there can worsen indefinitely. Maybe they won't, but we have to trust the government on that, while if people are imprisoned by a third party, we can trust the market.

Meh as either but my presumption is might the Prisons are 99% owned by the government.
That’s why REITS for prison isn’t really something we can tell true (legally) or happening.

On the other hand, the good thing about it is the security it can give and of course, tax benefits. Real estate is one of the secured industries and it would only take a 5-10 years recession to put it down. However, dividends from own these assets are way too far from Bitcoin trading or investment when it comes to margins.

Most of the people here seek great risks and great rewards. So I think it wouldn’t work that well here and also, most of the people here don’t want formal investments that much as they do stuff under the table IMO.

Betwrong

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Quote from: The Sceptical Chymist on April 11, 2021, 11:31:47 AM

~
I'd have no moral objections investing in a REIT that had prisons in its portfolio, though I do agree with some of the sentiments expressed here that private prisons shouldn't exist. I've heard horror stories of abuse that goes on in some of them--but I've heard many of the same stories about government-owned prisons as well. In any case, I don't choose my REITs based on the type of real estate they invest in but how much of a dividend they pay.

I'd say the same words, but in reality we can't sleep well when making profits from supporting something which is evil. Private prisons isn't a bad thing though. In many cases the inmates are getting better detention conditions than in the public sector. That's because contracts with private prison companies are signed on a competitive basis. Once all the prisons are owned by one entity, the government in our case, there's no competition, and the conditions there can worsen indefinitely. Maybe they won't, but we have to trust the government on that, while if people are imprisoned by a third party, we can trust the market.

Kittygalore

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Quote from: jaysabi on April 11, 2021, 12:20:23 AM

I like real estate as an asset class, and I have a lot of REIT investments because of the tax advantages of owning them. That said, I can't think of a more morally objectionable real estate class than prison REITs. Private prisons shouldn't even be a thing. Data centers are a growing and much more palatable REIT investment in my book.

Government owned prisons are a hell hole compared to private prisons that have the facilities, I am for a humane prison system and if private prisons will give that then I wouldn't mind that my REIT has that kind of thing.

Kong Hey Pakboy

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Quote from: fiulpro on April 11, 2021, 11:23:26 AM

Quote from: Kong Hey Pakboy on April 11, 2021, 02:49:51 AM

This is a pretty interesting way to make some more passive income stream, I really wanted to invest in real estate because I know the potential money that is in there and as time goes by, the prices of the land increases and most of my teachers told me that land is a good investment.

Yes but this is way different than a real estate investment you should read the article first before investing. After bitcoins I do think that real estate is the one which would give the most profits in the future due to increasing population.

I di watch a Youtube video about it and I do like the idea, and I don't think that there isn't much to lose here since your investment will only grow ever higher since it is a real estate.

aesma

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REITs or their equivalent can be fine, although there are plenty of shady stuff out there, so be careful what you're buying.

Corporate prisons are totally immoral and any freedom lover should hate them, however.

ChiBitCTy

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It should go without saying that if you're only investments are cryptocurrencies than you're doing it wrong. Your investment portfolio should have a sound base of basic mutual funds/ETFs etc before you start to dig in to exotic/alternative investments. I worked on the Alternative Investment team at a large Fortune 500 finance firm..so don't get me wrong I'm a big fan of them ( I really like Equity Linked Notes), but it's important to know the risks involved. REITS are solid products, but just make sure you've got other investments ..diversification is key!

Theb

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Fortunately most of the REIT companies right now are available for investment in the stock market but these types of assets are highly dependable on dividend payout rather than the price appreciation of the shares itself. Just like any other real estate companies out there for the ones receiving lease income as their main revenue you should always look at their active and upcoming projects, properties under their names, as well as to see how many active contracts they have. With regards to Prison based property REITs the main problem I am seeing is most of their revenue is coming from contracts related to the government and this is one of the riskiest thing you can handle especially if things like budget cuts and other reasons can take place that could directly affect the revenue of the prison.

The Sceptical Chymist

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Quote from: Poker Player on April 11, 2021, 01:28:20 AM

I like REITs and own some shares of Realty Income - The Monthly Dividend Company, . They do not invest in prisons but in commercial properties subject to long-term, net lease agreements.

Yep, I know of that one and used to own shares in it. I'm a fan of REIT stocks, though I don't currently have a lot of money invested in them. AGNC and DX are two of my favorites because of their high monthly dividends--I've always been a dividend investor, and getting paid every month instead of every quarter is awesome.

I'd have no moral objections investing in a REIT that had prisons in its portfolio, though I do agree with some of the sentiments expressed here that private prisons shouldn't exist. I've heard horror stories of abuse that goes on in some of them--but I've heard many of the same stories about government-owned prisons as well. In any case, I don't choose my REITs based on the type of real estate they invest in but how much of a dividend they pay.

fiulpro

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Quote from: Tytanowy Janusz on April 11, 2021, 02:28:52 AM

Yea REITs are great. Didn't invest yet but was thinking a lot about it. The problem is I think its not the best moment to invest in the majority of REITs. When whole Europe and USA is in recession (hidden under stimulus checks). Its not so easy to find something that will not be affected by panic sellers.

But won't it be a perfect opportunity to buy at a much lower price and then hold it for the long term ? This would then again work for those people only who do not mind holding for the long term but this is way different than any real world Investment in property rather its way more complicated but then again this is not available in all the countries but very limited ones only.

Quote from: SaiyanSS3 on April 11, 2021, 04:53:44 AM

When you start believing make profit out of prison, it has blown my mind, there is nothing else need to say. Low has to go even lower. Yeah it’s the brave new world, the climate change, lgbt, weaponise the inequality.

Make profit out of prison?
That's just a real world solution to help the body avoid paying taxes which is not only intellegent but would also work integrating itself in the society and helping community for the long term. Well it's not weaponizing but rather using their brains to get through.

Quote from: Kong Hey Pakboy on April 11, 2021, 02:49:51 AM

This is a pretty interesting way to make some more passive income stream, I really wanted to invest in real estate because I know the potential money that is in there and as time goes by, the prices of the land increases and most of my teachers told me that land is a good investment.

Yes but this is way different than a real estate investment you should read the article first before investing. After bitcoins I do think that real estate is the one which would give the most profits in the future due to increasing population.

Quote from: jaysabi on April 11, 2021, 12:20:23 AM

I like real estate as an asset class, and I have a lot of REIT investments because of the tax advantages of owning them. That said, I can't think of a more morally objectionable real estate class than prison REITs. Private prisons shouldn't even be a thing. Data centers are a growing and much more palatable REIT investment in my book.

It is objectionable indeed but then again the whole Government and the centralized system is corrupted and objectionable itself.

SaiyanSS3

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When you start believing make profit out of prison, it has blown my mind, there is nothing else need to say. Low has to go even lower. Yeah it’s the brave new world, the climate change, lgbt, weaponise the inequality.

Kong Hey Pakboy

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This is a pretty interesting way to make some more passive income stream, I really wanted to invest in real estate because I know the potential money that is in there and as time goes by, the prices of the land increases and most of my teachers told me that land is a good investment.

Mauser

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I wasn't aware that you could invest in prisons. Always thought they were some special companies owned partially by the county or state. This sounds very interesting. I saw in an documentary about prisons that the normal prisons are very profitable because inmates all have a job and are not getting paid a decent salary. So prisons with non life sentenced convicts have a pretty high percentage of the inmates working. The prisons that are not really profitable are the supermax ones where inmates remain in their cells all day.

Tytanowy Janusz

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Yea REITs are great. Didn't invest yet but was thinking a lot about it. The problem is I think its not the best moment to invest in the majority of REITs. When whole Europe and USA is in recession (hidden under stimulus checks). Its not so easy to find something that will not be affected by panic sellers.

Poker Player

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I like REITs and own some shares of Realty Income - The Monthly Dividend Company, . They do not invest in prisons but in commercial properties subject to long-term, net lease agreements.

Ideally, I will complement this in the future with a rental house, as REITs, although they are an interesting and profitable investment option, are still paper assets.

jaysabi

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I like real estate as an asset class, and I have a lot of REIT investments because of the tax advantages of owning them. That said, I can't think of a more morally objectionable real estate class than prison REITs. Private prisons shouldn't even be a thing. Data centers are a growing and much more palatable REIT investment in my book.

paxmao

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Again, a post about an alternative investment, for those who want to have something apart from their bag of bitcoin. If you have considered investing outside the cryptosphere, you probably thought about buying real state and, unless you have quite a bit of assets or you live in a country that is cheap, you probably figured out that it requires significant investment (technically this is called "barrier to entry").

Well, there is a simple way to invest in real state and this is called a REIT, basically funds that invest in real state and usually give a large share of any rent profit as dividends (by law). The amazing thing about these is that you are not limited to one region or country and you can invest in a variety of real state assets, for example:
- Houses
- Care homes
- Prisons (yes, you read it right).
- Office space.
- Retail space.
- other...

Also the barriers to entry are really minimal is most of these. So, there you go, another option.

Topic: Diversifying with REITs - buy a prison :) (Read 274 times)