From Forbes.com comes a great article on REIT… “A New Alternative For Real Estate Investors”
Over 50 years ago, President Dwight D. Eisenhower signed legislation that enabled small investors to make investments in large-scale, significant income-producing real estate.
This law, named the REIT Act, combined the attributes of mutual funds and real estate investments allowing average investors to pool their capital and invests in large scale, diversified portfolios of income-producing real estate.
Read the whole article here.