Brad Thomas, real estate expert, analyst, and CEO of Wide Moat Research, was a guest of Nareit’s REIT Report podcast.
In this latest episode, Thomas discusses many of the themes and topics that appear in his newly released book, REITs for Dummies, including the increasingly important role played by proptech within the sector.
“We've seen proptech throughout most every property category, in multifamily, self-storage, you name it. Every sector has some proptech component, which is really an interesting part of this innovation…it's really helped these companies grow and produce more earnings,” Thomas says.
A key theme of the book, Thomas says, is the sheer variety of property types in the REIT sector today. He urges investors not to “paint all these REITs by the same brush.”
Thomas notes that the book aims to “cast a very wide net,” from beginners to dedicated REIT investors. Topics include the history of REITs, sector characteristics, global REITs, understanding key terms such as NAV and FFO, taxation, ETFs, how to build a REIT portfolio from the ground up, and more.