Ngelishwa, amahotele amaninzi ezoshishino ahlawula kwindawo ephakathi kwe-$ 2 kunye ne-15 yezigidi. Ihotele ze-Luxury ne-upscale zifuna i-$ 30 ukuya kwizigidi ezingama-60 okanye ngaphezulu.
Nangona uninzi lwalo luxhaswa ngemali ngetyala, ukulingana okufunekayo kwintlawulo kusekho ngaphaya kommandla wokubakho ngokubanzi kwabo bonke abatyalo-mali.
Iindaba ezilungileyo? Le mihla, kukho enye indlela yokutshala imali kwiehotele. Unokuthenga ii-REIT kwi- akhawunti yakho ye- brokerage ngendlela efanayo yokuthenga izitokethi , iibhondi , okanye iimali ezihlangeneyo . Okokuqala, ke, masibuye siphinde sithethe nge-REIT okwesikhashana. Xa ukhe ukhohliwe okanye ungazange ufundisise, i- trust ye-investment real estate, okanye i-REIT yinto ekhethekileyo ye-corporation ijolise ekufumaneni nasekulawuleni i-real estate kunye ne-asethi enexabiso elifanelekileyo.
Enye yezinto ezahlula ii-REIT ezivela kwiinkampani eziqhelekileyo kukuba iCongress yabenza baxolelwe kwiintlawulo zenkampani zanikezelwa iimeko ezininzi ezincinci, ezona zichaphazelekayo zokusasazwa okungenani kwi-90% yazo zonke iirhafu ngendlela yemali yesabelo kubanini bempahla.
Oku kwenza ii-REIT zivelele kakhulu kwiintembelelo zentengo kodwa zibonisa ukuba zithatha ukunikezela ngokuvelisa izivuno ezingaphezulu kwee -stock-blue zabo.
Umgca? UKUHLAWULWA kweempahla "akuzuzi izabelo ezifanelekileyo" phantsi kwekhowudi yentlawulo, oku kuthetha ukuba uza kuhlawulwa irhafu ngokungathi ziyimali engenayo yesiqhelo, kungekhona kwixabiso eliphantsi, elithe lahlawula irhafu .
Emva kokuba uqale ukwakha iphothifoliyo enkulu, ngezinye iimeko kunokukufumana ingxaki xa uthengela kakhulu kwiRoth IRA , SEP-IRA , 401 (k) , okanye enye indawo yokukhusela yentela, njengoko unokubangela iNkxaso yeNgeniso yeNtsebenziswano engabandakanyekanga okanye UBIT . Le ngxoxo eyahlukileyo kwimihla eyahlukileyo.
I-REITs vs vs Apartment IKHETHO okanye i-REIT ebonakalayo kwi-Leasing Mall Space
Njengokuba izitokisi kumashishini ahlukeneyo kunye namacandelo aneempawu ezahlukahlukeneyo zobungozi, ii-REIT ziyahluka kakhulu ngokuxhomekeke kwiprojekti yepropati yokuhlala.
Oku akuyiyo iindaba kubaphathi-mali abasemagqabini abaqhele ukufumana impahla ngqo-njengoko bayayazi kumava okuqala, isakhiwo sezindlu sichaphake kakhulu kwi-ofisi yesakhiwo okanye izakhiwo zokugcina ezisekelwe kwi-economic, imithetho, kunye nemikhosi emsebenzini - kodwa ngamanye amaxesha kuza ngokumangalisa kubatyalomali abatsha bafumana i-real estate ngokubambisa i-securities.
Abaqondi ukuba i-ofisi yakho yokuthengisa i-REIT ingaba namazinga okuqeshisa amaqashiso njengoko ilandela ukujikeleza kwe-boom kunye ne-bustle, kodwa i-store yakho ye-INDITI ingaba yinyani kakhulu njengoko ukugqithiseleka kunokuvalwa kunye neendleko zokugcina ubuncinane ngokukhawuleza kunokuba kunokwenzeka into efana nesakhiwo sezindlu.
Luhlobo lwentengiso yeklasi .
Elona lincinci elincomekayo kumboniso-mali we-real estate yi-hotel REIT. Njengoko unokuthi ugqithise igama, i-hotel REIT zijolise ekuphuhliseni, ekulawuleni, ekufumaneni, okanye ekuxhaseni amahotele kunye neepropati ezinxulumene nezihambi.
Ezi zinokuhlula kwiingeniso zeebhajethi ezikwe kwicala leendlela ezikhohliweyo kunye neendlela zombuso ukuya kwiindawo zokuhlala ezidityaniswe ne-diamond kwezinye izinto zokuzonwabisa, ukugembula kunye neentloko zelizwe jikelele. Bangabandakanya ukuphuhlisa nokuhlala kwipropati, ukuhlawula iqela lolawulo lweqela lesithathu ukujongana nokusebenza kwangempela kwehotele ngokutshintshana ngenxaxheba yengeniso .
Baya kugxininisa kakhulu ekulawuleni ezinye izakhiwo zeehotele zabantu ngenxa yokunciphisa ingeniso. Zingabandakanya ukuxhasa iiprojekthi zeehotele, ezisebenza ngokukodwa njengotyalo-mali olusisigxina .
Ngokuqinisekileyo kufuneka uqonde ukuba ungowakho okanye ubeka ingozi ekulondolozeni kwakho okunzima.
I-REIT iyaziwa ngokungaqhelekanga kuba indawo yehotele ihambelana nemeko yezoqoqosho jikelele, eyenza ibe nefuthe kakhulu ekunyukisweni nasekukhutshweni. Xa ukuhlaselwa kwemali kuhlasela, amashishini ahlawula iibhajethi zokuhamba, ukhetha i-video conferencing okanye umnxeba, endaweni yoko. Imindeni kunye nemibutho ikhefu emva kwexesha, ukuhlala kufuphi nekhaya.
Ku-hotele UKUHLELA, oku kudla ngokubhekisa ukuhamba kwemali ngexesha elifanayo izivuno ziya kunyuka ukwenzela ukuba ufumane ukuhla kwehla kwamanani okanye izabelo. Ngakolunye uhlangothi, xa izinto zijika, ukuhamba kwemali ngamanye amaxesha kuqhuma uphahla ukwenzela ukuba ufumane ukuhlawula ngokukhawuleza kunye neemali zorhwebo. Zihluke kakhulu kwiintlanga zehlabathi ezithi ziphephe nje ngemali njenge-clockwork, isizukulwana ngesizukulwana; amashishini afana neColgate-Palmolive okanye iNestle. Makhe sijonge umzekeliso wehlabathi wenene ukubonisa indlela i-HOTEL REIT isebenza ngayo.
Indlela i-Real Hotel i-REIT Yenziwe Ngethuba Ngomhla we-2008-2009 woQoqosho lwezoQoqosho
I-Properties Properties Trust ihotele INCEDO yokuba neehotele ezingama-291, ezibandakanya amagumbi angama-43,976 okanye ama-suites, kunye namaziko okuhamba amaziko angama-185 okanye aqeshisiweyo. Ngokwezicatshulwa ze-SEC, ezi ndawo zifumaneka kuma-44 ase-United States, eCanada nasePuerto Rico.
Ihotele INDLELA isebenza kwiphothifoliyo yehotele phantsi kweentlobo ezahlukahlukeneyo zezivumelwano zentengiso, kuquka i-Courtyard by Marriott, i-Candlewood Suites, i-Residence Inn nge-Marriott, i-Royal Sonesta, i-Sonesta, i-Staybridge Suites, i-Hyatt Place, i-Crowne Plaza Hotels & Resorts, i-Wyndham Grand, i-Wyndham Ihotele I-Sonesta ES Suites, i-InterContinental Hotels & Resorts, ii-Marriott Hotels kunye neeRishi, i-Clift Hotel, i-Radisson Hotels & Resorts, i-TownePlace Suites nge-Marriott, i-Hawthorn Suites, i-Country Inns & Suites ne-Carlson, i-Holiday Inn Hotels & Resorts, i-SpringHill Suites Marriott, kunye nePark Plaza Hotels & Resorts.
Kwiminyaka yokuqala ngaphambi kokuba i-estate collapse ichithe uqoqosho kwiimeko ezimbi kakhulu ukususela kwi-Depression enkulu, le hotele i-REIT yenze i-distributions ye-fat. Ngo-2004, bafumana imali engama-2.88 ngemali yesabelo ngasinye, ngo-2005, i-$ 2.89 ngemali yesabelo ngasinye, ngowama-2006, i-$ 2.94 yemali yesabelo ngasinye, ngo-2007, i-$ 3.03 yemali yesabelo ngasinye, ngowama-2008, i-$ 3.08 ngemali yesabelo ngasinye.
Xa ihlabathi lezemali lahlukana, nangona, ukubhuka kwehotele kwawa kwinqaba. Iingqungquthela zoshishino zachithwa kwaye ukuhanjiswa kwemali kwahlulwa, kwehla kwi $ 0.77 ngesabelo ngasinye, ukuhla kwe-75%. Ukuba uthembela kuloo mali ukuhlawula iibhilikhwe zakho, ngokukhawuleza wafumanisa ukuba yayiphumile ngexesha lo mfuneko kakhulu.
Ukuthengisa ngokugqithiseleyo izigxobo zabo (kwakhona, ukuba unayo ihotele FUNDA ufanele ukwazi ukuba le nxalenye kunye nephasela lobunikazi bunikazi), izabelo zahlehla ukusuka kuma-51 ukuya kuma-51.50 ngo-2006 ukuya kwi-$ 6.90 kuphela ngo-2009. Ixabiso lentengo longezelelwe ukuhlambalaza ukulimala kwinqanaba eliqingqiweyo kwimali yakho engenayo .
Yintoni eyenzeka kubatyala-mali abaqingqiweyo abaye baqonda uhlobo lobume be-hotel? Bahlala kwiimvelaphi zabo, bebukele ukusabalaliswa kwemali ukunyuka kwi $ 1.96 ngesabelo ngasinye ngexabiso lempahla ye-$ 32.46. Ngokuqinisekileyo, akukho ndawo kufuphi neminyaka emihle kodwa ngexesha elincinci lokwenyanyeka, utshabalalisa ngokunyuka kwexabiso lentlawulo emva kwentela, ukugcina amandla akho okuthenga .
Uthenge ukukhuseleka kwezindlu eziyiminyaka elishumi edlulileyo, ukuhlawula phakathi kwe-$ 26.50 kunye ne-$ 42.40 ngesabelo ngasinye. Ngaloo xesha, uqokelele i-$ 24.83 ngemali nangokwabiwa kwemali. Ukuba ubuhlakani kwaye uvuselele loo mahlulo ngexesha leengxaki, baba yiyiphi imfundo yezemali ekubhekiselele kuyo ngokuthi "i-speed accelerator", eyenza amanani amaninzi eepesenti ngenzuzo kwisheke ngasinye okanye idiphozi ehlwayelwe ekuthengeni izabelo ezongezelelweyo ngenxa yeengxenye ukubuyisela kwixabiso lemarike.
Ukwahluke kwehotele FUNDA ngento enjenge-industrial REIT. Nangona ihlabathi lihlukana, amashishini akafuni ukuphuma kwiindawo zokugcina iimpahla, amaziko okuthumela, kunye namafektri. Ukongezelela, bahlala behlala (abanako ukuhlawula iikhontrakthi zokuqeshisa abazithenga ngokusemthethweni nangona i-firm itself ngokwayo ihlawuleka. Ngethuba lokuxhatshazwa okufanayo, i-industrial REIT efana ne-EastGroup Properties ayizange ichithe isabelo.
Isitoksi sehlile kwi $ 48.54 ukuya kwi-24.58 yezigidi, ukuhla kwe-49.36% kuphela, okwakungeyona nto eyahlukileyo kunamaxabiso emakethe emasheya, ezifana ne- Dow Jones Industrial Average kunye ne-S & P 500! Ukunikezelwa kohlobo lokubambisa, kunye nendlela echaphazela ngayo ixabiso lentengiso, liyamangalisa kakhulu. Eyona nto imangalisayo? Izabelo zenzelwe i-59.32 yeeRandi ngoku, ngoko unayo imali eyi-$ 10.78 engenayo imali , okanye i-22% + kwisitokhe ngokwayo kuzo zonke ezo ntlawulo oye zazinandipha.
Impembelelo ye-Hotel REIT Abanini-mali batyhile
Kukho iindlela ezine eziphambili onokuzifumana ngokufanelekileyo ekufumaneni i-REIT zeehotele ukuba ufuna ukuzibamba:
- Ukuthenga kuphela iibhloko zeehotele EZIPHAKATHI ngexesha lokuthengiswa kwemakethe , ukuphatha kakubi kakhulu kwiimali zenkcazo okanye ezinye iimpahla ozicwangcisayo ukugcina ngonaphakade . Ixabiso eliphantsi kwexabiso lakho, ngokukhawuleza unako ukukhupha intengo yakho yokuthenga emva kweemali ezixabisekileyo xa uceba ukutyalomali loo mali kwenye indawo.
- Ngokuqhelekileyo idola yeendleko eziqhelekileyo kwi-hotel REIT , ukwazi ukuba ngamanye amaxesha, uya kuthenga ngexesha elibi kakhulu kodwa ukuthembela kwiindawo eziphakamileyo kunye neentsikelelo, ezidibaniswe nezihlawulelo ezibuyisiwe, ziza kulinganisela zonke izinto zibuyele kuwe ngokubuyisela ngokupheleleyo . Kwabaninzi abantu, oku mhlawumbi indlela engcono njengokuba idola libiza indleko ngokukhawuleza linciphisa umngcipheko wemakethe ye-stock, ngokukodwa xa idibene nokudibanisa .
- Cacisa . Xa ishishini lehotele liyehla, zithengela ii-REIT zeehotele uze ubuyele iminyaka yobudala, uze uzilahle ngaphandle kokuba ziphela ziphezulu. Iingxaki zokuphumelela kwexesha elide apha azikho ezinkulu ngaphandle kokuba unako ukuqonda imboni yehotele ngokucacileyo kwaye uphatha ukufumana okufunyenweyo kwe-REIT ngendlela efanayo ukuba uya kuchitha xa uchitha izigidi zeedola ukuthenga ipropati ngqo, kodwa kuncinci abantu abaxhaswe ngemali ngaphandle apho banokukwazi ukukwenza ngokuxhomekeke kwixabiso, xa benokuhlala ngokuthenga ngokukhawuleza okanye ukuthengisa kusasa kakhulu, okuza kwenzeka ukuba banikwe abatyali-mali, ngokubanzi, banomkhuba wokuba nethemba okanye ukungathembeki ngexesha elide.
- Phonsa ithawula kwaye uthenge into efana ne-Vanguard REIT Index Fund , edibanisa i-REIT ehlukeneyo, kuquka i-REIT yeehotele, njengenxalenye yephothifoliyo eyahlukeneyo. Unesivuno esahlukileyo esincinci kodwa ukuba ucinga ukuba umngcipheko oncitshiswayo ufanelekile ukuthengiswa kwee-trade-off, kusenokuba yindlela enokuqonda ngayo.
Kwimeko nayiphi na into, i-HOTEL REIT ayiyiyo intliziyo ephazamisayo. Ukuba awukwazi oko ukwenzayo, hamba ngokulula.