When a seasoned real estate investor like Ross Meredith admits to being scared, you know it's time to do your homework before leaping back into a battered market.
Meredith, a 63-year-old retired bank examiner from Salt Lake City, has traded shares of real estate investment trusts for more than three decades. REITs are companies that own, and often operate, income-producing real estate. If you own REIT shares, you can buy into the commercial real estate market, without worrying about keeping tenants or wheeling and dealing in huge sums like Donald Trump.
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