Hook
More breakout videos from this creator.
A reet is literally a package product like a shell and we fill it with real estate, okay? That's the thing. We fill it with real estate, okay? And what happens is the value of the real estate goes up or down. So that causes the reet to go up or down. So like I explained it this right. So back on March 13th, 2020, you know what happened on March 13th, 2020, two weeks for the cure, okay? And that was a lie. But everyone started moving to Florida. And I was like, okay, that's what I was going to do. I'm going to move to I'm going to I'm going to start buying property in Florida. But I'm a poor fuck. So I can't afford property. So I bought reets. So I bought a reets. I bought South Florida reets. I I went and I bought them and they invested in tons and tons of property in South Florida. So I made money as well up. So the point here is that reets buy property and then go up and down based on the property. Now, understanding that, they trade on an exchange unless they say a list. So they're very liquid. Remember that, they are liquid, okay? You can buy and sell them. So if is to sell in their real estate and want to stay in real estate but be liquid, they can sell the property by the. It's either an equity where you make money off the rents and the the property or it's a mortgage where you make money off the mortgage interest of the mortgage.