ʻO ka mea pōʻino, he nui nāʻoihanaʻoihana pāʻoihana i kūʻai ma waena o $ 2 a $ 15 miliona. Hiki i nā hale noho hanohano a me nā'enele kiʻekiʻe ke makemake i $ 30 i $ 60 miliona aʻoi aʻe paha.
ʻOiaiʻo ka hapanui o kēia mea i uku kālāʻia me ka ukuʻana,ʻo ka uku kūpono e ponoʻole ana eʻoi aku ana ma mua o ka mana o ka mea e pono ai nā mea waiwai a pau.
ʻO kaʻeuanelio maikaʻi? ʻO kēia mau lā, aia kahi ala'ē aʻe e hoʻolālā ai i nā hokele. Hiki iāʻoe ke kūʻai aku i nā REITs hōkele ma kāu pūkekekekekeka me keʻano likeʻole e kūʻai mai aiʻoe i nā kikoo , nā kākoʻo , aiʻole nā kālā like . ʻO ka mea mua, e hoʻi hou a kamaʻilio e pili ana i nā REIT no kekahi manawa. Inā ua poina iāʻoe aʻaʻole paha i aʻo iā lākou, kahi mālama waiwai waiwai waiwai, aʻo ka REIT heʻano hilinaʻi kūikawā e pili ana i ka loaʻa a me ka mālamaʻana i nā waiwai waiwai a me nā waiwai pili waiwai.
ʻO kekahi o nā mea e hoʻokaʻawale ana i nā REIT mai nāʻahahui kūikawā,ʻo ia ka Hui i hōʻole iā lākou i kaʻauhauʻole i hāʻawiʻia i ka hāʻawiʻiaʻana o kekahi mau koʻikoʻi kūpono, aʻo ka hapa nui o ia mea ka hoʻokaheleʻana o 90% o nā waiwai a pau ma keʻano o ka māhele kālā. i nā mea kūʻai.
ʻO kēia ke hana nui iā REIT i nā hāpai kaʻina waihona a me keʻano hoʻi o ka hāʻawiʻana i nā kumukūʻai momona nuiʻoi aʻe ma mua o ko lākou mauʻokoʻa waiwai .
ʻO ka lalo? ʻAʻole nā "hoʻokomo pili pono" REIT ma lalo o kaʻauhauʻauhau,ʻo ia hoʻi, e auhauʻiaʻoe me he mea lā he kālā loaʻaʻole,ʻaʻole ma ka lalo,ʻaʻohe ka nui o kaʻauhau auhau .
I ka manawa e hoʻomaka aiʻoe e kūkulu i kekahi kōkole waiwai nui, hiki i kēia manawa ke pilikiaʻoe inā kūʻai nuiʻoe ma o Roth IRA , SEP-IRA , 401 (k) , aiʻole kahi haleʻauhau'ē aʻe, no ka mea e hiki iāʻoe ke hoʻokumu i ka'Ileʻa Loaʻa KākiʻonaʻOiʻole UBIT . He kūkāʻokoʻa kēlā no kekahi lā'ē aʻe.
Hotel REITs a me ka REIT REIT aiʻole he REIT mea nui i ka Leasing Mall Space
E like me nāʻokoʻa o nāʻoihana likeʻole o nāʻoihana a me nā lālā , hiki i ka REIT keʻano nui ma muli o keʻano o kaʻoihana waiwai e hoʻolaha ai lākou.
ʻAʻole kēia he lono i nā mea kūʻai waiwai waiwai i maʻa mau i ka loaʻaʻana o ka waiwai - no ka mea,ʻike lākou mai kaʻike mua, heʻanoʻokoʻa keʻano o ke keʻena hale ma kahi keʻena keʻena a hale waihona paha e pili ana i ka hoʻomehana waiwai, nā loina, nā hana, nā kānāwai, a me nā pūʻali koa e hana - akā i kekahi manawa he mea hōʻeha ia i nā mea hou e loaʻa ana i ka waiwai ma o nā hoʻolaha kūʻai kālā.
ʻAʻole lākou i maopopo e hiki i kāu keʻenaʻoihanaʻoihana REIT ke hoʻolimalima i nā ukali maʻamau i ka wā o ka hoʻolālā a me ka wā o ka hoʻolālā, akā, hiki i kaʻoihanaʻoihanaʻoihana REIT ke kūpaʻa i ka hikiʻole ke paniʻia ka locacapa. kekahi mea e like me ke kūkulu hale.
ʻO keʻano o ka papa waiwai .
ʻO kekahi kahi kūʻokoʻa kūʻokoʻa i loko o kaʻoihana hoʻokele waiwai waiwai,ʻo ia ka hōʻailona REIT. ʻOiai e hiki paha iāʻoe ke hōʻike mai i ka inoa,ʻo ka hotel REIT ke nānā aku i ka hoʻolālā, mālama, loaʻa, a hoʻokaʻa kālā paha i nā hale hōkele a me ka waiwai hoʻokipa.
Hiki i kēia mau mea ke hōʻea mai i ka hale kūʻai kālā ma kaʻaoʻao o nā alaloa a me nā alanui o ka moku i loaʻa i nā hōʻailona hanohano heʻelima-lima i kekahi o nā hoʻokipa, ka pāʻani, a me nā poʻo'āinana o ka honua. Hiki iā lākou ke komo i ka hoʻomohalaʻana a me ka mālamaʻana i ka waiwai, e uku ana i kahi hui alakaʻiʻekolu e mālama pono i ka holo pololeiʻana o ka hōkele no ke kālā .
Hiki iā lākou ke nānā nui i ka mālamaʻana i nā hale hōkele o nā kānaka'ē aʻe no kaʻokiʻana i nā kālā. Hiki iā lākou ke hoʻokomo i ka hoʻolālāʻana i nā hana hoʻolālā, e hana ana i nā kālā likeʻole i loaʻa .
Ponoʻoe e hoʻomaopopo i kāu waiwai a iʻole e pale aku anaʻoe i kāuʻike waiwai paʻakikī.
ʻO ka REITs Hotel he mea mahalo nui no ka mea e pili ana ka nohoʻana o ka hōkele i ke kūlana o ka nohona o ka nohona. I ka wā e hoʻolālāʻia ai, hoʻolaha nāʻoihana i nā kumukūʻai holoholo, e makemake ana i nā hālāwai pūnaewele a iʻole nā kelepona. Hiki i nāʻohana a me nā hui ke hoʻolōlā i nā hoʻomaha, e pili kokoke ana i ka home.
No ka REIT hale hōʻai'ē, pinepine kēia i ka maloʻo o ke kālā i ka manawa hoʻokahi e ala mai ana nā huaʻai a loaʻa iāʻoe nā haʻahaʻa i ka waiwai o nā māhele a mau mea. I ka hoʻololiʻana, i ka wā e hoʻololiʻia ai nā mea, hoʻonuiʻia ke kālā i kekahi manawa ma luna o ka hale a loaʻa iāʻoe kēia mau hōʻailona kalapili a me nā kumukūʻai kūʻai. Heʻokoʻa loa lākou i nā mea pale o ka honua e hoʻopuka wale ana i nā kālā e like me ka clock clock, i kēlā hanauna i kēia hanauna; nāʻoihana e like me Colgate-Palmolive aiʻole Nestle. E nānā kākou i kahi'ōnaehana kūwaho maoli e hōʻike i kahi e hoʻohanaʻia ai kahi hokele REIT maʻamau.
Pehea e hoʻonuiʻia ai kahi Real Hotel REIT i loko o ka hōʻiliʻili waiwaiʻo 2008-2009
ʻO ka Hospitality Properties Trust kahi hoʻolālā REIT nona 291 mau hale hōkele, a he 43,976 mau lumi aiʻole nā wahi, a he 185 aʻoi aku kaʻoihana i hoʻokeleʻia. E like me ka waihoʻana o SEC, aia kēia mau waiwai ma nā moku'āina he 44 maʻAmelika Hui Pūʻia, Kanada, a me Puerto Rico.
E hoʻolālā ana ka hotel REIT i kona hotel portfolio ma lalo o kahi hōʻiliʻiliʻokoʻa o nāʻaelike pili kālā, e like me Hale Hōkūloa, a me Candlewood Suites, Residence Inn by Marriott, Royal Sonesta, Sonesta, Hilton Waikiki, Hyatt Place, Crowne Plaza Hotels & Resorts, Wyndham Grand, Wyndham Hotels & Resorts, Sonesta ES Suites, InterContinental Hotels & Resorts, Marriott Hotels & Resorts, the Clift Hotel, Radisson Hotels & Resorts, TownePlace Ohana by Carlson, Holiday Inn Hotels & Resorts, SpringHill Suites by Marriott, a me Park Plaza Hotels & Resorts.
I nā makahiki he nui i mua o ka hoʻokaeʻana o ka waiwai waiwai i ka hoʻokele waiwai i loko o ka hapa nui loaʻana mai ka wā nui loa o ka pilikia, ua hoʻolālāʻia ka hotel REIT e nā mea waiwai. I ka makahiki 2004, ua loaʻa iā lākou he $ 2.88 kālā ma ka pāʻani, ma ka makahiki 2005, $ 2.89 kālā ma ka pāʻani, ma ka makahiki 2006, $ 2.94 ka uku o kēlā me kēia mahele, i ka 2007, $ 3.03 ke kālā o ka uku, ma ka 2008, $ 3.08 ke kālā ma ka pāʻani.
I ka halaʻana o ke ao waiwai, akā, ua hāʻule nā hōkele hale hōʻailona ma kahi pali. Ua hoʻopauʻia nāʻaha hoʻolālā a ua hōʻemiʻia nā kahele kālā, a ua emi iho i ka $ 0.77 ma kēlā me kēia pāhele, he emiʻana o 75%. Ināʻoe e hilinaʻi nei i kēlā kālā e uku i kāu mau kīwila, uaʻike kokeʻoe ua hoʻokuʻuʻia i ka manawa pono loa iāʻoe.
Ke kūʻai lapuwale nei i kā lākou mau kumukū (hou, ināʻoe i kahi hoʻolālā REIT pono eʻikeʻoe heʻano kēia a me ka māhele o kaʻike lanakila), ua emi iho nāʻili i kahi $ 51.50 i ka 2006 a hiki i kahi $ 6.90 i ka makahiki 2009.ʻO kēia 86.6% drop in the ua hoʻohuiʻia ke kumukūʻai kūʻai i ka hōʻino i ka hōʻeha o kaʻokiʻoki nui i kāu kālā passive .
He aha ka mea i hanaʻia i nā mea hoʻolale kālā hoʻopuka iʻike i keʻano o ka hokeleʻo REIT? Ua noho lākou ma kā lākou'ōleloʻana ma hope o lākou, e nānā ana i nā'āpana kālā e piʻi i $ 1.96 i kēlā me kēia mahele me ke kumu kūʻai kālā no $ 32.46. ʻOiaʻiʻo,ʻaʻole kokoke i nā makahiki maikaʻi akā no ka manawa kūpono kūpono, ua lanakila ikiʻoe i ka hoʻonuiʻana ma hope o kaʻauhau, e hoʻomau i kou mana kūʻai .
Ua kūʻaiʻoe i ka pale waiwai waiwai heʻumi makahiki i hala, e uku ana ma waena o $ 26.50 a me $ 42.40 ma ka pāʻani. I kēlā manawa, ua hōʻiliʻiliʻoe i $ 24.83 a pēlā paha ma ka hāʻawi kālā. Ināʻoe akamai a reinvested kēlā mau mea hoʻopuka i ka manawa o ka pilikia, ua lilo lākou i hoʻokahi mea hoʻonaʻauao kālā i kapaʻia he "hoʻokele wikiō", e hana ana i nā helu he 100% o ka uku ma kēlā me kēia helu a hoʻopiliʻia paha i ka kūʻaiʻana i nā kālā'ē aʻe no ka māhele ka hōʻoiaʻana ma kaʻoihana kūʻai.
E hoʻohālikelike i ka hokele REIT ma kahi mea like me kahi REIT hanahana. ʻOiai me ke kaʻawaleʻana o ke ao nei,ʻaʻole makemake nā pakihi e haʻalele i ko lākou mau hale kūʻai, nā hale kūʻai, a me nā hale hana. Eia hou, pinepine lākou (ʻaʻole hiki i nā manawa) ke uku aku i nā palapala hoʻolimalima ma muli o nā kānāwai pili pono inā pahaʻo ka hope pono'ī ka mea nāna e kūʻai. I loko o ka hoʻokahe likeʻana,ʻo ka REIT hanahana likeʻole me EastGroup Properties iʻokiʻoki i ka uku.
Ua lilo ka waiwai i $ 48.54 i $ 24.58, he emi iho o 49.36% wale nō,ʻaʻohe mea'ē aʻe ma mua o nā kumukūʻai kūʻai kūʻai, e like me ka Dow Jones Industrial Average a me ka S & P 500! Ma muli o ke kaheʻana o nā waihona waiwai, a me ka hopena o ka hopena o kaʻoihana kūʻai, he mea mahalo loa. He mea maʻalahi paha? He $ 59.32 ka nui o nā kālā i kēia manawa, no laila, he $ 10.78 waiwai waiwai kūponoʻole , aiʻole 22% + ma ke kumukūʻai ma luna o kēlā mau māhele a pau āu i hauʻoli ai.
ʻO nā hopena no ka Hotel REIT mea kālā keʻike
ʻEhā ala nui e hiki ai iāʻoe ke kuhikuhi i kahi hōʻailona REITs inā makemakeʻoe e loaʻa iā lākou:
- Ke kūʻai wale nei i nā pōkole o ka hōʻai'ē REIT ma ka wā kūʻai o ka'akena kūʻai , keʻanoʻokoʻa loa i kāu kālā index a iʻole nā kuleana'ē aʻe āu i hoʻolālā ai no ka paʻa mau loa . ʻO ke kumu kūʻai o kāu kumu kūʻai, hiki i ka wikiwiki hiki ke hoʻokaʻawale i kāu kumukūʻai kūʻai ma nā'āpana kālā ināʻoe e hoʻolālā i ka hoʻolālāʻana i kēlā kālā ma kahi'ē aʻe.
- ʻO ka manawa maʻamau o ke kālā i ka hōʻailona REITs ,ʻikeʻoe i kekahi manawa, e kūʻai anaʻoe i kahi manawa kūpono loa akā e hilinaʻi ana i nā kiʻekiʻe a me nā lows, me nā kīʻaha hou, e kau i nā mea a pau i waho noʻoe no ka hoʻihoʻi pihaʻana . No ka hapanui o nā kānaka, heʻoi aku paha ka maikaʻi o kēia no ka hoʻolālāʻana i ke kumukūʻai o nā makai, ma keʻano paha i ka huiʻana me ka hoʻololiʻana .
- E koho . Ke hāʻule nei kaʻoihana hōkele, kūʻai aku i ka hōʻailona hōʻoluʻolu a hiki i ka hoʻiʻana mai o nā makahiki pahu, a laila e hoʻokuʻu iā lākou inā i pau ka piʻiʻana. ʻO nā kūlana o ka holomua lōʻihi maʻaneʻiʻaʻole nui kēia ināʻaʻole hiki iāʻoe ke hoʻomaopopo i kaʻoihana hōkele me ka hōʻailona ponoʻole i ka REIT e like me kāu e hana ai ināʻoe e hoʻolilo nei i ka miliona miliona no ke kūʻaiʻana i kahi waiwai, akā, nā kānaka waiwai kālā ma waho ma laila me ka hiki iā lākou ke hana ma ka hoʻolālā kohoʻana, inā hiki iā lākou ke ola me ke kūʻaiʻana koke a kūʻai paha i ke kakahiaka, i kūpono e loaʻa i nā mea hoʻolale kālā, i konaʻano holoʻokoʻa. aiʻole ka manaʻo nui o kēlā manawa kēia manawa.
- E kiola i loko o kaʻahu a kūʻai i kekahi mea e like me Vanguard REIT Index Fund , e hui pū nei i nā REIT likeʻole, e like me ka REIT hōkū, ma keʻano o kahi kōpiliʻoihana. Loaʻa ka loaʻaʻana o ka'eneke puka haʻawina ma muli o ka manaʻoʻana ua kūpono ka waiwai i hoʻokuʻuʻia,ʻo ia keʻano o kāu hana.
ʻO ka hopena,ʻo ka hotel REITsʻaʻole ia he maule o ka puʻuwai. Ināʻaʻoleʻoe iʻike i kāu hana, e hele maʻalahi.