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Is real estate investment trusts a good career path?

Question:

Is real estate investment trusts a good career path?

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Answer:

Real estate investment trusts, or REITs, are investment vehicles that allow individuals to own part of a diversified real estate portfolio that may consist of residential and commercial leases, as well as large scale construction projects. There is a large market for this industry, valued at $213 billion dollars, and over 8,500 business employ nearly 150,000 people. Within this massive industry, there are several different roles that one can take on, each leading to different salaries and career outlooks. Some of the more common positions within the industry include financial analyst, accountant, and property manager. In general, the average salary for a person working in the REIT industry is $74k, but since there are such a wide array of positions that one can take within the industry, it is best to determine which job you wish to hold and then look further into the specifics and career outlook of that career path.

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