Owning land was for royalty in the past. Common folk like you and me will work the lands while the landlords will reap the fruits of our labour – the definition of passive income in feudal times.

Fast forward to the 21st century, and we still hold on to that mindset – passive income comes from renting out land.

We still hold on to the belief that investing in property is the best form of generating secure passive income streams.

If only we had the means to buy more land.

Then came the introduction of REITs.

Real Estate Investment Trust

In 1960, the U.S. Congress established REIT, which gave investors access to income-producing real estate.

A REIT is a particular company, publicly listed, that owns and manage income-generating real estate. It raises capital from investors via shares to finance, purchase and operate real estate. In return for tax benefits, REITs distribute a