Investing in real estate – whether by purchasing properties directly or investing in real estate investment trusts (REITs) – can be appropriate for some investors, but not for others. It all depends on your goals, timeline, risk tolerance and tax situation. To find the best answer for you, you’ll probably want to consult a financial advisor. We suggest using a financial advisor who is willing to act in a fiduciary capacity.
The booklet Selecting a 403(b)/457 Advisor & Understanding Plan Fees offers a wealth of information about finding an advisor and includes information about the role of a fiduciary as well as a list of questions to ask when selecting an advisor. Be sure to take it with you when you interview advisor candidates. You may also want to read Choosing a Financial Advisor at CTAinvest.org.