anyone has experience with those? what are some of the other downsides besides the obvious interest rate/housing market/economy. i am looking at basically 2 types of reit: 1) leveraged mortgage that pays a dividend of ~13% annual 2) standard reit that holds the properties and rent them out that pays a dividend of ~7% annual. Really banging my head trying to figure out where to allocate my retirement account as my company has strict policies about buying individual company stocks and reit is not part of that restriction. But it just seems too good to be true, the only other downside i was able to find is those are taxed at your income rate not as capital gains, since reit are required to payout 90% net profit and not taxed by the govt, so the 15% cap capital gain due to double tax doesnt apply.