SPG - The Man Who Lived Like A REIT

Co-produced with R. Paul Drake

Meet Mr. Tibbs

Let us introduce you to a man who lives like a REIT. We will call him Mr. Tibbs.

By REIT we refer to a Real Estate Investment Trust, of the type that invests in properties and functions as a landlord. A typical REIT holds dozens of properties and has hundreds to thousands of tenants.

Mr. Tibbs has a steady income of $260k. Perhaps he has a solid job, or perhaps an annuity. This is not important for now.

Mr. Tibbs is a very lucky fellow. In 2015