REITs allow investors to gain exposure to real estate without buying physical property. They trade like stocks, offer dividend income, and provide portfolio diversification through commercial, residential, and specialty properties. Because REITs must distribute at least 90% of taxable income, they are popular among dividend-focused investors seeking regular cash flow. Their performance often moves inversely with bond yields, so tracking the yield curve can help you time entries. Compare REITs with other tangible holdings like farmland and timber to build a well-rounded alternatives sleeve in your portfolio.