“The biggest challenge was using what was already here but making it better,” says Tiffany (left). “This isn’t our forever home, so I had to be really smart about what I decided to spend money on and what just needed a small facelift. It’s way easier to bring your full vision to life without any restrictions, but the fun part is figuring it out with those limitations.”

“The biggest challenge was using what was already here but making it better,” says Tiffany (left). “This isn’t our forever home, so I had to be really smart about what I decided to spend money on and what just needed a small facelift. It’s way easier to bring your full vision to life without any restrictions, but the fun part is figuring it out with those limitations.”

When interior designer Tiffany Thompson bought this two-bedroom Portland, Oregon, town house in 2016, she was working at Nike and viewed its close proximity to the company’s headquarters as a major benefit. It also didn’t hurt that she had access to a community pool and tennis court, or that the drive toward her street was lined with towering trees. But the deciding factor, Tiffany remembers, is that it had a certain Pacific Northwest luxury. “What initially drew me to this place was the amount of natural light it received. It’s pretty bright all of the time,” Tiffany says. “Coming from Miami where it’s usually sunny, the thing that scared me most about purchasing a home in Portland was that it was going to be dark and rainy seven months out of the year.”

The challenge would be turning this cookie-cutter town house into a personalized haven. Tiffany was surrounded by a blank canvas. Luckily, her boyfriend, Julian Gaines, is a fine artist. “With all of the art, we want to evoke emotion and really let them be the highlight of our home,” she says. “Being with an artist is amazing because I have endless items to choose from.”

“For the dining room art, Julian imagined himself being next in line on his way to heaven and seeing the person in front of him receiving his halo,” she says. The table is from Lillian August, and the surrounding chairs are from Design Within Reach. The Studio Eero Aarnio Mini Pony Chair in the corner was found at Finnish Design Shop.
“For the dining room art, Julian imagined himself being next in line on his way to heaven and seeing the person in front of him receiving his halo,” she says. The table is from Lillian

Many investors believe the real estate sector is a “boring” place to invest and that its returns couldn’t possibly match that of the S&P 500 over time.

Nothing could be further from the truth. In fact, it’s fair to say that many investors who bought REITs and held on to them for 20 years or more were able to build life-changing wealth as a result.

With that in mind, here are five rock-solid real estate investment trusts, or REITs, that have delivered quarter-million dollar returns (or much more) for investors who had the foresight and patience to invest early and let their money grow by reinvesting their dividends along the way.

Man cheering with money falling around him.

Image source: Getty Images.

1. Realty Income

Realty Income (NYSE: O) is a net-lease REIT that specializes in freestanding retail properties but focuses on tenants that are recession-resistant and that aren’t easily disrupted by e-commerce. Just to name a few examples, dollar stores, convenience stores, and drug stores are among Realty Income’s top property types.

The strategy has produced decades of consistent income and strong returns. Realty Income recently paid its 600th consecutive monthly dividend and has increased its payout more than 100 times since listing on the NYSE in 1994. Since that time, the stock has delivered annualized returns of more than 15%, and a $10,000 investment at the time of Realty Income’s listing 26 years ago would be worth more than $409,000 today.

2. Welltower

Welltower (NYSE: WELL) is the largest REIT that focuses on healthcare real estate. The company owns a massive portfolio consisting of senior housing, long-term care, outpatient medical, and hospital properties. Over the years, the company has done a great job of strategic acquisitions and dispositions, and has taken advantage of the growing need for senior-focused healthcare services in the United States.