Build Wealth Like Donald Trump With These 3 Stocks

Donald Trump built his wealth in real estate. He also ventured into entertainment, including his popular show The Apprentice and his social media app Truth Social, which recently went public via SPAC merger and now trades as Trump Media & Technology Group Corp. DJT.

Investing in real estate is not as easy as it once was, especially with interest rates at elevated levels. However, investors can explore alternative routes to enter the real estate market, including investing in real estate investment trusts (REITs).

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So, how can you invest like Donald Trump today? Well, his portfolio is highly concentrated in two states – New York and Florida – and he's an avid player of one sport. Let's take a look at how you could invest in each.

New York Real Estate

You can gain exposure to residential real estate in New York with AvalonBay Communities AVB. As of June 30, it owned or had ownership interests in 300 apartment communities, including 43 in the New York-New Jersey Metro region. In the six months ended June 30, the New York-New Jersey Metro region was responsible for approximately 20% of AvalonBay's total residential revenue.

AvalonBay currently pays a quarterly dividend of $1.70 per share, which equates to an annualized dividend of $6.80 per share and gives its stock a yield of about 3.2% at the time of this writing. The company has also raised its annual dividend payment 11 times in the last 13 years, making it a great source for both yield and dividend growth.

Florida Real Estate

You can gain exposure to commercial real estate in Florida with NNN REIT, Inc. NNN. As of June 30, its portfolio comprised 3,548 properties in 49 states, including 282 in Florida, making it its second-largest state by property count. Florida is also the second-largest state in the percentage of its annual base rent, which is approximately 9.4%.

NNN REIT currently pays a quarterly dividend of $0.58 per share, which equates to an annualized dividend of $2.32 per share and gives its stock a yield of about 5.1%. The company also boasts the third-longest streak of annual dividend increases in the REIT industry at an impressive 35 consecutive years.

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Golf Courses

You can gain exposure to golf courses and venues with VICI Properties VICI. As of June 30, VICI owned and managed a portfolio of 93 gaming, hospitality and entertainment properties, including four championship golf courses – Cascata and Rio Secco in Las Vegas, Chariot Run in Indiana and Grand Bear in Mississippi. 

VICI currently pays a quarterly dividend of $0.415 per share, which equates to an annualized dividend of $1.66 per share and gives its stock a yield of about 5.2% at the time of this writing. The company is also on track for 2024 to mark the sixth consecutive year in which it has raised its annual dividend payment, making it both a high-yield and dividend-growth stock like AvalonBay and NNN REIT.

Better Yields Than Some REITs?

The current high-interest-rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through REITs.

Arrived Homes, the Jeff Bezos-backed investment platform has launched its Private Credit Fund, which provides access to a pool of short-term loans backed by residential real estate with a target 7% to 9% net annual yield paid to investors monthly. It paid 8.1% in July. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

As long-term rates go down and short-term rates stay high, there’s a unique chance to invest in fix & flip loans before yields drop. Check out Benzinga's favorite high-yield offerings. 

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