If you are going to buy properties, always remember location, location, and location. If you are buying rental properties, remember the same thing. One of the reasons I like AvalonBay (AVB) as an investment, is that they are careful about location and the quality of and types of buildings they own.
Short and Sweet
In my recent posts I have talked about the tools I use at Seeking Alpha when I am buying investments. Adding shares of AVB is no exception. Even though I already own shares, before I buy more, I do the same check of some key factors. The images that follow are crucial in my evaluation process. I want growing dividends, a sensible FFO for all REIT investments, and I want a company that is likely to be in business ten years from now.
I now hold 85 shares of AVB. I will buy more shares if the price continues downward. AVB announced their next quarterly dividend September 16, 2020. The Ex-Dividend Date is September 29, 2020. I’d like to be at 100 shares by that date.