Reed is a real estate investment trust.

Real estate investment trust.

Yeah, R EIT.

Okay, yeah, it's a short, yeah, acronym, yeah.

So can you explain to people what is a Reed?

Yes, so it is a, either a group or kind of an amalgamation, a compilation of a bunch of real estate people that have money in a fund that they use to either invest in real estate or just real estate transactions and the beat is a fund right so they

guarantee a return to their investors so let's say there's like 10 investors and they're like hey

if you invest in this real estate investment trust, you know,

you're going to get, let's say, 6% return on a year by year basis.

And they'll take that 6% return, you know, the investors will get their little dividends and kind of go away with it.

Most popular reats that, you know, aren't really like advertise this reats is like, for example,

like Cardone has a reet, right? He has a big reet as well.

Grand Cardone? Yeah, I mean, because they have a bunch of real estate that they own in apartments right and they pay out dividends got right so that's like a reit. It's like a fun. Yeah, but it's not a fund as like free money. It's a fund that's invested into real estate.

So like another really yeah a really another another really popular one is like crowd fund or

Fundrise Yeah, fundrise the online one. That one's also a re- because they have real estate that they buy using the money that's allocated, you know, for the purchase.

So is Panetta Capital technically a reets?

I guess if, I mean, it's kind of like a...

Is it only real estate?

I think...

Then yeah, it's basically...

It's basically...

You can buy it into a bunch of reets on the stock market, you're buying in and you know that that fund is going to be the one responsible for picking out properties that guarantee you return.

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